Darden Restaurants, Inc. (DRI) plunge -0.35% in a week: will this be a lucky break through?

Witnessing the stock’s movement on the chart, on Wednesday, Darden Restaurants, Inc. (NYSE: DRI) set off with pace as it heaved 0.77% to $162.36, before settling in for the price of $161.12 at the close. Taking a more long-term approach, DRI posted a 52-week range of $135.87-$176.84.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period 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 6.39%. This publicly-traded company’s shares outstanding now amounts to $118.86 million, simultaneously with a float of $116.99 million. The organization now has a market capitalization sitting at $19.08 billion.

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

Nothing is more important than checking the behaviour of major investors towards the stock of the Restaurants industry. Darden Restaurants, Inc.’s current insider ownership accounts for 0.43%, in contrast to 98.47% institutional ownership. According to the most recent insider trade that took place on Oct 04 ’24, this organization’s President, SRG sold 3,000 shares at the rate of 163.30, making the entire transaction reach 489,895 in total value, affecting insider ownership by 12,601.

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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.79 per share during the current fiscal year.

Darden Restaurants, Inc.’s EPS increase for this current 12-month fiscal period is 6.39% and is forecasted to reach 10.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.38% 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 0.22. The Stock has managed to achieve an average true range (ATR) of 3.14. Alongside those numbers, its PE Ratio stands at $18.75, and its Beta score is 1.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.67. Similarly, its price to free cash flow for trailing twelve months is now 19.04.

In the same vein, DRI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.66, a figure that is expected to reach 2.03 in the next quarter, and analysts are predicting that it will be 10.55 at the market close of one year from today.

Technical Analysis of Darden Restaurants, Inc. (DRI)