Analyst Ratings for Darden Restaurants Inc. (DRI)Updated: 2017-07-26
Darden Restaurants Inc. (NYSE:DRI) was awarded an average rating of Overweight from investment analysts following the stock. Last month, DRI received an average rating of Overweight.
Of the 26 analysts covering the stock, 7 gave it a buy rating, 1 issued an overweight rating, 17 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for DRI. The highest price target was 105, implying potential capital gains of 21.5 percent. The minimum price target given was 85, implying potential capital losses of -1.64 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.69 percent. The average change in earnings estimates over the last 90 days is 5.37 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.36 percent. If we look at the last 90 days instead, we find a net average change of 2.41 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 8 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 8 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of DRI's earnings is estimated by analysts to be 16.31 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. DRI has a PEG ratio of 1.39.
In the trailing 52-weeks, DRI hit 95.22 at the highest peak, while it's lowest trading point was 59.50. The current market price is above the trailing year's low by 45.24 percent, and 9.24 percent below the high. DRI has a price/earnings ratio of 22.68. Investors typically compare the P/E ratio to a company's peers in the industry. The DRI value stock report compares DRI to some of its peers using value stock charts. The stock has a market capitalization of $10.89 billion. DRI's next earnings release will be on 0000-00-00, which is days away.