With 1.28 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.61 million shares. The 52-week range on DENN shows that it touched its highest point at $8.30 and its lowest point at $2.85 during that stretch. It currently has a 1-year price target of $6.62. Beta for the stock currently stands at 1.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DENN was up-trending over the past week, with a rise of 17.94%, but this was up by 41.46% over a month. Three-month performance dropped to -36.51% while six-month performance fell -36.69%. The stock lost -44.06% in the past year, while it has lost -26.12% so far this year. A look at the trailing 12-month EPS for DENN yields 0.33 with Next year EPS estimates of 0.50. For the next quarter, that number is 0.11. This implies an EPS growth rate of -12.43% for this year and 5.98% for next year. EPS is expected to grow by 6.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -26.40%.
Float and Shares Shorts:
At present, 51.43 million DENN shares are outstanding with a float of 49.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DENN since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.5378 being high and $0.5175 being low. For DENN, this leads to a yearly average estimate of $0.52765.
