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Darden Restaurants (DRI) in Focus: Stock Moves 5% Higher
Darden Restaurants, Inc. (DRI - Free Report) was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 7.1% in the past one-month time frame.
The move came after the company reported a year-over-year improvement in second-quarter fiscal 2019 results.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Darden Restaurants. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Darden Restaurants currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Darden Restaurants, Inc. Price
Darden Restaurants, Inc. Price | Darden Restaurants, Inc. Quote
Another stock worth considering in the Retail - Restaurants industry is The Habit Restaurants, Inc. which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
Is DRI going up? Or down? Predict to see what others think: Up or Down
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