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


The leading market experts have placed a mean price target of $69.19 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 $0.64 a share for the upcoming quarter and $3.87 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 $62.62, and stock is trading $0.10 points away or +0.15% from its 50-day moving average of $62.62. Further it is trading $-1.41 or -2.21% away its 200-day moving average of $64.13. Darden Restaurants, Inc. (NYSE:DRI) 52-week high is $73.13 and the 52-week low is $53.38.

This explains if the stock moves $-10.41, it will post a 52-week high. In event of +17.50% 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 21.64.

The stock last ended the trading session at $62.72 and registered a market cap of $7.92B. 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 1.06.

1 Chart Pattern Every Investor Should Know

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