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 highest price target was 13, implying potential capital gains of 12.36 percent. The minimum price target given was 10, which equates to a potential downside of -13.57 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, 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. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. Today's price is 32.53 percent above the 52-week low, 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 market cap of DRH is $2.28 billion. DRH's next earnings release will be on 0000-00-00, which is days away.