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.

Investment analysts gave a few price targets for DRH. The maximum price target given was 13, which equates to a potential upside of 12.36 percent. The most pessimistic price target was 10, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.51 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.02 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

DRH has an estimated earnings growth rate of 90.21 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. DRH has a PEG ratio of 0.24.

In the last 52-weeks, DRH has achieved a high of 12.08 and a low of 8.73. The current market price is above the trailing year's low by 32.53 percent, and 4.22 percent below the high. DRH has a price/earnings 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 stock has a market capitalization of $2.28 billion. DRH's next earnings release will be on 0000-00-00, which is days away.