Key Details
Price
$187.72Last Dividend
$1.40Annual ROE
46.25%Beta
0.66Events Calendar
Next earnings date:
Mar 21, 2025Recent quarterly earnings:
Dec 19, 2024Recent annual earnings:
June 20, 2024Next ex-dividend date:
Jan 10, 2025Recent ex-dividend date:
Oct 10, 2024Next split:
N/ARecent split:
Nov 10, 2015Analyst ratings
Recent major analysts updates
Screeners with DRI included
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
I reviewed the weekly charts of all S&P 500 stocks and discovered just 21 that show "confidently optimistic" patterns, suggesting that 2025 may be a tough year for the market. I'm concentrating on stocks that have a higher chance of increasing in value in 2025, rather than trying to outperform the S&P 500 or get the highest returns. The four stocks I selected—Edwards Lifesciences, Jabil Inc., Kroger, and Darden Restaurants—demonstrate solid technical potential, even though their fundamentals are varied.
Darden's varied range of businesses, strong operations, and strategic plans drive its growth.
Darden Restaurants: The Gem of Full-Service Restaurants Appears to Shine Even More Brightly Now.
I have changed my rating for Darden Restaurants (DRI) from sell to hold, as I see its strength in a challenging market and its ability to keep good profit margins. DRI's latest results show it has done well, with higher revenue and improved margins, indicating it can grow even with strong competition. The success of Olive Garden's same-store sales growth, LongHorn's dedicated customers, and the new partnership with Uber Eats are important factors for DRI's growth.
On Thursday, December 19, 2024, the S&P 500 fell by 0.1% as stocks had a hard time bouncing back from the previous day's decline, even with positive news about economic growth.
On Thursday at midday, key U.S. stock indexes rose after a drop the day before, as a report indicated that the U.S. economy grew more than expected in the third quarter.
On Thursday, the main U.S. stock indexes ended the day mostly stable after experiencing a significant drop the day before.
Darden Restaurants saw an increase in sales this quarter, even though customers are avoiding its upscale dining options. The company, which owns popular chains like Olive Garden and LongHorn Steakhouse, announced on Thursday (Dec. 19) that total sales rose by 6% to reach $2.9 billion.
Darden Restaurants, Inc. saw its stock rise by 14% following impressive earnings, and it has increased by 28% since I last recommended buying it, exceeding my price target of $160. The company's revenue grew by 6% to $2.9 billion, thanks to strong same-restaurant sales, mergers and acquisitions, and improved profit margins, with Olive Garden and LongHorn doing particularly well. The updated forecast anticipates $12.1 billion in sales and earnings per share between $9.45 and $9.65, supported by a strong balance sheet, share buybacks, and a reliable 3.5% dividend yield.
Darden Restaurants' shares jumped to a record high on Thursday morning after strong second-quarter results were announced. The stock initially rose by 18.1% overnight but later settled at a 15.5% increase by 1:30 p.m.
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