Wedbush Has Negative Estimate for Denny’s Q1 Earnings

Denny’s Co. (NASDAQ:DENN) – Investment analysts at Wedbush lowered their Q1 2025 EPS estimates for Denny’s in a research note issued on Thursday, February 13th. Wedbush analyst N. Setyan now expects that the restaurant operator will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.10. Wedbush currently has a “Outperform” rating and a $8.50 target price 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’ 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) last announced its earnings results on Wednesday, February 12th. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Denny’s had a net margin of 3.90% and a negative return on equity of 48.64%.

Several other brokerages have also issued reports on DENN. Truist Financial cut their target price on shares of Denny’s from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Oppenheimer cut their target price on shares of Denny’s from $8.00 to $7.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Piper Sandler dropped their price target on shares of Denny’s from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Tuesday. Benchmark dropped their price target on shares of Denny’s from $15.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, StockNews.com lowered shares of Denny’s from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Denny’s has a consensus rating of “Moderate Buy” and a consensus price target of $7.75.

Denny’s Trading Up 8.3 %

Shares of NASDAQ DENN opened at $5.26 on Monday. The firm has a 50 day moving average of $6.06 and a 200 day moving average of $6.25. The firm has a market capitalization of $270.10 million, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 1.27 and a beta of 2.02. Denny’s has a 12-month low of $4.82 and a 12-month high of $9.52.

Hedge Funds Weigh In On Denny’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP boosted its position in shares of Denny’s by 178.4% during the fourth quarter. Quarry LP now owns 9,618 shares of the restaurant operator’s stock worth $58,000 after acquiring an additional 6,163 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Denny’s during the fourth quarter worth $61,000. RPO LLC bought a new position in shares of Denny’s during the fourth quarter worth $63,000. Sanctuary Advisors LLC bought a new position in shares of Denny’s during the second quarter worth $77,000. Finally, FMR LLC boosted its position in shares of Denny’s by 95.2% during the third quarter. FMR LLC now owns 12,239 shares of the restaurant operator’s stock worth $79,000 after acquiring an additional 5,970 shares during the last quarter. Institutional investors own 85.07% of the company’s stock.

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.