Darden Restaurants Inc. (NYSE:DRI) previous close was $144.61 while the outstanding shares total 130.50M. The firm has a beta of 1.52. DRI’s shares traded lower over the last trading session, losing -0.59% on 05/04/21. The shares fell to a low of $142.07 before closing at $143.75. Intraday shares traded counted 1.42 million, which was 6.51% higher than its 30-day average trading volume of 1.52M. The stock’s Relative Strength Index (RSI) is 50.83, with weekly volatility at 2.04% and ATR at 3.51. The DRI stock’s 52-week price range has touched low of $61.21 and a $149.73 high.
Investors have identified the Restaurants company Darden Restaurants Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.75 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Darden Restaurants Inc. (DRI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.3 billion total, with 1.65 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 7.03 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DRI sounds very interesting.
Is the stock of DRI attractive?
In related news, Director, MENSAH NANA sold 170 shares of the company’s stock in a transaction that recorded on Apr 09. The sale was performed at an average price of 144.99, for a total value of 24,649. As the sale deal closes, the SVP, Chief HR Officer, King Sarah H. now sold 4,002 shares of the company’s stock, valued at 585,300. Also, President and COO, Cardenas Ricardo sold 1,200 shares of the company’s stock in a deal that was recorded on Apr 06. The shares were price at an average price of 147.04 per share, with a total market value of 176,451. Following this completion of acquisition, the SVP, Chief Comm & PA Officer, Connelly Susan M. now holds 7,783 shares of the company’s stock, valued at 1,127,179. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
16 out of 29 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on Darden Restaurants Inc.. 0 analysts has assigned a Sell rating on the DRI stock. The 12-month mean consensus price target for the company’s shares has been set at $156.50.