Wedbush Comments on Denny’s’ Q1 Earnings (NASDAQ:DENN)

Denny’s Co. (NASDAQ:DENN) – Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for Denny’s in a research report issued to clients and investors on Friday, February 7th. Wedbush analyst N. Setyan now expects that the restaurant operator will earn $0.10 per share for the quarter, down from their previous forecast of $0.12. Wedbush has a “Outperform” rating and a $10.00 price target on the stock. The consensus estimate for Denny’s’ current full-year earnings is $0.52 per share. Wedbush also issued estimates for Denny’s’ Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.17 EPS and FY2025 earnings at $0.53 EPS.

DENN has been the topic of a number of other research reports. StockNews.com cut shares of Denny’s from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Citigroup upgraded Denny’s from a “neutral” rating to a “buy” rating and upped their price target for the stock from $7.00 to $7.50 in a research note on Friday, October 25th. Oppenheimer lifted their price objective on Denny’s from $7.00 to $8.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Truist Financial cut their target price on Denny’s from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. Finally, 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 report on Friday, October 25th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $8.70.

Denny’s Price Performance

NASDAQ:DENN opened at $6.72 on Monday. The firm’s 50-day moving average price is $6.18 and its 200-day moving average price is $6.32. The company has a market capitalization of $344.94 million, a PE ratio of 20.36, a P/E/G ratio of 1.27 and a beta of 2.02. Denny’s has a 1-year low of $5.37 and a 1-year high of $10.53.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Boston Partners increased its position in shares of Denny’s by 2,820.6% during the 4th quarter. Boston Partners now owns 1,665,893 shares of the restaurant operator’s stock valued at $10,081,000 after purchasing an additional 1,608,854 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in Denny’s by 73.2% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,381,120 shares of the restaurant operator’s stock valued at $8,908,000 after buying an additional 583,660 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Denny’s by 6.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 8,634,514 shares of the restaurant operator’s stock valued at $55,693,000 after buying an additional 558,964 shares during the last quarter. Millennium Management LLC raised its position in Denny’s by 1,487.7% in the second quarter. Millennium Management LLC now owns 531,530 shares of the restaurant operator’s stock worth $3,774,000 after acquiring an additional 498,051 shares during the period. Finally, First Eagle Investment Management LLC boosted its stake in shares of Denny’s by 19.7% during the 4th quarter. First Eagle Investment Management LLC now owns 1,665,680 shares of the restaurant operator’s stock worth $10,077,000 after acquiring an additional 274,459 shares during the last quarter. 85.07% of the stock is owned by hedge funds and other institutional investors.

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.