DiamondRock Hospitality Company (NYSE:DRH) went up by 3.75% from its latest closing price compared to the recent 1-year high of $11.79. The company’s stock price has collected 12.15% of gains in the last five trading sessions. Press Release reported on 09/30/20 that DiamondRock Hospitality Announces Third Quarter 2020 Earnings Release And Conference Call
Is It Worth Investing in DiamondRock Hospitality Company (NYSE :DRH) Right Now?
DiamondRock Hospitality Company (NYSE:DRH) scored a price-to-earnings ratio above its average ratio, recording 28.74 x from its present earnings ratio. Plus, the 36-month beta value for DRH is at 1.65. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for DiamondRock Hospitality Company declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 5 as “sell.”
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The average price from analysts is $5.91, which is $0.51 above the current price. DRH currently public float of 196.00M and currently shorts hold a 3.54% ratio of that float. Today, the average trading volume of DRH was 2.29M shares.
DRH’s Market Performance
DRH stocks went up by 12.15% for the week, with a monthly drop of -0.38% and a quarterly performance of -1.68%, while its annual performance rate touched -47.29%. The volatility ratio for the week stands at 5.74% while the volatility levels for the past 30 days are set at 5.68% for DiamondRock Hospitality Company. The simple moving average for the period of the last 20 days is -0.52% for DRH stocks with a simple moving average of -21.27% for the last 200 days.
Analysts’ Opinion of DRH
Barclays, on the other hand, stated in their research note that they expect to see DRH reach a price target of $8. The rating they have provided for DRH stocks is “Overweight” according to the report published on June 22nd, 2020.
Wells Fargo gave a rating of “Equal Weight” to DRH, setting the target price at $5 in the report published on April 07th of the current year.
DRH Trading at 1.24% from the 50-Day Moving Average
After a stumble in the market that brought DRH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.39% of loss for the given period.
Volatility was left at 5.68%, however, over the last 30 days, the volatility rate increased by 5.74%, as shares sank -2.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.53% upper at present.
During the last 5 trading sessions, DRH rose by +12.15%, which changed the moving average for the period of 200-days by -51.52% in comparison to the 20-day moving average, which settled at $5.28. In addition, DiamondRock Hospitality Company saw -52.53% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DRH starting from Donnelly Jeffrey, who purchase 5,000 shares at the price of $4.77 back on Sep 23. After this action, Donnelly Jeffrey now owns 110,730 shares of DiamondRock Hospitality Company, valued at $23,845 using the latest closing price.
Stock Fundamentals for DRH
Current profitability levels for the company are sitting at:
- +7.70 for the present operating margin
- +30.91 for the gross margin
The net margin for DiamondRock Hospitality Company stands at +19.55. The total capital return value is set at 2.41, while invested capital returns managed to touch 6.24. Equity return is now at value 2.10, with 1.10 for asset returns.
Based on DiamondRock Hospitality Company (DRH), the company’s capital structure generated 62.42 points at debt to equity in total, while total debt to capital is 38.43. Total debt to assets is 34.85, with long-term debt to equity ratio resting at 58.63. Finally, the long-term debt to capital ratio is 36.10.
Currently, EBITDA for the company is 100.53M with total debt to EBITDA at 4.47. When we switch over and look at the enterrpise to sales, we see a ratio of 3.55, with the company’s debt to enterprise value settled at 0.36. The receivables turnover for the company is 10.53 and the total asset turnover is 0.28.