Retail/Wholesale sector’s Darden Restaurants’s (NYSE:DRI) Buy rating Reiterated by Robert W. Baird

Darden Restaurants (NYSE:DRI)‘s stock had its Buy rating Reiterated by analysts at Robert W. Baird in a research report issued to clients and investors. A price-to-earnings ratio of 24.41, market cap of 19.8B and a beta of 1.5.  Darden Restaurants has a twelve month low $89.34 of  and a twelve month high of $164.28.

Shares of Darden Restaurants traded down -$0.81 on Tuesday, reaching $152.19. 2,123,091 shares of the stock traded hands, compared to its average volume of 1261228. Shares of Darden Restaurants at close on Tuesday were at $152.19. The firm’s 50 day moving average is $148.62 and its 200 day moving average is 140.07.Darden Restaurants  has a 12 month low of $151.50 and a 12 month high of $164.28. While on yearly highs and lows, Darden Restaurants’s today has traded high as $154.50 and has touched $151.50 on the downward trend. See More Analyst Rating at: RATING

Darden Restaurants (NYSE:DRI) Moving Average Technical Analysis

5 day Moving Average is 154.58 And 5 day price change is -4.58 (-2.92%)  with average volume for 5 day average is 959,820. While technical analysis for average 20 days shows significant difference, 20 day moving average is  153.72 and 20 day price change is 3.57 (2.40%) and average 20 day moving volume is 1,310,500. 50 day moving average is 148.62  and 50 day price change is 4.48 ( 3.03%)  and with average volume for 50 days is : 1,399,410. 200 day moving average is 140.07  and 200 day price change is 34.3 (0.2909)  and with average volume for 200 days is : 1,509,533.

See More Analyst Rating at: RATING

Darden Restaurants Earnings and What to expect: 

Darden Restaurants last posted its quarterly earnings data on September 22nd, 2021. The restaurant operator reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.11. The business earned $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Its revenue for the quarter was up 51.0% compared to the same quarter last year. Darden Restaurants has generated $4.31 earnings per share over the last year ($4.77 diluted earnings per share) and currently has a price-to-earnings ratio of 31.9. Earnings for Darden Restaurants are expected to grow by 11.47% in the coming year, from $7.41 to $8.26 per share. Darden Restaurants has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, December 17th, 2021 based off prior year’s report dates.

Earnings for Darden Restaurants are expected to grow by 11.47% in the coming year, from $7.41 to $8.26 per share. The P/E ratio of Darden Restaurants is 31.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.79. The P/E ratio of Darden Restaurants is 31.91, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.00. Darden Restaurants has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued. Darden Restaurants has a P/B Ratio of 7.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Other owners latest trading in Darden Restaurants :

  • On 10/12/2021 shares held by Wesbanco Bank Inc. were 2,454 which equates to market value of $0.37M and appx 0.00% owners of Darden Restaurants
  • On 10/12/2021 shares held by Fruth Investment Management were 17,360 which equates to market value of $2.63M and appx 0.80% owners of Darden Restaurants
  • On 10/12/2021 shares held by Old Port Advisors were 4,399 which equates to market value of $0.69M and appx 0.30% owners of Darden Restaurants
  • In total Institutional ownership equates to Institutional Ownership Percentage: 87.38% for Darden Restaurants

See More Analyst Rating at: RATING