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 most optimistic analyst gave a price target of 105, which equates to a potential upside of 21.5 percent. The lowest price target was 85, implying potential capital losses of -1.64 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.69 percent. That number becomes 5.37 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.36 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.41 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 8 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

DRI has an estimated earnings growth rate of 16.31 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 below the high by 9.24 percent. DRI has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.