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 analyst gave a price target of 13, implying a possible profit of 12.36 percent. The minimum price target given 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.51 percent. 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. 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 made negative revisions to their fiscal year's estimates.
DRH has an estimated earnings growth rate of 90.21 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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. People often look for the PEG ratio to be under 1, 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 a 52-week high of 12.08 and a 52-week low of 8.73. Currently the stock is 32.53 percent higher than its low, and 4.22 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.