Darden Restaurants Inc. (NYSE:DRI) went down by -1.72% from its latest closing price compared to the recent 1-year high of $164.28. The company’s stock price has collected -4.94% of loss in the last five trading sessions. Press Release reported on 10/12/21 that Apollo Names William M. Lewis, Jr. Senior Partner
Is It Worth Investing in Darden Restaurants Inc. (NYSE :DRI) Right Now?
Darden Restaurants Inc. (NYSE:DRI) scored a price-to-earnings ratio above its average ratio, recording 23.91 x from its present earnings ratio. Plus, the 36-month beta value for DRI is at 1.52. Opinions of the stock are interesting as 17 analysts out of 30 who provided ratings for Darden Restaurants Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $170.52, which is $12.14 above the current price. DRI currently public float of 129.29M and currently shorts hold a 3.48% ratio of that float. Today, the average trading volume of DRI was 1.45M shares.
DRI’s Market Performance
DRI stocks went down by -4.94% for the week, with a monthly jump of 0.64% and a quarterly performance of 3.29%, while its annual performance rate touched 51.45%. The volatility ratio for the week stands at 2.00% while the volatility levels for the past 30 days are set at 2.40% for Darden Restaurants Inc.. The simple moving average for the period of the last 20 days is -2.70% for DRI stocks with a simple moving average of 6.78% for the last 200 days.
Analysts’ Opinion of DRI
MKM Partners, on the other hand, stated in their research note that they expect to see DRI reach a price target of $168, previously predicting the price at $155. The rating they have provided for DRI stocks is “Buy” according to the report published on June 25th, 2021.
Cowen gave a rating of “Outperform” to DRI, setting the target price at $164 in the report published on May 06th of the current year.
DRI Trading at 0.64% 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 -8.95% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +0.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.87% upper at present.
During the last 5 trading sessions, DRI fell by -4.94%, which changed the moving average for the period of 200-days by +27.03% in comparison to the 20-day moving average, which settled at $153.75. In addition, Darden Restaurants Inc. saw 25.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DRI starting from Madonna John W., who sale 2,674 shares at the price of $155.45 back on Oct 04. After this action, Madonna John W. now owns 4,561 shares of Darden Restaurants Inc., valued at $415,667 using the latest closing price.
Martin Melvin John, the President, SRG of Darden Restaurants Inc., sale 6,160 shares at $159.36 during a trade that took place back on Sep 28, which means that Martin Melvin John is holding 11,448 shares at $981,662 based on the most recent closing price.
Stock Fundamentals for DRI
Current profitability levels for the company are sitting at:
- +8.64 for the present operating margin
- +15.89 for the gross margin
The net margin for Darden Restaurants Inc. stands at +8.79. The total capital return value is set at 7.35, while invested capital returns managed to touch 7.76. Equity return is now at value 31.10, with 8.00 for asset returns.
Based on Darden Restaurants Inc. (DRI), the company’s capital structure generated 204.67 points at debt to equity in total, while total debt to capital is 67.18. Total debt to assets is 47.11, with long-term debt to equity ratio resting at 198.13. Finally, the long-term debt to capital ratio is 65.03.
When we switch over and look at the enterprise to sales, we see a ratio of 3.25, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 121.97 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.