DRI - Darden Restaurants, Inc.
| Previous Close | 114.42 |
| Open | 114.88 |
| Bid | 116.87 x 1800 |
| Ask | 116.90 x 1000 |
| Day's Range | 114.65 - 117.11 |
| 52 Week Range | 84.37 - 124.00 |
| Volume | 1,501,306 |
| Avg. Volume | 1,203,758 |
| Market Cap | 14.372B |
| Beta (3Y Monthly) | 0.76 |
| PE Ratio (TTM) | 21.61 |
| EPS (TTM) | 5.41 |
| Earnings Date | Jun 19, 2019 - Jun 24, 2019 |
| Forward Dividend & Yield | 3.00 (2.47%) |
| Ex-Dividend Date | 2019-04-09 |
| 1y Target Est | 127.60 |
- Zacks•2 days ago
DRI vs. WEN: Which Stock Is the Better Value Option?
DRI vs. WEN: Which Stock Is the Better Value Option?
- Zacks•4 days ago
4 Juicy Restaurant Stocks to Gain on Booming Sales
U.S. restaurant sales are projected to reach a record high of $863 billion this year, up 3.6% from last year. Thus, it's time to invest in some sound restaurant stocks to whet your appetite.
- Zacks•5 days ago
McDonald's to Expand Footprint With 25 Restaurants in Italy
McDonald's (MCD) to open 25 restaurants in Italy this year to entice more customers.
- InvestorPlace•6 days ago
3 Top Stocks to Buy for the Week
Last year's peak of 2,940.91 in the S&P 500 continues to act as a magnet. And with Friday's breakout, a retest is now just around the corner. To profit from the market's continued ascent, today we're looking at three of the top stocks to buy right now.Earnings season has begun, and if the positive behavior out of banks like JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC) is a sign of things to come, buyers should continue to dominate. With this bullish backdrop, my weekend scanning revealed ample opportunities amid uptrending stocks. Some boast high-quality breakout patterns while others offer buy-the-dip setups. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The recurring theme among today's trio is the low risk and high potential reward available. With proper execution, these could deliver the dough.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBehold, three top stocks to buy. 3 Top Stocks to Buy for the Week: Lululemon (LULU)Source: ThinkorSwim Lululemon (NASDAQ:LULU) launched to a new all-time high after last month's earnings release. With the retailer's recent growth, today's traders have proven willing to pay a higher price than any of their predecessors. That's bullish and reveals just how much LULU stock has going for it right now.The 20-day, 50-day and 200-day moving averages are all rising in support of the 2019 uptrend. The past three weeks have seen LULU in base-building mode to digest the large gains had after the earnings release. With the 20-day moving average now just about caught up, the time is at hand for LULU stock's next breakout.Watch for a break $173 resistance, then pull the trigger on bull trades. I like buying the June $170/$180 bull call spread for $4.45. Fiserv (FISV)Source: ThinkorSwim The long-term trend in Fiserv (NASDAQ:FISV) has been glorious to behold. This year's behavior isn't half-bad either. FISV stock sits a stone's throw from record highs, complete with rising 20-day, 50-day and 200-day moving averages.Last month's breakout and run to unseen heights resulted in profit-taking which has since seen a retracement to the 50-day moving average. Friday's reversal candle suggested buyers are emerging to defend their turf. A break above Friday's high could signal the next upswing has begun. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Fiserv is slated to report earnings on April 30, so consider bailing before then if you don't want to brave the uncertainty. Darden Restaurants (DRI)Source: ThinkorSwim March's earnings report lit a fire under Darden Restaurants (NYSE:DRI), delivering a breakout which ultimately resulted in a visit to its record highs. Since then, we've seen a garden-variety pullback occur. The profit-taking has been benign thus far with zero signs of scary distribution arising to signal institutions are abandoning ship.We are closing in on the old resistance zone at $113, which should give traders a second chance to scoop up shares at the scene of last month's roaring breakout. If DRI stock toes the technical analysis line, old resistance should become new support.This morning's weakness shows sellers still hold the upper hand. Wait for DRI to turn higher, but when it does, consider deploying bullish plays. The July $115/$125 bull call spread is a worthy candidate.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 3 Top Stocks to Buy for the Week appeared first on InvestorPlace.
- Zacks•6 days ago
3 Reasons Growth Investors Will Love Darden Restaurants (DRI)
Darden Restaurants (DRI) could produce exceptional returns because of its solid growth attributes.
- Zacks•10 days ago
Has Darden Restaurants (DRI) Outpaced Other Retail-Wholesale Stocks This Year?
Is (DRI) Outperforming Other Retail-Wholesale Stocks This Year?
- Zacks•12 days ago
The Zacks Analyst Blog Highlights: Heidrick & Struggles International, ABIOMED, SeaWorld Entertainment, Darden Restaurants and AAON
The Zacks Analyst Blog Highlights: Heidrick & Struggles International, ABIOMED, SeaWorld Entertainment, Darden Restaurants and AAON
- Zacks•12 days ago
Darden (DRI) Outruns Peers: Stock Surges 41% in a Year
Darden's (DRI) Cheddar's acquisition, various sales boosting initiatives and cost saving efforts are commendable.
Yahoo Finance•13 days agoHere's what American teens spend money on
Piper Jaffray defined these teens as members of Generation Z, with the average age at 16 years old. Over 8,000 teens were surveyed for this report across 47 states.
- Zacks•13 days ago
5 Top Stocks to Gain From Blowout Jobs Report
U.S. hiring sprang back in March, with nonfarm payrolls expanding by 196,000 and the unemployment rate holding steady at 3.8%.
- Zacks•16 days ago
The Zacks Analyst Blog Highlights: Abercrombie & Fitch, Foot Locker, Costco and Darden
The Zacks Analyst Blog Highlights: Abercrombie & Fitch, Foot Locker, Costco and Darden
- Zacks•17 days ago
4 Undervalued Retail Stocks With Earnings Growth Potential
An investment decision based on the intrinsic value of stocks seems feasible in an economy that is coping with waning consumer confidence, Brexit and slowing global economic environment.
- Simply Wall St.•17 days ago
Darden Restaurants, Inc. (NYSE:DRI): Ex-Dividend Is In 4 Days
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Attention dividend hunters! Darden Restaurants, Inc. (NYSE:DRI) will be distributing its dividend of US$0.75 per share on the...
- InvestorPlace•17 days ago
Potential for Improvement Seems Already Priced Into Dollar Tree Stock
There are reasons for investors to be optimistic about Dollar Tree (NASDAQ:DLTR). While the company's 2015 purchase of Family Dollar hasn't quite worked out as expected, new plans to fix that unit, and new initiatives in the legacy business, suggest potential upside in DLTR stock.The catch is that Dollar Tree stock seems already have priced in at least some of that success. Initial FY2020 (ending January 2021) EPS guidance suggests about a 17x forward EPS multiple. That's in line with rival Dollar General (NYSE:DG) -- but that guidance assumes results are going to get better starting in the second half of this year. * 8 Best Stocks to Buy for an April Rally I've long preferred DG to DLTR stock, and at similar valuations, that's still the case. Dollar General is a better operator. Dollar Tree still needs to get to that point -- and even if it does, it doesn't look any cheaper. As as result, I'd like to see Dollar Tree stock a lot cheaper before turning bullish.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Improvement On the Way for DLTR StockDollar Tree clearly overpaid for Family Dollar. Plans to accelerate same-store sales growth at the chain haven't quite worked out. Same-store sales for the Family Dollar banner rose just 0.1% in fiscal 2018, after a 0.4% increase the year before. In contrast, Dollar Tree stores grew comps 3.5% in FY17 and 3.3% last year.Further highlighting the problems, Dollar Tree took a non-cash $2.7 billion goodwill impairment change on the Family Dollar acquisition in Q4. And it's closing as many as 390 stores next year, assuming it can't squeeze rent reductions from landlords. Another 200 stores are being rebranded as Dollar Tree locations.In hindsight, the failed acquisition is bad news. But looking forward, the struggles at Family Dollar represent an opportunity. Any improvement in the chain -- or benefits from the rebranding -- can accelerate growth and boost Dollar Tree's overall prospects.The store closures should help margins. Existing stores are being moved to a new model, known internally as H2. Under the new model, merchandise offerings are improved, including $1 Dollar Tree-branded merchandising. Early tests have been hugely successful, per the Q4 release. The addition of alcohol sales and expanded freezers should help as well. Management expects a 1.5-point boost to comp store sales once the initiatives are fully in place. That's a big number for a chain that has barely grown same-store sales at all of late. Earnings Growth Should Help Dollar Tree StockIt will take some time for the efforts to bear fruit. Management actually is guiding for operating income to decline year-over-year in the first half before an improvement in the second half. Full-year adjusted EPS is expected to slip, in part due to a higher tax rate. * The Elite 8 Stocks to Buy for Massive Outperformance But in fiscal 2020, Dollar Tree expects earnings growth to accelerate markedly, with initial guidance for a 14-18% EPS increase. That suggests something in the range of $6.20 per share -- and a roughly 17x forward P/E multiple for DLTR stock.Against mid-teens earnings per share growth, that figure seems cheap. And there are potentially levers to pull beyond remodeling and rebranding Family Dollar stores. Management is testing price points beyond the $1 figure, a suggestion made by activist Starboard Value. Starboard has had some big wins in recent years -- among them Advance Auto Parts (NYSE:AAP) and Olive Garden owner Darden Restaurants (NYSE:DRI) -- and DLTR could benefit from its expertise in targeting consumers.Family Dollar's multi-year disappointment suggests a revitalized business could have years of growth ahead of it. And Dollar Tree has managed to do well despite strength at Walmart (NYSE:WMT), which hasn't always been the case.There is good news here along with room for more good news. In that context, the 17x forward EPS multiple for DLTR stock might look cheap. Is DG Still The Better Play?That said, Dollar General stock trades at a roughly similar forward multiple. And it's worth noting that there's quite a bit of uncertainty to Dollar Tree's FY20 guidance. The company is projecting a big uptick in comps from the H2 model and other initiatives. That uptick isn't guaranteed - and neither is the 14-18% growth management sees coming next year.In contrast, DG investors can pay roughly the same multiple for steadier, and probably more certain, performance, with a two-year growth rate that actually looks a bit stronger.Admittedly, investor preferences might be different among the two stocks. Dollar Tree stock, given Starboard's presence and the efforts at Family Dollar, likely has more upside in the best-case scenario. It also has higher risk.From here, DG is the steadier, safer, and better bet. But others might see it differently - and Dollar Tree has enough options to prove me, and other DLTR stock skeptics, wrong.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post Potential for Improvement Seems Already Priced Into Dollar Tree Stock appeared first on InvestorPlace.
- Insider Monkey•18 days ago
Here is What Hedge Funds Think About Darden Restaurants, Inc. (DRI)
Is Darden Restaurants, Inc. (NYSE:DRI) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […]
- Zacks•18 days ago
DRI vs. WEN: Which Stock Should Value Investors Buy Now?
DRI vs. WEN: Which Stock Is the Better Value Option?
- Zacks•18 days ago
The Zacks Analyst Blog Highlights: America's Car-Mart, AutoZone, Darden and Costco
The Zacks Analyst Blog Highlights: America's Car-Mart, AutoZone, Darden and Costco
- Markit•19 days ago
See what the IHS Markit Score report has to say about Darden Restaurants Inc.
Darden Restaurants Inc NYSE:DRIView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for DRI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DRI. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DRI are favorable, with net inflows of $11.03 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. DRI credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•19 days ago
Buy These 4 Retail Growth Stocks to Alleviate Soft Sales Woes
Retail sales fell, market experts cited that various macro and micro issues have been impacting consumer behavior.
- Zacks•23 days ago
Williams-Sonoma & Miraval Partner to Offer Culinary Products
Williams-Sonoma (WSM) continues to collaborate with brands in a bid to drive greater customer participation. To this end, the company, in partnership with Miraval, is set to launch culinary products.
- Zacks•23 days ago
RH's Q4 Earnings Beat Estimates, Shares Decline on Soft View
Despite solid fiscal Q4 earnings, shares of RH decline nearly 14% due to soft fiscal 2019 guidance, owing to weakness in core business.
- PR Newswire•24 days ago
Darden Restaurants Announces Animal Welfare Policy Founded On Improvements In Welfare Outcomes
ORLANDO, Fla., March 28, 2019 /PRNewswire/ -- Darden Restaurants, Inc. (DRI) today announced an animal welfare policy that encourages higher welfare outcomes for farm animals in its supply chain. As part of the policy, Darden intends to form an external Animal Welfare Advisory Council that the Company will leverage to continually ensure its animal welfare program is based on best available science and industry-wide practices, including developments in outcomes measurement and reporting. "After a thorough and thoughtful process, which included extensive benchmarking and input from a variety of stakeholders, we are adopting an Animal Welfare Policy to articulate Darden's position and values around the treatment of animals in our supply chain," said Susan Connelly, Senior Vice President of Communications and Corporate Affairs for Darden.
- Zacks•24 days ago
Yum China (YUMC) Surges 28% In a Year: More Room for Growth?
Yum China's (YUMC) responsible brand building, strong financial position, menu innovation and digital initiatives continue to aid the stock.
- Zacks•24 days ago
Is Darden Restaurants (DRI) a Solid Growth Stock? 3 Reasons to Think " Yes "
Darden Restaurants (DRI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- GuruFocus.com•25 days ago
Darden Restaurants Inc (DRI) President and CEO Eugene I Jr Lee Sold $8.7 million of Shares
President and CEO of Darden Restaurants Inc (NYSE:DRI) Eugene I Jr Lee sold 73,152 shares of DRI on 03/25/2019 at an average price of $118.61 a share.
