Analysts’ Recent Ratings Updates for Denny’s (DENN)

Denny’s (NASDAQ: DENN) recently received a number of ratings updates from brokerages and research firms:

• 2/18/2025 – Denny’s had its price target lowered by analysts at Piper Sandler from $7.00 to $6.00. They now have a “neutral” rating on the stock.
• 2/13/2025 – Denny’s had its price target lowered by analysts at Oppenheimer Holdings Inc. from $8.00 to $7.00. They now have an “outperform” rating on the stock.
• 2/13/2025 – Denny’s had its price target lowered by analysts at Wedbush from $10.00 to $8.50. They now have an “outperform” rating on the stock.
• 2/13/2025 – Denny’s had its price target lowered by analysts at Citigroup Inc. from $8.00 to $7.00. They now have a “buy” rating on the stock.
• 2/7/2025 – Denny’s was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $10.00 price target on the stock, up previously from $6.00.
• 1/13/2025 – Denny’s was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/7/2025 – Denny’s had its price target raised by analysts at Oppenheimer Holdings Inc. from $7.00 to $8.00. They now have an “outperform” rating on the stock.

Denny’s Trading Down 5.6 %

NASDAQ:DENN opened at $4.21 on Thursday. Denny’s Co. has a 1-year low of $4.13 and a 1-year high of $9.53. The stock has a market cap of $217.28 million, a P/E ratio of 10.27 and a beta of 2.08. The stock has a 50 day simple moving average of $5.86 and a 200 day simple moving average of $6.19.

Denny’s (NASDAQ:DENN) last released its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Denny’s had a negative return on equity of 50.01% and a net margin of 4.77%. As a group, sell-side analysts forecast that Denny’s Co. will post 0.5 EPS for the current year.

Insider Buying and Selling

In other news, CEO Kelli Valade purchased 9,700 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of $5.13 per share, with a total value of $49,761.00. Following the acquisition, the chief executive officer now owns 192,806 shares in the company, valued at approximately $989,094.78. The trade was a 5.30 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Stephen C. Dunn acquired 9,815 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of $5.08 per share, for a total transaction of $49,860.20. Following the completion of the purchase, the executive vice president now directly owns 113,666 shares of the company’s stock, valued at $577,423.28. The trade was a 9.45 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 20,465 shares of company stock valued at $104,457 over the last 90 days. 4.20% of the stock is owned by corporate insiders.

Institutional Trading of Denny’s

Hedge funds have recently made changes to their positions in the company. Boston Partners increased its stake in shares of Denny’s by 2,820.6% in the fourth quarter. Boston Partners now owns 1,665,893 shares of the restaurant operator’s stock valued at $10,081,000 after buying an additional 1,608,854 shares during the period. First Eagle Investment Management LLC increased its stake in shares of Denny’s by 19.7% in the 4th quarter. First Eagle Investment Management LLC now owns 1,665,680 shares of the restaurant operator’s stock valued at $10,077,000 after acquiring an additional 274,459 shares in the last quarter. Wellington Management Group LLP increased its stake in Denny’s by 20.7% in the fourth quarter. Wellington Management Group LLP now owns 1,559,063 shares of the restaurant operator’s stock valued at $9,432,000 after purchasing an additional 267,694 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in Denny’s by 73.2% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,381,120 shares of the restaurant operator’s stock valued at $8,908,000 after buying an additional 583,660 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Denny’s by 24.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,265,381 shares of the restaurant operator’s stock worth $7,656,000 after purchasing an additional 251,874 shares during the period. 85.07% of the stock is owned by institutional investors and hedge funds.

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.