Stock To Watch: Darden Restaurants, Inc. (NYSE:DRI)


The leading market experts have placed a mean price target of $71.53 on Darden Restaurants, Inc. (NYSE:DRI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.83 a share for the upcoming quarter and $3.52 for the current fiscal. Technical View The technical analysis of Darden Restaurants, Inc. Common plainly substantiates that the 50-day moving average of Darden Restaurants, Inc. Common is $66.42, and stock is hovering -3.05 or -4.60% distant from $66.42. It is noted that the 200-day MA is $64.19, and Darden Restaurants, Inc. Common stock is $-0.82 or -1.28% off from this point. Darden Restaurants, Inc. (NYSE:DRI) 52-week high is $75.60 and the 52-week low is $53.38. This explains if the stock moves $-12.23, it will post a 52-week high. In event of $+18.71% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Darden Restaurants, Inc. Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Darden Restaurants, Inc. (NYSE:DRI) ratio came in at 24.10. The stock last ended the trading session at $63.37 and registered a market cap of $8.03B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Darden Restaurants, Inc. (NYSE:DRI) PEG ratio is at 1.13.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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