Darden Restaurants Inc (NYSE: DRI) has reported earnings for its second fiscal quarter (ending November 30) of $1.84 versus $1.77 for the same period a year ago — an increase of 4%. For the latest four quarters through November 30, E.P.S. were $8.81 compared to $8.35 a year ago — an increase of 6%.
Recent Price Action
Darden Restaurants Inc (NYSE: DRI) stock enjoyed a major increase of 14.7% on 12/19/24. The shares closed at $183.44. Moreover, trading volume in this advance was exceptionally high at 384% of normal. Relative to the market the stock has been strong over the last nine months and has risen 9.3% during the last week.
Current PriceTarget Research Rating
Darden Restaurants has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Darden Restaurants has a neutral Appreciation Score of 50 and a neutral Power Rating of 59, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment