Denny’s (DENN) Expected to Announce Quarterly Earnings on Wednesday

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

Denny’s Stock Down 1.3 %

Shares of NASDAQ:DENN opened at $6.26 on Wednesday. The company has a market capitalization of $321.33 million, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 1.21 and a beta of 2.02. The company has a 50 day moving average of $6.15 and a two-hundred day moving average of $6.35. Denny’s has a 52-week low of $5.37 and a 52-week high of $10.53.

Analysts Set New Price Targets

DENN has been the topic of several analyst reports. Wedbush dropped their price target on shares of Denny’s from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Truist Financial dropped their target price on Denny’s from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Oppenheimer increased their price target on Denny’s from $7.00 to $8.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. StockNews.com downgraded Denny’s from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, Benchmark reduced their target price 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Denny’s presently has a consensus rating of “Moderate Buy” and an average target price 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.