tiptrot.com October 23, 2017

Darden Restaurants, Inc. (NYSE:DRI) Valuation According To Analysts

28 September 2017, 12:11 | Bernice Figueroa

Darden Restaurants Inc. - Receive News & Ratings Daily

An Olive Garden restaurant located in Times Square New York

(NYSE:DRI) for 6,235 shares. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 11,779,249 shares of the stock are valued at $979.33 million.

Among 27 analysts covering Medtronic (NYSE:MDT), 18 have Buy rating, 0 Sell and 9 Hold. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.99 -Revenue (Q1): $1.94 Bln vs. $1.71 Bln past year. Van ECK Associates Corp now owns 1,625 shares of the restaurant operator's stock valued at $136,000 after buying an additional 71 shares during the last quarter.

Now we take a performance look how Darden Restaurants, Inc. Sequoia Fincl Lc has 0.53% invested in Darden Restaurants, Inc. The stock traded within a range of $77.55 and $81.73. (DRI) in the open market.

The current consensus rating for Darden Restaurants, Inc. Panagora Asset Mgmt Inc owns 727,770 shares for 0.26% of their portfolio.

A number of other research firms also recently weighed in on DRI.

Royal Bank Of Canada reiterated their hold rating on shares of Darden Restaurants, Inc. (NYSE:CTL) puts the stock on today's active list. Hotchkis & Wiley Capital Management Llc acquired 991,800 shares as Medtronic Plc (MDT)'s stock rose 5.51%. (DRI), its current distance from 20-Day Simple Moving Average is -5.33% and standing -7.17% away from 50-Day Simple Moving Average while traded down -4.95% from 200-Day Simple Moving Average.

In the market the company is trading up by 3.29% percent from yesterday's close. Darden Restaurants, Inc. has a 12 month low of $60.16 and a 12 month high of $95.22.

Darden Restaurants (NYSE:DRI) last posted its quarterly earnings results on Tuesday, September 26th. The restaurant operator reported $0.99 earnings per share for the quarter, hitting analysts' consensus estimates of $0.99. The business earned $1.88 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm posted $0.88 EPS. The company's revenue for the quarter was up 8.1% on a year-over-year basis. Darden Restaurants, Inc. grasps an EPS value of 3.83 * displaying an EPS growth of 37.70% * for this year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Over the last three months, the shares of the company have changed -16.16% and performed -5.94% over the last six months. The stock rose 3.05% or $2.37 reaching $80.08 per share. Choate Inv Advsr holds 0% in Darden Restaurants, Inc. The company was maintained on Wednesday, April 6 by BTIG Research. Piper Jaffray upgraded it to "Overweight" rating and $78 target in Tuesday, May 17 report. As per Tuesday, June 13, the company rating was maintained by Jefferies. Oppenheimer Holdings, Inc. restated a "buy" rating and set a $100.00 target price on shares of Darden Restaurants in a research report on Wednesday, September 20th. Wall Street analysts have a consensus 2.60 recommendation on the stock. After having $2.31 EPS previously, Public Storage's analysts see 12.99% EPS growth.

In other news, insider Eugene I. Lee, Jr. sold 93,125 shares of the business's stock in a transaction dated Thursday, June 29th. In a transaction dated April. 03, 2017, the shares were put up for sale at an average price of $83.13, raking in a sum of $7,006,446.

On 4/3/2017 David C George, Insider, sold 84,283 with an average share price of $83.13 per share and the total transaction amounting to $7,006,445.79. The sale was disclosed in a filing with the SEC, which is available through the SEC website. It is down 14.14% since September 26, 2016 and is downtrending. Inc. now owns 757,913 shares of the restaurant operator's stock valued at $46,476,000 after buying an additional 476,867 shares during the period.

WARNING: This piece was originally reported by Equities Focus and is the sole property of of Equities Focus.

The prevailing figure will allow the investment community to determine the size of Darden Restaurants, Inc.in contrast to the sales or total assets figures. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues).

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