Denny's Co. (NASDAQ:DENN) CEO John C. Miller sold 72,417 shares of Denny's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $15.04, for a total transaction of $1,089,151.68. Following the completion of the sale, the chief executive officer now owns 853,326 shares of the company’s stock, valued at $12,834,023.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Denny's Co. (DENN) opened at $14.98 on Monday. The company has a market cap of $977.94, a P/E ratio of 26.28 and a beta of 0.67. The company has a debt-to-equity ratio of -2.95, a current ratio of 0.40 and a quick ratio of 0.36. Denny's Co. has a 12 month low of $10.87 and a 12 month high of $15.70.
Denny's (NASDAQ:DENN) last released its earnings results on Tuesday, February 13th. The restaurant operator reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04. The company had revenue of $135.50 million during the quarter, compared to analysts’ expectations of $134.84 million. Denny's had a net margin of 7.48% and a negative return on equity of 50.22%. analysts anticipate that Denny's Co. will post 0.64 earnings per share for the current fiscal year.
A number of analysts recently commented on the stock. Wedbush reiterated a “buy” rating and issued a $16.00 target price on shares of Denny's in a research note on Wednesday, February 14th. Zacks Investment Research cut shares of Denny's from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, BidaskClub upgraded shares of Denny's from a “sell” rating to a “hold” rating in a research note on Saturday, January 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Denny's currently has a consensus rating of “Hold” and a consensus price target of $13.33.
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Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.
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