Darden Restaurants, Inc [DRI] stock is trading at $168.69, down -0.58%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DRI shares have gain 0.12% over the last week, with a monthly amount glided 3.54%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Darden Restaurants, Inc [NYSE: DRI] stock has seen the most recent analyst activity on September 20, 2024, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $205 from $165. Previously, Bernstein downgraded its rating to Mkt Perform on September 20, 2024, and dropped its price target to $180. On July 23, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $150 on the stock. Jefferies downgraded its rating to a Underperform and decreased its price target to $124 on July 11, 2024. BTIG Research upgraded its rating to a Buy but $175 remained the price target by the analyst firm on May 17, 2024. In a note dated October 19, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $159 on this stock.
Darden Restaurants, Inc [DRI] stock has fluctuated between $135.87 and $176.84 over the past year. Currently, Wall Street analysts expect the stock to reach $178.34 within the next 12 months. Darden Restaurants, Inc [NYSE: DRI] shares were valued at $168.69 at the most recent close of the market. An investor can expect a potential return of 5.72% based on the average DRI price forecast.
Analyzing the DRI fundamentals
Darden Restaurants, Inc [NYSE:DRI] reported sales of 11.42B for the trailing twelve months, which represents a growth of 0.97%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.48 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 167.57 points at the first support level, and at 166.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.51, and for the 2nd resistance point, it is at 172.33.
Ratios To Look Out For
For context, Darden Restaurants, Inc’s Current Ratio is 0.35. In addition, the Quick Ratio stands at 0.22 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 9.29 and price to earnings (TTM) ratio is 19.48.
Transactions by insiders
Recent insider trading involved Martin Melvin John, President, SRG, that happened on Oct 04 ’24 when 3000.0 shares were sold. Director, Martin Melvin John completed a deal on Oct 04 ’24 to buy 3000.0 shares. Meanwhile, SVP, Chief Comm & PA Officer Connelly Susan M. sold 3320.0 shares on Oct 01 ’24.
