Darden Restaurants, Inc. financials are fundamentally strong but are vulnerable in long term with PB at 5.78. End of the day trading on Thursday, Dec 21 market cap stood at $11901.51 MN .
Total Money flow for the day ended at $-448.29mn with tick up at $9049.68mn and tick down at $9497.98mn led to up /down ratio of 0.95x. Block trades acted as a tailwind, coming in at $-414.53mn and $1975.71mn and $2390.24mn of tick ups and tick downs respectivelySupported by a string of factors, sector saw a change of 45.70 closing at 8838.16.
Company will find it hard to deliver on its short term debts without any issues . Company prices continue to trade above its 200 day MA at 12.68%, naturally Darden Restaurants, Inc. key strong SMA, numbers represents overall long-term pattern with support at $83.01.
Darden Restaurants, Inc. shares at higher tick came in at $37.07 MN while share at lower tick was at $26.26 ML resulting in positive ratio of 1.41Xunderlying temporary downside caused buying opportunity with money flow recorded at $10.81 Million , this means that large investors used dip to accumulate assets with BT at $12.84 MN . With tick up at $12.84 M and tick down at $0.00 MN led an up down ratio of 0.00x., and as traders bought in to weakness and they expect price to reverse and move against the trader..
At -3.29% below 52w high, perhaps the investors expect it to move higher due to better gains . The business has seen some correction in its stock value representing buying momentum at all dips .
It would help to decrease the level of businesses current liabilities and therefore , boost the current ratio , and Darden Restaurants, Inc. liquidity reports low 1:0.2 Quick R. With 5Y EPS forecast 12.0% higher than P /E 24.36 potential future growth movement are high and also might have less of an bullish effect on the PE .
Darden Restaurants, Inc. stocks at 0.19 Beta exhibit lower association with the stock market index. Earnings to price will probably be strong and grow by around 37.70% on nominal terms and judging by the previous four Qs growth remains flat , and By next year Darden Restaurants, Inc. EPS 9.92% will be on a par with past year , analyst forecast per share earnings to be down by 9.92%.
Further in view of percentage of profit in relative to its overall resources, Darden Restaurants, Inc. assets utilization seems right . In relation to the book value of share holder equity, return on net assets stands high at 24.40%, so , it’s also good to check out its total debt ratio.
Company would find it hard to exceed current growth rates in future, though prices are not in sync with the 2.03 PEG and might loose traction over the next quarters. compared to sector average PEG at 2.37 current prices seem to be indications of discount in terms of to fair value .
Market Value per Share of 24.36 is supported by high interest of investors in Services sector , and the Darden Restaurants, Inc. is seen by investors as growth stocks and given future revenue investors are bullish.
And PE in conjunction with Services sector average growth of 26.46 shows signs of weakness in the stock price . As assets RSI 76.35 and trades are near resistance levels, this might be a fall sign and this indicates a high possibility of low volume of traders to push the asset up slightly.
Companies P /E value using its expected earnings reported at 19.46x, in addition over the next calendar year market consensus anticipate an boost in earnings compared to current 24.36 PE .