Darden Restaurants (DRI) Receives Daily News Sentiment Score of 0.18
Media headlines about Darden Restaurants (NYSE:DRI) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Darden Restaurants earned a news impact score of 0.18 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 46.226815336152 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research analysts have commented on DRI shares. Zacks Investment Research upgraded shares of Darden Restaurants from a “sell” rating to a “hold” rating in a report on Monday, November 6th. BMO Capital Markets set a $80.00 target price on shares of Darden Restaurants and gave the stock a “hold” rating in a report on Thursday, October 19th. Argus cut shares of Darden Restaurants from a “buy” rating to a “hold” rating and set a $88.00 target price for the company. in a report on Tuesday, October 17th. Longbow Research started coverage on shares of Darden Restaurants in a report on Friday, October 13th. They issued a “neutral” rating for the company. Finally, ValuEngine cut shares of Darden Restaurants from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $87.59.
Shares of Darden Restaurants (NYSE:DRI) traded up $1.02 during midday trading on Monday, reaching $86.06. 2,369,092 shares of the company traded hands, compared to its average volume of 1,599,721. The firm has a market cap of $10,517.18, a P/E ratio of 20.59, a price-to-earnings-growth ratio of 1.86 and a beta of 0.22. Darden Restaurants has a 1-year low of $71.01 and a 1-year high of $95.22. The company has a current ratio of 0.38, a quick ratio of 0.24 and a debt-to-equity ratio of 0.45.
Darden Restaurants (NYSE:DRI) last announced its quarterly earnings results on Tuesday, September 26th. The restaurant operator reported $0.99 EPS for the quarter, meeting analysts’ consensus estimates of $0.99. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Darden Restaurants had a return on equity of 26.06% and a net margin of 6.60%. Darden Restaurants’s revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.88 EPS. research analysts predict that Darden Restaurants will post 4.43 earnings per share for the current year.
About Darden Restaurants
Darden Restaurants, Inc is a full-service restaurant company. The Company owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company’s segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V’s Prime Seafood and Wildfish Seafood Grille (Eddie V’s)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues).
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