Analyst Ratings for Diamondrock Hospitality Co. (DRH)

Updated: 2017-07-27

Shares of Diamondrock Hospitality Co. (NYSE:DRH) have received a consensus rating of Hold from Wall Street analysts. DRH had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 4 analysts, 2 gave an overweight rating, 7 gave a hold rating, 1 gave an underweight rating, and 3 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for DRH. The most optimistic price target was 13, implying a possible profit of 12.36 percent. The most pessimistic analyst gave a price target of 10, implying a possible loss of -13.57 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.51 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.02 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

DRH has an estimated earnings growth rate of 90.21 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DRH is 0.24.

In the last 52-weeks, DRH has achieved a high of 12.08 and a low of 8.73. Currently the stock is 32.53 percent higher than its low, and below the high by 4.22 percent. DRH has a P/E ratio of 21.76. Investors typically compare the P/E ratio to a company's peers in the industry. The DRH value stock report compares DRH to some of its peers using value stock charts. The market cap of DRH is $2.28 billion. DRH will post this quarters earnings in days, on 0000-00-00.