Darden Restaurants, Inc (NYSE: DRI) kicked off on Friday, up 1.03% from the previous trading day, before settling in for the closing price of $164.99. Over the past 52 weeks, DRI has traded in a range of $135.87-$177.67.
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Annual sales at Consumer Cyclical sector company grew by 7.05% over the past five years. While this was happening, its average annual earnings per share was recorded 6.15%. With a float of $117.00 million, this company’s outstanding shares have now reached $118.00 million.
Let’s look at the performance matrix of the company that is accounted for 191105 employees. In terms of profitability, gross margin is 19.09%, operating margin of 11.78%, and the pretax margin is 10.37%.
Darden Restaurants, Inc (DRI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Darden Restaurants, Inc is 0.43%, while institutional ownership is 96.36%. The most recent insider transaction that took place on Oct 04 ’24, was worth 489,895. In this transaction President, SRG of this company sold 3,000 shares at a rate of $163.30, taking the stock ownership to the 12,601 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Director proposed sale 3,000 for $163.04, making the entire transaction worth $489,126.
Darden Restaurants, Inc (DRI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.38% during the next five years compared to 8.38% growth over the previous five years of trading.
Darden Restaurants, Inc (NYSE: DRI) Trading Performance Indicators
Take a look at Darden Restaurants, Inc’s (DRI) current performance indicators. Last quarter, stock had a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 19.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.66, a number that is poised to hit 2.02 in the next quarter and is forecasted to reach 10.56 in one year’s time.
Technical Analysis of Darden Restaurants, Inc (DRI)
Darden Restaurants, Inc (NYSE: DRI) saw its 5-day average volume 1.29 million, a positive change from its year-to-date volume of 1.22 million. As of the previous 9 days, the stock’s Stochastic %D was 18.01%. Additionally, its Average True Range was 3.65.
During the past 100 days, Darden Restaurants, Inc’s (DRI) raw stochastic average was set at 71.52%, which indicates a significant increase from 17.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.24% in the past 14 days, which was lower than the 26.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $165.18, while its 200-day Moving Average is $157.18. Nevertheless, the first resistance level for the watch stands at $167.66 in the near term. At $168.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $170.26. If the price goes on to break the first support level at $165.06, it is likely to go to the next support level at $163.42. The third support level lies at $162.46 if the price breaches the second support level.
Darden Restaurants, Inc (NYSE: DRI) Key Stats
The company with the Market Capitalisation of 19.79 billion has total of 117,500K Shares Outstanding. Its annual sales at the moment are 11,390 M in contrast with the sum of 1,028 M annual income. Company’s last quarter sales were recorded 2,757 M and last quarter income was 207,200 K.
