Darden Restaurants, Inc. Shares Approach 52-Week High - Market Mover

The shares closed 1.9% below its 52-week high of $149.81, with trading volume lower than its 30 day average

Nov 30, 2022 by Kwhen Finance Editors

Darden Restaurants, Inc. Shares Approach 52-Week High - Market Mover
Darden Restaurants, Inc. (DRI) shares closed today at 1.9% below its 52 week high of $149.81, giving the company a market cap of $17B. The stock is currently down 0.3% year-to-date, up 6.0% over the past 12 months, and up 92.4% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 1.2%.

Trading Activity

  • Trading volume this week was 16.8% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $482 million in earnings before interest and taxes from $6 billion in revenue. It currently holds $993 million in cash and $1 billion in debt.
  • Its forward price-to-earnings (P/E) ratio of 36.14254180997589 is higher than its current P/E ratio of 19.39, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.64. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 3.92 which means it currently has $3.92 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 7.25. This means that the stock is trading at a premium of 7 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 3.02.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 3.01.

P/E

19.39

EBITDA

$482M

P/Book

7.25

Mkt Cap

$17B

P/Sales

3.02

Revenue

$6B

EPS (TTM)

7.20

PEG Ratio

0.64

EV/Revenue

3.01

Total Cash

$993M

Debt/Equity

3.92

Forward P/E

36.14

Current Debt

$1B

Gross Profit

$964M

Dividend Date

-

Earnings Date

2022-12-16

Profit Margin

-0.04

Revenue/Share

47.47

Total Revenue

$6B

Enterprise Val

$18B

Put/Call Ratio

0.67

Revenue/Employee

33443243.24

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Communication Services industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Darden Restaurants, Inc.1.4-0.36.0-3.033.5
Dow Jones Industrial Average2.3-5.2-1.8-6.818.5
S&P 500 Index3.2-15.8-13.6-16.713.6
Communication Services4.2-36.1-36.1-37.79.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by -93.8%
  • The company's stock price performance over the past 12 months beats the peer average by 1.3%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -202.0% higher than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Darden Restaurants, Inc.DRI19.4-0.36.0-3.033.5
Peer AvgN/A-19.0-4.55.9-2.24.4
Cracker Barrel Old Country Store IncCBRL19.1-7.3-4.1
Bloomin Brands IncBLMN18.47.024.1
Dine Brands Global IncDIN13.2-1.63.3-11.221.8
BJ`s Restaurant Inc.BJRI-160.0-10.11.3
Ruths Hospitality Group IncRUTH14.3-10.64.9

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