Darden Restaurants, Inc. (DRI - Free Report) was a big mover last session, as the company saw its shares rise nearly 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 down 66.1% in the past one-month time frame.
The company has seen nine negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Darden Restaurants currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
Darden Restaurants, Inc. Price
Investors interested in the Retail - Restaurants industry may consider a better-ranked stock like Cracker Barrel Old Country Store, Inc. (CBRL - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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