Darden Restaurants (DRI) Hits New Lifetime High Today

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Trade-Ideas LLC identified Darden Restaurants ( DRI) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Darden Restaurants as such a stock due to the following factors:

  • DRI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $84.4 million.
  • DRI has traded 323,176 shares today.
  • DRI is trading at a new lifetime high.

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More details on DRI:

Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V's, and Yard House brand names. The stock currently has a dividend yield of 3.2%. DRI has a PE ratio of 72. Currently there are 10 analysts that rate Darden Restaurants a buy, 1 analyst rates it a sell, and 11 rate it a hold.

The average volume for Darden Restaurants has been 1.4 million shares per day over the past 30 days. Darden has a market cap of $8.7 billion and is part of the services sector and leisure industry. Shares are up 18% year-to-date as of the close of trading on Friday.

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