Darden Restaurants, Inc. (DRI) went down -1.48% yesterday: Is this the Most Sought-After Stock Today?

As on Wednesday, Darden Restaurants, Inc. (NYSE: DRI) started slowly as it slid -1.48% to $159.14, before settling in for the price of $161.53 at the close. Taking a more long-term approach, DRI posted a 52-week range of $133.36-$176.84.

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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 7.05%. Meanwhile, its Annual Earning per share during the time was 8.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.77%. This publicly-traded company’s shares outstanding now amounts to $118.86 million, simultaneously with a float of $117.93 million. The organization now has a market capitalization sitting at $18.85 billion. At the time of writing, stock’s 50-day Moving Average stood at $149.29, while the 200-day Moving Average is $156.47.

Darden Restaurants, Inc. (DRI) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Restaurants industry. Darden Restaurants, Inc.’s current insider ownership accounts for 0.45%, in contrast to 97.59% institutional ownership. According to the most recent insider trade that took place on Jul 29 ’24, this organization’s President, Olive Garden sold 169 shares at the rate of 142.14, making the entire transaction reach 24,022 in total value, affecting insider ownership by 0. Preceding that transaction, on Jul 30 ’24, Company’s SVP, Chief People Officer sold 15,941 for 147.06, making the whole transaction’s value amount to 2,344,266. This particular insider is now the holder of 447 in total.

Darden Restaurants, Inc. (DRI) Earnings and Revenue Records

Darden Restaurants, Inc.’s EPS increase for this current 12-month fiscal period is 6.77% and is forecasted to reach 10.47 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.91% through the next 5 years, which can be compared against the 8.38% growth it accomplished over the previous five years trading on the market.

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

Let’s observe the current performance indicators for Darden Restaurants, Inc. (DRI). It’s Quick Ratio in the last reported quarter now stands at 0.24. The Stock has managed to achieve an average true range (ATR) of 2.92. Alongside those numbers, its PE Ratio stands at $18.69, and its Beta score is 1.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.66. Similarly, its price to free cash flow for trailing twelve months is now 18.98.

In the same vein, DRI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.51, a figure that is expected to reach 1.83 in the next quarter, and analysts are predicting that it will be 10.47 at the market close of one year from today.

Technical Analysis of Darden Restaurants, Inc. (DRI)

Through scrutinizing the latest numbers posted by the [Darden Restaurants, Inc., DRI], it can be observed that its last 5-days Average volume of 1.09 million was lower the volume of 1.21 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 72.52% While, its Average True Range was 2.86.

Raw Stochastic average of Darden Restaurants, Inc. (DRI) in the period of the previous 100 days is set at 86.70%, which indicates a major rise in contrast to 59.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 12.53% that was lower than 21.42% volatility it exhibited in the past 100-days period.