In the last three months, 27 analysts have published ratings on Darden Restaurants DRI, offering a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 11 | 7 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 4 | 3 | 2 | 1 | 0 |
| 3M Ago | 4 | 7 | 3 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $169.37, a high estimate of $192.00, and a low estimate of $124.00. Highlighting a 3.38% decrease, the current average has fallen from the previous average price target of $175.30.
Investigating Analyst Ratings: An Elaborate Study
The standing of Darden Restaurants among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brian Vaccaro | Raymond James | Maintains | Outperform | $160.00 | $160.00 |
| Andrew Charles | TD Cowen | Lowers | Hold | $150.00 | $170.00 |
| Brian Mullan | Piper Sandler | Lowers | Neutral | $159.00 | $163.00 |
| Jim Salera | Stephens & Co. | Maintains | Equal-Weight | $165.00 | $165.00 |
| Nick Setyan | Wedbush | Maintains | Outperform | $170.00 | $170.00 |
| Andy Barish | Jefferies | Lowers | Underperform | $124.00 | $154.00 |
| John Staszak | Argus Research | Lowers | Buy | $175.00 | $186.00 |
| Brian Harbour | Morgan Stanley | Maintains | Overweight | $175.00 | $175.00 |
| Brian Vaccaro | Raymond James | Raises | Outperform | $170.00 | $167.00 |
| Jon Tower | Citigroup | Raises | Buy | $192.00 | $191.00 |
| Chris O'Cull | Stifel | Lowers | Buy | $180.00 | $190.00 |
| Sara Senatore | B of A Securities | Raises | Buy | $185.00 | $180.00 |
| Jim Salera | Stephens & Co. | Maintains | Equal-Weight | $165.00 | $165.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $170.00 | $170.00 |
| Jim Salera | Stephens & Co. | Maintains | Equal-Weight | $165.00 | $165.00 |
| Nick Setyan | Wedbush | Maintains | Outperform | $170.00 | $170.00 |
| Brian Vaccaro | Raymond James | Lowers | Outperform | $167.00 | $175.00 |
| Jeffrey Bernstein | Barclays | Lowers | Overweight | $180.00 | $187.00 |
| Jim Salera | Stephens & Co. | Lowers | Equal-Weight | $165.00 | $170.00 |
| Andrew Charles | TD Cowen | Lowers | Buy | $170.00 | $190.00 |
| Sara Senatore | B of A Securities | Lowers | Buy | $180.00 | $194.00 |
| Eric Gonzalez | Keybanc | Lowers | Overweight | $170.00 | $177.00 |
| David Palmer | Evercore ISI Group | Lowers | In-Line | $165.00 | $170.00 |
| Brian Nowak | Morgan Stanley | Lowers | Overweight | $175.00 | $180.00 |
| Nick Setyan | Wedbush | Lowers | Outperform | $170.00 | $181.00 |
| Jon Tower | Citigroup | Lowers | Buy | $191.00 | $192.00 |
| John Ivankoe | JP Morgan | Lowers | Overweight | $165.00 | $176.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Darden Restaurants. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Darden Restaurants compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Darden Restaurants's stock. This analysis reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Darden Restaurants's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Darden Restaurants analyst ratings.
About Darden Restaurants
Darden Restaurants is the largest restaurant operator in the us full-service space, with consolidated revenue of $11.4 billion in fiscal 2024 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2024, the company operated 2,031 restaurants in the us.
Darden Restaurants's Economic Impact: An Analysis
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Positive Revenue Trend: Examining Darden Restaurants's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.8% as of 31 May, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Darden Restaurants's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 10.42%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 13.93%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Darden Restaurants's ROA excels beyond industry benchmarks, reaching 2.72%. This signifies efficient management of assets and strong financial health.
Debt Management: Darden Restaurants's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 2.42.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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