Wedbush Has Pessimistic Outlook of Denny's Q1 Earnings

Denny's Co. (NASDAQ:DENN - Free Report) - Stock analysts at Wedbush reduced their Q1 2025 EPS estimates for shares of Denny's in a research note issued on Thursday, February 13th. Wedbush analyst N. Setyan now expects that the restaurant operator will earn $0.06 per share for the quarter, down from their previous forecast of $0.10. Wedbush has a "Outperform" rating and a $8.50 price target on the stock. The consensus estimate for Denny's' current full-year earnings is $0.50 per share. Wedbush also issued estimates for Denny's' Q2 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.08 EPS, Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.16 EPS and FY2026 earnings at $0.56 EPS.

Denny's (NASDAQ:DENN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Denny's had a negative return on equity of 50.01% and a net margin of 4.77%.

DENN has been the subject of several other research reports. StockNews.com cut shares of Denny's from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Citigroup cut their target price on Denny's from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. Truist Financial reduced their target price on Denny's from $10.00 to $8.00 and set a "buy" rating on the stock in a report on Monday, October 28th. Benchmark lowered their price target on Denny's from $15.00 to $10.00 and set a "buy" rating for the company in a research note on Friday, October 25th. Finally, Piper Sandler reduced their price objective on shares of Denny's from $7.00 to $6.00 and set a "neutral" rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $7.75.

Denny's Stock Down 0.6 %

NASDAQ DENN traded down $0.03 during trading hours on Monday, hitting $5.11. The company's stock had a trading volume of 931,963 shares, compared to its average volume of 1,296,815. Denny's has a twelve month low of $4.82 and a twelve month high of $9.52. The firm has a market capitalization of $262.29 million, a P/E ratio of 12.46 and a beta of 2.02. The stock has a fifty day moving average of $6.04 and a 200 day moving average of $6.24.

Hedge Funds Weigh In On Denny's

Several institutional investors have recently modified their holdings of DENN. Quarry LP raised its holdings in Denny's by 178.4% during the 4th quarter. Quarry LP now owns 9,618 shares of the restaurant operator's stock worth $58,000 after buying an additional 6,163 shares during the period. Marshall Wace LLP acquired a new stake in shares of Denny's during the fourth quarter worth $61,000. RPO LLC bought a new stake in Denny's in the 4th quarter valued at $63,000. Sanctuary Advisors LLC acquired a new position in Denny's in the 2nd quarter worth $77,000. Finally, FMR LLC increased its holdings in Denny's by 95.2% during the 3rd quarter. FMR LLC now owns 12,239 shares of the restaurant operator's stock worth $79,000 after purchasing an additional 5,970 shares in the last quarter. Institutional investors own 85.07% of the company's stock.

About Denny's

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.