Denny’s (DENN) – Analysts’ Recent Ratings Changes

Denny’s (NASDAQ: DENN) has recently received a number of price target changes and ratings updates:

• 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.
• 12/24/2024 – Denny’s was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Denny’s Trading Up 4.9 %

Shares of NASDAQ DENN opened at $5.37 on Friday. The company has a fifty day moving average price of $6.14 and a 200 day moving average price of $6.31. The firm has a market cap of $275.64 million, a PE ratio of 16.27, a PEG ratio of 1.27 and a beta of 2.02. Denny’s Co. has a 1-year low of $4.91 and a 1-year high of $9.56.

Denny’s (NASDAQ:DENN) last posted its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Denny’s had a negative return on equity of 48.64% and a net margin of 3.90%. Equities research analysts forecast that Denny’s Co. will post 0.52 EPS for the current year.

Hedge Funds Weigh In On Denny’s

Several hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC grew its position in Denny’s by 6.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 8,634,514 shares of the restaurant operator’s stock valued at $55,693,000 after purchasing an additional 558,964 shares in the last quarter. Boston Partners lifted its stake in Denny’s by 2,820.6% in the 4th quarter. Boston Partners now owns 1,665,893 shares of the restaurant operator’s stock valued at $10,081,000 after purchasing an additional 1,608,854 shares during the last quarter. First Eagle Investment Management LLC lifted its position in shares of Denny’s by 19.7% in the fourth quarter. First Eagle Investment Management LLC now owns 1,665,680 shares of the restaurant operator’s stock valued at $10,077,000 after buying an additional 274,459 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Denny’s by 20.7% during the 4th 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 during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Denny’s by 73.2% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,381,120 shares of the restaurant operator’s stock worth $8,908,000 after purchasing an additional 583,660 shares during the period. 85.07% of the stock is owned by institutional investors.

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.