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Darden Restaurants (DRI) Looks Strong: Gains 7%

Darden Restaurants, Inc.DRI was a big mover last session, as the company saw its shares gain over 7% on the day. The company posted strong fiscal second quarter 2016 results, which led to solid volume too with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock has risen about 14.8% in the past one-month time frame.

The company has seen 3 positive estimate revisions in the past one month, while its Zacks Consensus Estimate rose over the same period, suggesting that more solid trading could be ahead. 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 #3 (Hold).

A well-ranked player in the same industry includes BJ's Restaurants, Inc. BJRI carrying a Zacks Rank #1 (Strong Buy).

Is DRI going up? Or down? Predict to see what others think: Up or Down

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BJ'S RESTAURANT (BJRI): Free Stock Analysis Report

DARDEN RESTRNT (DRI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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