Is Darden Restaurants Inc. (DRI) a Keeper?

Darden Restaurants Inc. (NYSE:DRI) went down by -0.64% from its latest closing price compared to the recent 1-year high of $124.01. The company’s stock price has collected 7.25% of gains in the last five trading sessions. MarketWatch.com reported on 09/26/20 that Olive Garden parent takes a COVID-related hit in key markets but here’s why analysts are upbeat

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Is It Worth Investing in Darden Restaurants Inc. (NYSE :DRI) Right Now?

Plus, the 36-month beta value for DRI is at 1.39. Opinions of the stock are interesting as 17 analysts out of 31 who provided ratings for Darden Restaurants Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 12 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $106.72, which is $2.17 above the current price. DRI currently public float of 129.31M and currently shorts hold a 4.34% ratio of that float. Today, the average trading volume of DRI was 2.25M shares.

DRI’s Market Performance

DRI stocks went up by 7.25% for the week, with a monthly jump of 15.39% and a quarterly performance of 38.97%, while its annual performance rate touched -9.74%. The volatility ratio for the week stands at 3.78% while the volatility levels for the past 30 days are set at 3.94% for Darden Restaurants Inc.. The simple moving average for the period of the last 20 days is 11.96% for DRI stocks with a simple moving average of 22.41% for the last 200 days.

Analysts’ Opinion of DRI

Many brokerage firms have already submitted their reports for DRI stocks, with Argus repeating the rating for DRI by listing it as a “Buy.” The predicted price for DRI in the upcoming period, according to Argus is $115 based on the research report published on September 29th of the current year 2020.

Wedbush, on the other hand, stated in their research note that they expect to see DRI reach a price target of $95, previously predicting the price at $88. The rating they have provided for DRI stocks is “Neutral” according to the report published on September 21st, 2020.

Raymond James gave a rating of “Outperform” to DRI, setting the target price at $100 in the report published on September 01st of the current year.

DRI Trading at 21.14% from the 50-Day Moving Average

After a stumble in the market that brought DRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.97% of loss for the given period.

Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 3.78%, as shares surge +16.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.81% upper at present.

During the last 5 trading sessions, DRI rose by +7.25%, which changed the moving average for the period of 200-days by -10.17% in comparison to the 20-day moving average, which settled at $93.84. In addition, Darden Restaurants Inc. saw -4.40% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DRI starting from King Sarah H., who purchase 1,025 shares at the price of $58.50 back on Apr 23. After this action, King Sarah H. now owns 5,027 shares of Darden Restaurants Inc., valued at $59,963 using the latest closing price.

Broad Matthew R, the SVP General Counsel of Darden Restaurants Inc., purchase 427 shares at $58.50 during a trade that took place back on Apr 23, which means that Broad Matthew R is holding 8,611 shares at $24,980 based on the most recent closing price.

Stock Fundamentals for DRI

Current profitability levels for the company are sitting at:

  • +5.78 for the present operating margin
  • +13.51 for the gross margin

The net margin for Darden Restaurants Inc. stands at -0.63. The total capital return value is set at 7.63, while invested capital returns managed to touch -0.86.

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Based on Darden Restaurants Inc. (DRI), the company’s capital structure generated 257.80 points at debt to equity in total, while total debt to capital is 72.05. Total debt to assets is 52.48, with long-term debt to equity ratio resting at 239.08. Finally, the long-term debt to capital ratio is 66.82.

Currently, EBITDA for the company is 144.20M with total debt to EBITDA at 1.94. When we switch over and look at the enterprise to sales, we see a ratio of 1.88, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 113.06 and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.

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