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Darden Restaurants (DRI-N)
31 watching
NYSE:DRI
148.37
0.93
(0.62%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Jan 27, 2023, 9:03 pm
0
PAST TOP PICK
(A Top Pick Jun 23/22, Up 33%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DRI has achieved its objective at $152. To remain disciplined we recommend covering half the position at this time and to maintain the stop-loss at $135. If triggered, this would result in a net investment gain of 25%.
food services
PAST TOP PICK
(A Top Pick Jun 23/22, Up 22.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DRI is progressing well. To remain disciplined, we recommend trailing up the stop to $135 at this time.
food services
COMMENT
They report next Friday. A weaker economy will mean people will dine at cheaper chains like Olive Garden. Some feel shares have run up too much.
food services
PAST TOP PICK
(A Top Pick Jun 23/22, Up 25.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DRI is progressing well. To remain disciplined, we now recommend trailing up the stop (from $117) to $125.
food services
PAST TOP PICK
(A Top Pick Jun 23/22, Up 14.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK is progressing well. We now recommend trailing up the stop (from $98) to $117.
food services
BUY
Allan Tong’s Discover Picks Looking forward, management's forecast is positive, but realistic. Earnings are expected to be $7.40-8.00 per share compared to $7.40 in fiscal 2022 as comparable-store sales should increase by 4-6%. The company will open up to 60 new restaurants, which doubles 2021's expansion rate. Also, Darden raised its dividend by 10%. It currently pays a robust 3.67%, based on a low 59% payout ratio. Darden trades at a 17.83x PE, just slightly higher than its 17x forward PE, but far below the 31.6x industry average. Read 3 Options to Profit from Falling Crude Oil for our full analysis.
food services
TOP PICK
Stockchase Research Editor: Michael O'Reilly The owner of such iconic brands as Red Lobster, Olive Garden and Longhorn Steakhouse. As customers return to sit down dining, earnings will look to expand quickly. Recently reported earnings beat expectations and support an impressive 32% ROE. The dividend was increased by 10%, the 3rd boost since the pandemic began. We recommend a stop loss at $98, looking to achieve $152 -- upside over 32%. Yield 3.87% (Analysts’ price target is $151.59)
food services
DON'T BUY
It has been hit by many downgrades. He expects a disappointing report next week due to food and labour inflation, plus a cash-strapped consumer. Also, they are sensitive to fuel costs.
food services
BUY
The market prefers Growth at a Reasonable Price (GARP) stock as rates rise and tech is unfashionable. The PEG ratio is a key metric. These shares pay big dividends or buyback shares. Their latest quarter disappointed, taking a big hit from Omicron and food inflation. But the former is now behind us and food inflation could peak in the second half this year. If you buy now, you can benefit later with this stock. Trades at 17x earnings and pays a 3.5% dividend yield. A well-run restaurant chain.
food services
BUY
It reports Friday. Restos have made a big comeback. Darden has deep pockets and can stay competitive, so he expects good numbers.
food services
BUY
Up 25% this year. Buy. During the pandemic people ordered out and now people are dining in. The chart says this wants to bounce. He'd still buy this. He likes the chain and restaurants. The future looks brighter than the present.
food services
DON'T BUY
Pass. It had a huge run. It will trade down to $138 before it rises to new all-time highs.
food services
COMMENT
It reports Thursday. He wants to hear them talk about the latest outbreak and expects them to say things are better, though not perfect. Olive Garden is their franchise.
food services
TOP PICK
The company is taking more market share compared to competitors. People will go to restaurants with the economy reopening. With the pandemic shuttering many smaller players, the big players should dominate. Social media mentions have increased by 20% in the last 24 hours.
food services
$144.060
No
BUY
It's taken more market share during Covid and is pulling away from the pack. The CEO said that the first thing people do when they get vaccinations is to go to a restaurant. The pandemic has lasted just long enough to wipe out the little guys and left the bigger players to dominate.
food services
Darden Restaurants(DRI-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 7
Darden Restaurants(DRI-N) Frequently Asked Questions
What is Darden Restaurants stock symbol?
Darden Restaurants is a American stock, trading under the symbol DRI-N on the New York Stock Exchange (DRI). It is usually referred to as NYSE:DRI or DRI-N
Is Darden Restaurants a buy or a sell?
In the last year, 7 stock analysts published opinions about DRI-N. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Darden Restaurants.
Is Darden Restaurants a good investment or a top pick?
Darden Restaurants was recommended as a Top Pick by on . Read the latest stock experts ratings for Darden Restaurants.
Why is Darden Restaurants stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Darden Restaurants worth watching?
7 stock analysts on Stockchase covered Darden Restaurants In the last year. It is a trending stock that is worth watching.
What is Darden Restaurants stock price?
On 2023-01-27, Darden Restaurants (DRI-N) stock closed at a price of $148.37.
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