Analysts Layout Best- And Worst-Case Scenarios: Darden Restaurants, Inc. (DRI), KBR, Inc. (KBR)

Darden Restaurants, Inc. (NYSE:DRI) recent gain occurred on high volume with 1.44 million contracts changing hands on 08-Nov-18. That’s greater from its daily average of 1.32 million contracts. The first sale was made at $110.67 but later the stock became weaker, and closed with a gain of 0.92%. It was last traded at $112.24 apiece.

Darden Restaurants, Inc. (DRI): Outperform Candidate With 10.43% Upside Potential

Darden Restaurants, Inc. is maintained at an average outperform rating by 25 stock analysts, and there are at least 5.9% of shares outstanding that are currently legally short sold. The shares went up by 4.94% in value last month. Year-to-date it jumped 16.89%. Analysts are turning out to be more optimistic than before, with 14 of analysts who cover Darden Restaurants, Inc. (NYSE:DRI) advice adding it to buy candidate list. Wall Street experts also assign a $123.95 price target on Darden Restaurants, Inc., pointing towards a 10.43% rally from current levels. The stock is trading for about -9.48% less than its 52-week high.

Darden Restaurants, Inc. Reports -4.74% Sales Growth

Darden Restaurants, Inc. (DRI) remained successful in beating the consensus-estimated $1.24 as it actually earned $1.34 per share in its last reported financial results. Revenue, on the other hand, scored -4.74% growth from the previous quarter, coming up with $2.03 billion.

DRI Adds 7.04% In A Week

This company shares (DRI) so far managed to recover 41.75% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 3.21% while shortening the period to a week, volatility was 2.84%. The share price has already crossed its 20 days moving average, floating at a distance of 4.88% and sits 0.83% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 7.04% gains and is up by 11.28% compared with its 200-day moving average of $104.64. Also, Darden Restaurants, Inc. (DRI) needs to expand a 36.68% increase it experienced over the past twelve months.

KBR, Inc. (NYSE:KBR) Consensus Call At 2.3

As regular trading ended, KBR, Inc. (KBR) stock brought in a $0.48 rise to $21.91. The day started at a price of $20.84 but then traded as high as $21.46 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.3. KBR, Inc. is given 3 buy-equivalent recommendations, 0 sells and 5 holds. The company shares sank -0.81% from their peak of $22.09 and now has a $3.1 billion market value of equity.

KBR, Inc. Could Grow 4.97% More

KBR’s mean recommendation on Reuter’s scale presents no change from 2.17 thirty days ago to 2.17 now, which indicates a hold consensus from the analyst community. They see KBR, Inc. (KBR) price hitting a mean target of $23 a share, meaning the stock still has potential that could lift the price another 4.97% . Also, the recent close suggests the stock is underpriced by 14.1% compared to the most bullish target.

KBR, Inc. (KBR) Returns 10.49% This Year

The company had seen its current volume reaching at 1.83 million shares in the last trade. That compares with the recent volume average of 1.6 million. At the close of regular trading, its last week’s stock price volatility was 3.55% which for the month reaches 3.7%. KBR, Inc. dipped to as low as $20.81 throughout the day and has returned 10.49% in this year. At one point in the past year, the shares traded as low as $14.4 but has recovered 52.15% since then.