Denny'sDENN
Market Cap: $356M
About: Denny's Corp is one of America's franchised full-service restaurant chains based on the number of restaurants. The company owns and operates the Denny's brand and the Keke's Breakfast Cafe brand. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelets, and others. The company generates its revenue from two sources: the sale of food and beverages and the collection of royalties, advertising revenue, initial and other fees, including occupancy revenue, from restaurants operated by their franchisees.
Employees: 3,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
2% less funds holding
Funds holding: 153 [Q1] → 150 (-3) [Q2]
3.93% less ownership
Funds ownership: 86.42% [Q1] → 82.49% (-3.93%) [Q2]
25% less capital invested
Capital invested by funds: $405M [Q1] → $305M (-$100M) [Q2]
72% less call options, than puts
Call options by funds: $13K | Put options by funds: $47K
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Benchmark Todd Brooks 36% 1-year accuracy 16 / 45 met price target | 119%upside $15 | Buy Reiterated | 31 Jul 2024 |
Oppenheimer Michael Tames 0% 1-year accuracy 0 / 4 met price target | 46%upside $10 | Outperform Maintained | 31 Jul 2024 |
Wedbush Nick Setyan 67% 1-year accuracy 60 / 89 met price target | 17%upside $8 | Neutral Maintained | 31 Jul 2024 |
Wedbush Nick Setyan 67% 1-year accuracy 60 / 89 met price target | 24%upside $8.50 | Neutral Reiterated | 19 Jul 2024 |
Truist Securities Jake Bartlett 47% 1-year accuracy 26 / 55 met price target | 46%upside $10 | Buy Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 6 articles about DENN published over the past 30 days