Denny’s (DENN) to Release Quarterly Earnings on Wednesday

Denny’s (NASDAQ:DENN) is anticipated to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Denny’s to post earnings of $0.15 per share and revenue of $115.83 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Denny’s Trading Down 1.3 %

Denny’s stock opened at $6.26 on Wednesday. The stock has a fifty day moving average price of $6.15 and a 200 day moving average price of $6.35. Denny’s has a 52 week low of $5.37 and a 52 week high of $10.53. The firm has a market capitalization of $321.33 million, a P/E ratio of 18.97, a PEG ratio of 1.21 and a beta of 2.02.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Citigroup upgraded shares of Denny’s from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $7.00 to $7.50 in a report on Friday, October 25th. StockNews.com lowered shares of Denny’s from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Wedbush cut their target price on Denny’s from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Truist Financial reduced their target price on Denny’s from $10.00 to $8.00 and set a “buy” rating on the stock in a report on Monday, October 28th. Finally, Benchmark dropped their price target on Denny’s from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $7.90.

Denny’s Company Profile

Denny’s Corp. engages in the operation of restaurants and franchised, and licensed restaurants. It operates through the Denny’s and Other segments. The Denny’s segment includes the results of all company and franchised and licensed Denny’s restaurants. The Other segment refers to the results of all company and franchise restaurants.