Denny's (NASDAQ:DENN) Releases Quarterly Earnings Results

Denny's (NASDAQ:DENN - Get Free Report) issued its earnings results on Wednesday. The restaurant operator reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01), Zacks reports. Denny's had a negative return on equity of 48.64% and a net margin of 3.90%.

Denny's Trading Down 9.5 %

Shares of DENN stock traded down $0.51 on Friday, hitting $4.86. 3,878,851 shares of the stock were exchanged, compared to its average volume of 821,464. The firm has a market capitalization of $249.46 million, a PE ratio of 14.73, a P/E/G ratio of 1.27 and a beta of 2.02. Denny's has a one year low of $4.82 and a one year high of $9.56. The firm's 50 day moving average is $6.11 and its two-hundred day moving average is $6.29.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Oppenheimer lowered their price target on Denny's from $8.00 to $7.00 and set an "outperform" rating for the company in a research report on Thursday. Benchmark decreased their target price on Denny's from $15.00 to $10.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Citigroup decreased their target price on Denny's from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Thursday. StockNews.com lowered Denny's from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Finally, Wedbush decreased their target price on Denny's from $10.00 to $8.50 and set an "outperform" rating for the company in a research report on Thursday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $8.10.

Denny's Company Profile

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.