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 highest price target was 13, implying potential capital gains of 12.36 percent. The most pessimistic price target was 10, implying potential capital losses of -13.57 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Another thing investors often look at is the level of agreement among analysts' 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, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of DRH to grow at a rate of 90.21 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of DRH is 0.24.
DRH has traded between a high of 12.08 and a low of 8.73 over the past year. The current market price is above the trailing year's low by 32.53 percent, and below the high by 4.22 percent. 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.