Stock To Watch: Diamondrock Hospitality Company (NYSE:DRH)


The leading market experts have placed a mean price target of $10.27 on Diamondrock Hospitality Company (NYSE:DRH) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.28 a share for the upcoming quarter and $1.07 for the current fiscal. Technical View The technical analysis of Diamondrock Hospitality Company plainly substantiates that the 50-day moving average of Diamondrock Hospitality Company is $9.17, and stock is hovering -0.09 or -0.94% distant from $9.17. It is noted that the 200-day MA is $9.19, and Diamondrock Hospitality Company stock is $-0.11 or -1.23% off from this point. Diamondrock Hospitality Company (NYSE:DRH) 52-week high is $13.86 and the 52-week low is $7.28. This explains if the stock moves $-4.78, it will post a 52-week high. In event of $+24.73% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Diamondrock Hospitality Company, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Diamondrock Hospitality Company (NYSE:DRH) ratio came in at 19.87. The stock last ended the trading session at $9.08 and registered a market cap of $1.82B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Diamondrock Hospitality Company (NYSE:DRH) PEG ratio is at 1.52.

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...

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