The Denny's Corp (DENN) share price is expected to increase by 20.86% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered DENN. Price targets range from $6 at the low end to $10 at the high end. The current analyst consensus for DENN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
DENN is a stock in Consumer Cyclical which has been forecasted to be worth $7.92857 as an average. On the higher end, the forecast price is $10 USD by from MKM Partners and on the lower end DENN is forecasted to be $6 by from Feltl & Co..
These are the latest 20 analyst ratings of DENN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jake Bartlett Truist Securities | Buy | $8 | Maintains | Oct 28, 2024 |
Jon Tower Citigroup | Buy | $7.5 | Upgrade | Oct 25, 2024 |
Todd Brooks Benchmark | Buy | $10 | Maintains | Oct 25, 2024 |
Nick Setyan Wedbush | Neutral | $6 | Maintains | Oct 23, 2024 |
Michael Tames Oppenheimer | Outperform | $7 | Maintains | Oct 23, 2024 |
Jon Tower Citigroup | Neutral | $7 | Maintains | Oct 15, 2024 |
Nick Setyan Wedbush | Neutral | $8 | Maintains | Jul 31, 2024 |
Todd Brooks Benchmark | Buy | $15 | Reiterates | Jul 31, 2024 |
Michael Tames Oppenheimer | Outperform | $10 | Maintains | Jul 31, 2024 |
Nick Setyan Wedbush | Neutral | $8.5 | Reiterates | Jul 19, 2024 |
Jake Bartlett Truist Securities | Buy | $10 | Maintains | Jul 9, 2024 |
Nick Setyan Wedbush | Neutral | $8.5 | Maintains | May 1, 2024 |
Todd Brooks Benchmark | Buy | $15 | Reiterates | May 1, 2024 |
Michael Tames Oppenheimer | Outperform | $11 | Maintains | May 1, 2024 |
Nick Setyan Wedbush | Neutral | $9.5 | Maintains | Apr 26, 2024 |
Jake Bartlett Truist Securities | Buy | $12 | Maintains | Feb 14, 2024 |
Nick Setyan Wedbush | Neutral | $10.5 | Maintains | Feb 14, 2024 |
Michael Tames Oppenheimer | Outperform | $12 | Maintains | Feb 14, 2024 |
Michael Tames Oppenheimer | Outperform | $13 | Maintains | Jan 5, 2024 |
Jake Bartlett Truist Securities | Buy | $12 | Maintains | Oct 31, 2023 |
When did it IPO
1998
Staff Count
3,500
Country
United States
Sector/Industry
Consumer Cyclical/Restaurants
CEO
Ms. Kelli F. Valade
Market Cap
$336.7M
In 2023, DENN generated $463.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DENN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The restaurant brand will continue its support of a grassroots program for a second consecutive year, highlighting community engagement and dedication.
Why It Matters - Continued community support reflects brand loyalty, which can drive sales stability and growth, positively impacting financial performance and investor confidence.
Summary - Denny's has reintroduced its Holiday Turkey Bundle for Thanksgiving, priced from $54.99, offering customers a convenient meal option for the holiday season.
Why It Matters - Denny's Holiday Turkey Bundle can boost seasonal sales, enhancing revenue and customer engagement, which may positively impact stock performance and investor sentiment.
Summary - America's Diner hosted an event honoring retired and active-duty military personnel, highlighting community support for veterans.
Why It Matters - The event highlights community engagement and potential support for local businesses, which can influence consumer spending and sentiment, impacting stock performance in related sectors.
Summary - Denny's Corporation will hold its Investor Day and Q3 2024 Earnings Conference Call on October 22, 2024, featuring key executives and industry analysts.
Why It Matters - Denny's Investor Day and Q3 earnings call provide key insights into company performance, strategy, and leadership, influencing stock valuation and investor sentiment.
Summary - America's Diner has introduced new fall menu items and is promoting popular Value Meals, likely aiming to attract more customers and boost sales.
Why It Matters - New menu offerings can attract customers and boost sales for restaurants, potentially enhancing revenue and profit margins, which positively impacts stock performance in the food service sector.
Summary - Denny's Corp (NASDAQ: DENN) was upgraded to "Buy" from "Neutral" by Citi analysts on October 25, with a new price target of $7.50, up from $7.
Why It Matters - Denny's stock upgrade by Citi signals increased investor confidence, potentially driving share prices higher and attracting more investment interest.