Is Denny’s (NASDAQ:DENN) Finally Worth Your Time? What Does Maxim Group Think?

Denny's Corporation (NASDAQ:DENN) Logo

Investors sentiment increased to 1.2 in 2018 Q3. Its up 0.33, from 0.87 in 2018Q2. It improved, as 8 investors sold Denny's Corporation shares while 41 reduced holdings. 18 funds opened positions while 41 raised stakes. 54.68 million shares or 1.64% less from 55.59 million shares in 2018Q2 were reported.

Hightower Ltd Company has 11,972 shares for 0% of their portfolio. The United Kingdom-based Gsa Cap Prtn Ltd Liability Partnership has invested 0.08% in Denny's Corporation (NASDAQ:DENN). 348,898 were reported by Schwab Charles Management. First Republic Investment Management Inc owns 0% invested in Denny's Corporation (NASDAQ:DENN) for 22,680 shares. Barclays Public Ltd has 0% invested in Denny's Corporation (NASDAQ:DENN). Citadel Advisors Limited stated it has 0% in Denny's Corporation (NASDAQ:DENN). Bw Gestao De Investimentos Ltda, a Brazil-based fund reported 41,616 shares. State Teachers Retirement Sys holds 5,500 shares or 0% of its portfolio. Bessemer Group Inc holds 0.01% of its portfolio in Denny's Corporation (NASDAQ:DENN) for 154,461 shares. Brinker Cap Inc holds 17,496 shares. Gotham Asset Mngmt Llc, a New York-based fund reported 25,070 shares. Bankshares Of Ny Mellon holds 0% of its portfolio in Denny's Corporation (NASDAQ:DENN) for 271,540 shares. Fruth stated it has 22,500 shares. Pnc Financial Grp Inc invested in 9,957 shares or 0% of the stock. Connecticut-based Massmutual Commerce Fsb Adv has invested 0% in Denny's Corporation (NASDAQ:DENN).

Since June 12, 2018, it had 0 insider buys, and 4 selling transactions for $1.24 million activity. $751,546 worth of Denny's Corporation (NASDAQ:DENN) shares were sold by Flemming Timothy E.. $757,620 worth of Denny's Corporation (NASDAQ:DENN) shares were sold by MILLER JOHN C.

Why Has Maxim Group Given Denny’s (NASDAQ:DENN) a $21 Price Target

Research analysts at Maxim Group began coverage on shares of Denny’s (NASDAQ:DENN) in analysts report revealed to clients on 11 December. The broker set Buy rating on the stock. Maxim Group’s target price per share of $21 suggests potential of 27.58 % from the stock’s current price.

Denny's Corporation (NASDAQ:DENN) Ratings Coverage

Among 2 analysts covering Denny’s (NASDAQ:DENN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Denny’s has $17 highest and $16.5 lowest target. $17’s average target is 3.28% above currents $16.46 stock price. Denny’s had 3 analyst reports since July 31, 2018 according to SRatingsIntel. Wedbush maintained Denny's Corporation (NASDAQ:DENN) on Tuesday, July 31 with “Outperform” rating. The company was downgraded on Wednesday, September 12 by Stephens. Stephens upgraded Denny's Corporation (NASDAQ:DENN) rating on Wednesday, October 31. Stephens has “Overweight” rating and $17 target.

The stock increased 1.73% or $0.28 during the last trading session, reaching $16.46. About 281,877 shares traded. Denny's Corporation (NASDAQ:DENN) has risen 21.93% since December 12, 2017 and is uptrending. It has outperformed by 21.93% the S&P500.

Analysts await Denny's Corporation (NASDAQ:DENN) to report earnings on February, 12. They expect $0.18 EPS, 0.00 % or $0.00 from last year’s $0.18 per share. DENN’s profit will be $11.26 million for 22.86 P/E if the $0.18 EPS becomes a reality. After $0.17 actual EPS reported by Denny's Corporation for the previous quarter, Wall Street now forecasts 5.88 % EPS growth.

Denny's Corporation, through its subsidiary, Denny's, Inc., owns and operates full-service restaurant chains under the Denny's brand. The company has market cap of $1.03 billion. As of June 28, 2017, it operated 1,724 franchised, licensed, and firm operated restaurants worldwide, including 125 restaurants in Canada, Puerto Rico, Mexico, New Zealand, Honduras, Costa Rica, Dominican Republic, the United Arab Emirates, the Philippines, Guam, Curaçao ,and El Salvador. It has a 24.1 P/E ratio. The firm was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in 2002.

More notable recent Denny's Corporation (NASDAQ:DENN) news were published by: Seekingalpha.com which released: “Famous Dave’s: Plenty Of Meat Left On The Bone – Seeking Alpha” on May 18, 2018, also Seekingalpha.com with their article: “Denny’s: Solid Q4, But Too Expensive – Seeking Alpha” published on February 26, 2018, Seekingalpha.com published: “Denny’s Corp (DENN) CEO John Miller on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 30, 2018. More interesting news about Denny's Corporation (NASDAQ:DENN) were released by: Globenewswire.com and their article: “Denny’s Grows Digital Ordering Network Through Skill for Amazon Alexa – GlobeNewswire” published on March 14, 2018 as well as Globenewswire.com‘s news article titled: “Denny’s Corporation Announces Timing of Second Quarter Results and Conference Call on July 30, 2018 – GlobeNewswire” with publication date: July 09, 2018.

Denny's Corporation (NASDAQ:DENN) Institutional Positions Chart

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