Is it Time to Dump Darden Restaurants, Inc. (DRI) Stock After it Is Lower By 3.25% in a Week?

Darden Restaurants, Inc. (DRI) stock has fallen 3.25% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Darden Restaurants, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DRI!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With DRI Stock Today?

Darden Restaurants, Inc. (DRI) stock is trading at $140.04 as of 2:31 PM on Tuesday, Mar 1, a decline of -$5.18, or -3.57% from the previous closing price of $145.22. The stock has traded between $138.69 and $145.29 so far today. Volume today is low. So far 672,462 shares have traded compared to average volume of 1,130,531 shares.

More About Darden Restaurants, Inc.

Darden Restaurants is the largest restaurant operator in the U.S. casual and fine dining markets, with consolidated revenue of $7.2 billion in fiscal 2021 resulting in 3.8% market share (per Euromonitor data and our calculations). The company maintains a portfolio of eight restaurant chains: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Eddie V's, and Bahama Breeze. Darden generates revenue almost exclusively from company-owned restaurants, though a network of 64 franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. Click Here to get the full Stock Report for Darden Restaurants, Inc. stock.