News stories about Denny’s (NASDAQ:DENN) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Denny’s earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 43.9812418761659 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
DENN opened at $16.59 on Tuesday. The company has a market cap of $1,039.67, a PE ratio of 28.60 and a beta of 0.63. Denny’s has a one year low of $10.87 and a one year high of $16.75. The company has a current ratio of 0.43, a quick ratio of 0.40 and a debt-to-equity ratio of -2.94.
Denny’s (NASDAQ:DENN) last released its earnings results on Tuesday, February 13th. The restaurant operator reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. The firm had revenue of $135.50 million for the quarter, compared to analysts’ expectations of $134.84 million. Denny’s had a negative return on equity of 47.76% and a net margin of 7.48%. equities research analysts predict that Denny’s will post 0.57 earnings per share for the current year.
A number of brokerages have issued reports on DENN. BidaskClub upgraded Denny’s from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 30th. Zacks Investment Research upgraded Denny’s from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Wedbush restated a “buy” rating and set a $16.00 price objective on shares of Denny’s in a research report on Wednesday, February 14th. Finally, ValuEngine upgraded Denny’s from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $13.33.
In other news, COO Christopher D. Bode sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $15.65, for a total transaction of $234,750.00. Following the transaction, the chief operating officer now owns 50,488 shares of the company’s stock, valued at $790,137.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Robert P. Verostek sold 7,548 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $15.30, for a total value of $115,484.40. Following the transaction, the senior vice president now directly owns 8,500 shares in the company, valued at approximately $130,050. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 168,505 shares of company stock worth $2,558,623. Insiders own 5.80% of the company’s stock.
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Denny's Corporation, through its subsidiary, Denny's, Inc, owns and operates full-service restaurant chains under the Denny's brand. As of December 27, 2017, it had 1,735 franchised, licensed, and company restaurants worldwide, including 128 restaurants in Canada, Puerto Rico, Mexico, New Zealand, Honduras, the Philippines, Costa Rica, Dominican Republic, the United Arab Emirates, Guam, Curaçao, El Salvador, Guatemala, and the United Kingdom.
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