Stock price performance of Darden Restaurants, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 2.42% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.53% . Looking at the past 52 week period, the stock price is up at 21.75% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Darden Restaurants, Inc. has a positive value of 9.68 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 0.34%.The 200 Day SMA reached 12.75%
Darden Restaurants, Inc. is having a Relative Strength Index of 37.87 which indicates the stock is not yet over sold or over bought based on the technical indicators. Darden Restaurants, Inc. (NYSE:DRI) has tumbled 2.37% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.38% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.48%. Darden Restaurants, Inc. (NYSE:DRI) has underperformed the index by 0.52% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Oct 12, 2016, Danielle L. Kirgan (SVP, CHRO) sold 36,907 shares at 62.47 per share price.On Jul 11, 2016, James P Fogarty (director) purchased 3,000 shares at 61.70 per share price.On Apr 20, 2016, Alan N Stillman (director) sold 2,000 shares at 65.30 per share price.
Darden Restaurants Last issued its quarterly earnings results on Dec 20, 2016. The company reported $0.64 EPS for the quarter. Analyst had a consensus estimate of $0.64. The company had revenue of $1642.50 million for the quarter, compared to analysts expectations of $1648.60 million. The companys revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Darden Restaurants was Upgraded by Argus to Buy on Jan 5, 2017. Darden Restaurants was Upgraded by Guggenheim to Buy on Dec 1, 2016. Darden Restaurants was Downgraded by Credit Suisse to Neutral on Nov 29, 2016.
Darden Restaurants, Inc. (NYSE:DRI) : On Friday heightened volatility was witnessed in Darden Restaurants, Inc. (NYSE:DRI) which led to swings in the share price. The stock opened for trading at $72.97 and hit $73.18 on the upside , eventually ending the session at $71.82, with a gain of 0.27% or 0.19 points. The heightened volatility saw the trading volume jump to 1,681,937 shares. The 52-week high of the share price is $79.43 and the company has a market cap of $8,918 million. The 52-week low of the share price is at $55.77 .
Darden Restaurants, Inc. is the worlds largest casual dining restaurant company based on market share, sales and number of company-owned and operated restaurants. Darden through its subsidiaries, engages in the ownership and operation of casual dining restaurants in the United States and Canada.