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Darden Restaurants (DRI)
NYSE:DRI
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DRI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$133.36 - $176.84
Previous Close$160.14
Volume473.58K
Average Volume (3M)1.31M
Market Cap
$19.10B
Enterprise Value$23.94B
Total Cash (Recent Filing)$194.80M
Total Debt (Recent Filing)$5.16B
Price to Earnings (P/E)18.8
Beta0.53
Next Earnings
Sep 19, 2024EPS Estimate
$1.83Last Dividend Ex-Date
Jul 10, 2024Dividend Yield3.33%
Share Statistics
EPS (TTM)8.51
Shares Outstanding118,862,950
10 Day Avg. Volume1,046,562
30 Day Avg. Volume1,307,535
Standard Deviation0.10
R-Squared0.44
Alpha-0.00369
Financial Highlights & Ratios
Price to Book (P/B)8.49
Price to Sales (P/S)1.67
Price to Cash Flow (P/CF)11.20
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.10
Enterprise Value/Gross Profit9.93
Enterprise Value/Ebitda17.89
Forecast
1Y Price Target
$168.63Price Target Upside4.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Darden Restaurants News
PremiumStock Analysis & Ideas
Darden Restaurants (DRI) Stock: Here’s What to Expect from Q1 Earnings
Bulls Say, Bears Say
Bulls Say
Market Share GrowthExpectations are high for Darden Restaurants Inc. to continue gaining market share in an uncertain consumer environment.
Strategic AcquisitionDarden’s announced acquisition of Chuy’s offers exposure to the full-service Mexican segment through the company’s 101 owned and operated restaurants.
Valuation JustificationDarden's 15-20% valuation premium on 2025E EV/EBITDA is justified by Olive Garden's track record of same store sales outperformance vs the casual dining industry.
Bears Say
Capital AllocationChuy's presents risk of distraction while siphoning off cash that could be returned to shareholders.
Sales/Traffic DeclineNegative callouts included a sales/traffic decline attributed to economic conditions/inflation and choppy week-to-week sales trends.
Same Store SalesWithout tangible sales drivers, there is an expectation of soft same store sales, with low visibility and conviction in achieving 1%-2% same store sales guidance.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Darden Restaurants
Desktop Users
Mobile Users
DRI FAQ
What was Darden Restaurants’s price range in the past 12 months?
Darden Restaurants lowest stock price was $133.36 and its highest was $176.84 in the past 12 months.
What is Darden Restaurants’s market cap?
Currently, no data Available
When is Darden Restaurants’s upcoming earnings report date?
Darden Restaurants’s upcoming earnings report date is Sep 19, 2024 which is today.
How were Darden Restaurants’s earnings last quarter?
Darden Restaurants released its earnings results on Jun 20, 2024. The company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.611 by $0.039.
Is Darden Restaurants overvalued?
According to Wall Street analysts Darden Restaurants’s price is currently Undervalued.
Does Darden Restaurants pay dividends?
Darden Restaurants pays a Quarterly dividend of $1.4 which represents an annual dividend yield of 3.33%. See more information on Darden Restaurants dividends here
What is Darden Restaurants’s EPS estimate?
Darden Restaurants’s EPS estimate is $1.83.
How many shares outstanding does Darden Restaurants have?
Darden Restaurants has 118,463,844 shares outstanding.
What happened to Darden Restaurants’s price movement after its last earnings report?
Darden Restaurants reported an EPS of $2.65 in its last earnings report, beating expectations of $2.611. Following the earnings report the stock price went up 1.535%.
Which hedge fund is a major shareholder of Darden Restaurants?
Among the largest hedge funds holding Darden Restaurants’s share is Bridgewater Associates, LP. It holds Darden Restaurants’s shares valued at 17M.
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Darden Restaurants Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$168.63 (4.60% Upside)
$168.63 (4.60% Upside)
Blogger Sentiment
Bullish
DRI Sentiment 66%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 29.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.59%
12-Months-Change
Fundamentals
Return on Equity
46.38%
Trailing 12-Months
Asset Growth
9.96%
Trailing 12-Months
Company Description
Darden Restaurants
Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment comprises of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants; and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.
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DRI Company Deck
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DRI Earnings Call
Q4 2024
0:00 / 0:00
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DRI Sales Breakdown
44.49% Olive Garden
24.64% LongHorn Steakhouse
11.34% Fine Dining
19.54% Other
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DRI Stock 12 Month Forecast
Average Price Target
$168.63
▲(4.60% Upside)
Technical Analysis
Best Analysts Covering DRI
1 Year
1 Year Success Rate
22/25 ratings generated profit
1 Year Average Return
+18.30%
reiterated a buy rating 3 days ago
Copying Chris O`Cull's trades and holding each position for 1 Year would result in 88.00% of your transactions generating a profit, with an average return of +18.30% per trade.
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