Denny’s (DENN) – ($5.35) has recently been upgraded to a Buy rating according to ValuEngine with fair value at $3.61, which makes the stock 48.0% overvalued. The stock has a one-year price target at $5.78. ValuEngine Profile – “Denny’s Corp., formerly Advantica Restaurant Group, Inc., is one of the largest restaurant companies, operating moderately-priced restaurants: Denny’s, Hardee’s, Quincy’s, El Pollo Loco, Coco’s and Carrows. The company believes its restaurants benefit from the diversity of the restaurant concepts, the generally strong market positions and consumer recognition enjoyed by these chains, the benefits of a centralized support system for purchasing, menu development, human resources, management information systems, site selection, restaurant design and construction.”
Analysis – The daily chart for Denny’s shows oversold momentum with the stock below its 21-day and 50-day simple moving averages at $5.94 and $5.83 and testing its 200-day simple moving average at $5.30. My semiannual value level is $5.20 with a monthly risky level at $5.93.
Courtesy of Thomson / Reuters
|
Ticker |
Company Name |
Mkt Price |
Fair Value |
One-Year Price Target |
Last 12-Mon Retn (%) |
5-Yr Avg Retn (%) |
P/E Ratio |
|
DENN |
DENNY’S |
5.35 |
3.61 |
5.78 |
27.08 |
7.91 |
15.89 |
