With 1.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.05 million shares. The 52-week range on DENN shows that it touched its highest point at $9.52 and its lowest point at $4.82 during that stretch. It currently has a 1-year price target of $7.50. Beta for the stock currently stands at 2.06.
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 down-trending over the past week, with a drop of -0.93%, but this was down by -14.61% over a month. Three-month performance dropped to -18.15% while six-month performance fell -13.64%. The stock lost -41.79% in the past year, while it has lost -12.07% so far this year. A look at the trailing 12-month EPS for DENN yields 0.41 with Next year EPS estimates of 0.54. For the next quarter, that number is 0.09. This implies an EPS growth rate of -8.06% for this year and 8.46% for next year.
Float and Shares Shorts:
At present, 51.33 million DENN shares are outstanding with a float of 49.58 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. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.12.
