Diamondrock Hospitality Company (NYSE:DRH) Projected EPS At $0.24 For Next Quarter


Diamondrock Hospitality Company (NYSE:DRH) has a mean price target of $10.14 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.24 a share for the very next quarter and $1.02 for this year.

Technical View

The technical study of Diamondrock Hospitality Company demonstrates that the 50-day moving average of Diamondrock Hospitality Company (NYSE:DRH) stock is $10.18, and is trading $-0.76 points away or -7.46% from 50-day moving average of $10.18. It is trading $-0.09 or -0.92% away 200-day moving average of $9.51.

The 52-week high of Diamondrock Hospitality Company (NYSE:DRH) was $12.84 while $7.28 is the low mark in the same period. It state Diamondrock Hospitality Company share price has to surge more than $-3.42 to hit 52-week high or drop +29.40% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Diamondrock Hospitality Company, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Diamondrock Hospitality Company (NYSE:DRH) ratio came in at 17.13, after dividing current equity price by yearly earnings. Diamondrock Hospitality Company stock recorded a close of $9.42 in last trading session, registering a market cap of $1.89B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Diamondrock Hospitality Company (NYSE:DRH) PEG ratio is at 8.27.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 18 times, 1 visits today)