Denny's Corporation (DENN)
Chart Events
Performance Outlook
| Previous Close | 17.58 |
| Open | 17.60 |
| Bid | 16.50 x 800 |
| Ask | 17.88 x 1100 |
| Day's Range | 16.41 - 17.88 |
| 52 Week Range | 4.50 - 18.33 |
| Volume | 629,541 |
| Avg. Volume | 922,427 |
| Market Cap | 1.141B |
| Beta (5Y Monthly) | 1.78 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
Fair Value
Related Research
- SmarterAnalyst
Denny’s 4Q Revenues Miss Estimates Due To COVID-19 Pandemic
Denny’s Corp. reported fourth-quarter results, which fell short of the Street’s estimates, as the restaurant chain operator grappled with the negative impact of the COVID-19 pandemic. Denny's stock was down 1.1% in Tuesday’s extended trading. Denny’s (DENN) reported fourth quarter revenues of $80.1 million that declined 29.6% year-over-year and missed analysts’ expectations of about $81.3 million. Its franchise and license revenue of $47.2 million decreased 27.4% year-over-year, while its restaurant sales of $32.9 million fell 32.6% year-over-year. The company’s domestic system-wide same-store sales slumped 32.9% in 4Q. The company said, “These changes were primarily due to the impact of the COVID-19 pandemic on sales and fewer equivalent units, partially offset by an additional operating week.” (See Denny’s stock analysis on TipRanks) Denny’s reported a 4Q adjusted loss of $0.05 per share, compared to the year-ago period’s earnings of $0.23 per share. Analysts were looking for a loss of $0.01 per share. Following the 4Q results, Oppenheimer analyst Michael Tamas reiterated a Buy rating on Denny's stock with a price target of $19 (15.6% upside potential). Tamas said, “DENN appears uniquely positioned for an outsized sales recovery as dining restrictions ease. A reopening environment would allow additional units to reinstall late-night (e.g.,+8-10% to current trends) and reverse the negative impact of California's off-premise only mandate (25% of units).” He added, “We also see an attractive setup for capital returns to shareholders in late-'21 and for accelerating unit growth in '22 (and beyond).” Meanwhile, the rest of the Street has a cautiously optimistic outlook on the stock, with a Moderate Buy consensus rating based on 3 Buys and 4 Holds. The average analyst price target of $16.14 implies downside potential of 1.8% to current levels. Shares are down about 18.5% over the past year. Additionally, the TipRanks’ stock investors tool shows that investors currently have a Very Negative stance on DENN. Related News:Palantir Drops 8.6% After Surprise Quarterly LossRexnord’s 3Q Profit Tops Analysts’ Estimates; Shares Rise 4%Jack Henry Shores Up Quarterly Dividend By 7%; Street Sees 19% Upside More recent articles from Smarter Analyst: Western Alliance To Buy AmeriHome For $1B; Shares Drop 3.5% New Residential Investment To Buy Back $200M In Stock Why XPeng Stock Looks Undervalued at Current Levels Amazon: The Multi-Pronged Growth Machine
- Motley Fool
Denny's Corp (DENN) Q4 2020 Earnings Call Transcript
DENN earnings call for the period ending December 30, 2020.
- Benzinga
Recap: Denny's Q4 Earnings
Shares of Denny's (NASDAQ:DENN) moved lower after the company reported Q4 results. Quarterly Results Earnings per share decreased 121.74% over the past year to ($0.05), which missed the estimate of ($0.01). Revenue of $80,105,000 decreased by 29.63% from the same period last year, which beat the estimate of $80,050,000. Guidance Earnings guidance hasn't been issued by the company for now. Denny's hasn't issued any revenue guidance for the time being. How To Listen To The Conference Call Date: Feb 16, 2021 View more earnings on DENN Time: 04:30 PM ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.dennys.com%2F&eventid=2948606&sessionid=1&key=1A8C8DE64B7C8C8A017992C52889F36E®Tag=&V2=false&sourcepage=register Price Action Company's 52-week high was at $22.09 52-week low: $4.50 Price action over last quarter: Up 83.99% Company Overview Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers and soups, Sandwiches and salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from the two sources: sale of food and beverages and the collection of royalties and fees from restaurants. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 16, 2021Denny's Earnings: A Preview© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
