Darden Restaurants (NYSE:DRI) Upgraded by BidaskClub to Hold

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Darden Restaurants stock has undergone multiple analysts rating changes in the recent past.  Darden Restaurants Upgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of Darden Restaurants traded no change $0.00 on Monday, reaching $76.63. 2298 shares of the stock traded hands, compared to its average volume of 3574597. Shares of Darden Restaurants ended Monday on at $76.63. The firm’s 50 day moving average is $74.32 and its 200 day moving average is $95.72.Darden Restaurants  has a 12 month low of #N/A and a 12 month high of $128.41. While on yearly highs and lows, Darden Restaurants’s today has traded high as #N/A and has touched #N/A on the downward trend. See More Analyst Rating at: RATING

Darden Restaurants Earnings and What to expect: 

Darden Restaurants last announced its earnings results on June 25th, 2020. The restaurant operator reported ($1.24) EPS for the quarter, beating the consensus estimate of ($1.64) by $0.40. The company earned $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Its revenue was down 43.5% compared to the same quarter last year. Darden Restaurants has generated $3.13 earnings per share over the last year. Darden Restaurants has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, September 17th, 2020 based off prior year’s report dates.

Earnings for Darden Restaurants are expected to grow by 114.23% in the coming year, from $2.46 to $5.27 per share. The P/E ratio of Darden Restaurants is -191.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Darden Restaurants is -191.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Darden Restaurants has a PEG Ratio of 2.96. PEG Ratios above 1 indicate that a company could be overvalued. Darden Restaurants has a P/B Ratio of 3.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.47%
  • On 4/23/2020 COO David C George Buy 4,273 at average share price of $58.50 which equates to $249,970.50 in money value.
  • On 4/23/2020 CEO Eugene I Lee Jr Buy 25,641 at average price of  $58.50 with total value of : Not Data Available
  • On 4/23/2020 Director M Shan Atkins Buy 1,282 at average price of  $58.50 with total value of : $74,997.00

Analyst at BidaskClub are also talking about :

  • 6/30/2020 – Winmark was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Vaxart was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Darden Restaurants (NYSE:DRI) Moving Average Technical Analysis

5 day Moving Average is $74.07 And 5 day price change is $5.28 (7.40%)  with average volume for 5 day average is 4,952,360. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $77.07 and 20 day price change is -$1.68 (-2.15%) and average 20 day moving volume is 3,797,345. 50 day moving average is $74.32  and 50 day price change is $13.28 ( 20.96%)  and with average volume for 50 days is : 3,558,866. 200 day moving average is $95.72  and 200 day price change is -$49.43 (-39.21%)  and with average volume for 200 days is : 2,559,644.

See More Analyst Rating at: RATING