Investors must take note of Darden Restaurants, Inc.’s (DRI) performance last week, which was -1.60%.

Darden Restaurants, Inc. (NYSE: DRI) on Tuesday, plunged -1.34% from the previous trading day, before settling in for the closing price of $155.49. Within the past 52 weeks, DRI’s price has moved between $133.36 and $176.84.

A company in the Consumer Cyclical sector has jumped its sales by 6.39% annually for the last half of the decade. The company achieved an average annual earnings per share of 10.59%. With a float of $118.90 million, this company’s outstanding shares have now reached $121.07 million.

In an organization with 187384 employees, it is important to assess its efficiency.

Darden Restaurants, Inc. (DRI) Insider and Institutional Ownership

Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Darden Restaurants, Inc. is 0.38%, while institutional ownership is 94.65%. The most recent insider transaction that took place on Apr 25 ’24, was worth 735,011. In this transaction SVP General Counsel of this company sold 4,707 shares at a rate of $156.15, taking the stock ownership to the 19,179 shares. Before that another transaction happened on Apr 08 ’24, when Company’s Director sold 1,219 for $158.21, making the entire transaction worth $192,858. This insider now owns 6,281 shares in total.

Darden Restaurants, Inc. (DRI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 10.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.06% during the next five years compared to 11.05% growth over the previous five years of trading.

Darden Restaurants, Inc. (NYSE: DRI) Trading Performance Indicators

Darden Restaurants, Inc. (DRI) is currently performing well based on its current performance indicators. A quick ratio of 0.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 18.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.53, a number that is poised to hit 2.62 in the next quarter and is forecasted to reach 9.59 in one year’s time.

Technical Analysis of Darden Restaurants, Inc. (DRI)

Let’s dig in a bit further. During the last 5-days, its volume was 1.14 million. That was inferior than the volume of 1.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.96%. Additionally, its Average True Range was 2.59.

During the past 100 days, Darden Restaurants, Inc.’s (DRI) raw stochastic average was set at 7.39%, which indicates a significant decrease from 28.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.82% in the past 14 days, which was lower than the 19.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $164.14, while its 200-day Moving Average is $158.01. However, in the short run, Darden Restaurants, Inc.’s stock first resistance to watch stands at $154.72. Second resistance stands at $156.02. The third major resistance level sits at $156.75. If the price goes on to break the first support level at $152.69, it is likely to go to the next support level at $151.96. The third support level lies at $150.66 if the price breaches the second support level.

Darden Restaurants, Inc. (NYSE: DRI) Key Stats

Market capitalization of the company is 18.31 billion based on 119,359K outstanding shares. Right now, sales total 10,488 M and income totals 981,900 K. The company made 2,975 M in profit during its latest quarter, and 312,900 K in sales during its previous quarter.