Back to top

Image: Bigstock

Denny's (DENN) Shows Strength: Stock Adds 9% in Session

Read MoreHide Full Article

Denny's Corporation (DENN - Free Report) was a big mover last session, as its shares rose a little over 9% on the day. The move came after the restaurant operator posted third-quarter 2016 revenue of $128.4 million, which beat Street forecasts. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.09 to $10.66 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Denny's currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the retail-restaurants space is Domino's Pizza, Inc. (DPZ - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is DENN going up? Or down? Predict to see what others think: Up or Down

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Domino's Pizza Inc (DPZ) - free report >>

Denny's Corporation (DENN) - free report >>

Published in