DENN Stock Summary and Trading Ideas (Denny's | NASDAQ:DENN)

Denny's Corp is one of America's franchised full-service restaurant chains based on the number of restaurants. The company owns and operates the Denny's brand and the Keke's Breakfast Cafe brand. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelets, and others. The company generates its revenue from two sources: the sale of food and beverages and the collection of royalties, advertising revenue, initial and other fees, including occupancy revenue, from restaurants operated by their franchisees.

Denny's trades on the NASDAQ stock market under the symbol DENN.

As of May 16, 2024, DENN stock price declined to $8.14 with 506,236 million shares trading.

DENN has a beta of 1.29, meaning it tends to be more sensitive to market movements. DENN has a correlation of 0.26 to the broad based SPY ETF.

DENN has a market cap of $425.35 million. This is considered a Small Cap stock.

Last quarter Denny's reported $110 million in Revenue and $.11 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.03.

In the last 3 years, DENN stock traded as high as $18.28 and as low as $7.83.

The top ETF exchange traded funds that DENN belongs to (by Net Assets): VTI, IWM, VXF, IWO, FNDA.

DENN has underperformed the market in the last year with a price return of -24.4% while the SPY ETF gained +29.6%. DENN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.0% and +1.2%, respectively, while the SPY returned +5.6% and +5.7%, respectively.

DENN support price is $8.02 and resistance is $8.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DENN stock will trade within this expected range on the day.