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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$135.87 - $177.67
Previous Close$167.57
Volume1.07M
Average Volume (3M)1.23M
Market Cap
$19.35B
Enterprise Value$24.81B
Total Cash (Recent Filing)$192.50M
Total Debt (Recent Filing)$5.32B
Price to Earnings (P/E)19.3
Beta0.67
Next Earnings
Dec 19, 2024EPS Estimate
$2.02Last Dividend Ex-Date
Oct 10, 2024Dividend Yield3.25%
Share Statistics
EPS (TTM)8.66
Shares Outstanding117,500,476
10 Day Avg. Volume1,180,817
30 Day Avg. Volume1,230,067
Standard Deviation0.10
R-Squared0.45
Alpha-0.00151
Financial Highlights & Ratios
Price to Book (P/B)9.19
Price to Sales (P/S)1.72
Price to Cash Flow (P/CF)17.90
P/FCF Ratio40.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.17
Enterprise Value/Gross Profit10.30
Enterprise Value/Ebitda14.05
Forecast
1Y Price Target
$182.58Price Target Upside10.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering24
Darden Restaurants News
Bulls Say, Bears Say
Bulls Say
Market ConfidenceGreater visibility to sales drivers makes analysts more comfortable with a higher target price.
Sales StrategyThe launch of more limited time offers, new product (re)introduction will offer near-term tailwinds.
Strategic PartnershipsDarden announced an exclusive two-year partnership with Uber Direct.
Bears Say
EarningsThere is a risk to consensus EPS and FY25 guidance as comparisons across the portfolio remain pressured, including Olive Garden trends that likely reverted to declines.
Financial PerformanceOlive Garden's -2.9% same-store sales, the largest setback in over 10 years (excluding peak Covid disruptions), and the first time in a long time in which Olive Garden lost share, albeit marginally.
Market ValuationDRI’s valuation should remain limited relative to historical levels due to pressured relative performance and limited near-term sales drivers.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $135.87 and its highest was $177.67 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 Dec 19, 2024 which is today.
How were Darden Restaurants’s earnings last quarter?
Darden Restaurants released its earnings results on Sep 19, 2024. The company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.83 by -$0.08.
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 $1.399 which represents an annual dividend yield of 3.25%. See more information on Darden Restaurants dividends here
What is Darden Restaurants’s EPS estimate?
Darden Restaurants’s EPS estimate is $2.02.
How many shares outstanding does Darden Restaurants have?
Darden Restaurants has 117,500,470 shares outstanding.
What happened to Darden Restaurants’s price movement after its last earnings report?
Darden Restaurants reported an EPS of $1.75 in its last earnings report, missing expectations of $1.83. Following the earnings report the stock price went up 8.255%.
Which hedge fund is a major shareholder of Darden Restaurants?
Among the largest hedge funds holding Darden Restaurants’s share is Gotham Asset Management LLC. It holds Darden Restaurants’s shares valued at 7M.
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Darden Restaurants Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$182.58 (10.86% Upside)
$182.58 (10.86% Upside)
Blogger Sentiment
Bullish
DRI Sentiment 72%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 96.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.82%
12-Months-Change
Fundamentals
Return on Equity
48.62%
Trailing 12-Months
Asset Growth
0.77%
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
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call revealed a mixed performance for Darden, with strong strategic initiatives like the Uber partnership and innovative menu additions being overshadowed by sales softness in July and challenges in key segments such as Olive Garden and Fine Dining. While operational excellence in LongHorn Steakhouse and robust employee engagement are positives, the company faces pressures from labor costs and an unexpected decline in Olive Garden sales.Read More>---
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
$182.58
▲(10.86% Upside)
Technical Analysis
Best Analysts Covering DRI
1 Year
1 Year Success Rate
25/27 ratings generated profit
1 Year Average Return
+18.14%
assigned a buy rating 2 months ago
Copying Chris O`Cull's trades and holding each position for 1 Year would result in 92.59% of your transactions generating a profit, with an average return of +18.14% per trade.
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