Darden Restaurants Inc (NYSE: DRI) has reported E.P.S. of $2.60 for its fourth fiscal quarter (ending May 31) versus $2.61 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $8.59 compared to $8.07 a year ago.
Recent Price Action
Darden Restaurants Inc (NYSE: DRI) stock closed at $154.29 on 6/20/24 after an increase of 1.5%. Moreover, trading volume in this advance was exceptionally high at 220% of normal. The stock has risen 5.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
DRI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Darden Restaurants has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Darden Restaurants has a neutral Power Rating of 43 and a neutral Appreciation Score of 41, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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