The stock of Diamondrock Hospitality Co (DRH) has gone up by 4.69% for the week, with a 3.50% rise in the past month and a 14.64% rise in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are 2.18% for DRH. The simple moving average for the past 20 days is 2.45% for DRH’s stock, with a 4.29% simple moving average for the past 200 days.
Is It Worth Investing in Diamondrock Hospitality Co (NYSE: DRH) Right Now?
The price-to-earnings ratio for Diamondrock Hospitality Co (NYSE: DRH) is 32.05x, which is above its average ratio. Moreover, the 36-month beta value for DRH is 1.61. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 8 as “hold,” and 3 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for DRH is 201.91M and currently, short sellers hold a 9.25% of that float. On November 13, 2024, DRH’s average trading volume was 1.76M shares.
DRH) stock’s latest price update
The stock of Diamondrock Hospitality Co (NYSE: DRH) has decreased by -0.97 when compared to last closing price of 9.25. Despite this, the company has experienced a 4.69% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-08 that DiamondRock Hospitality Company (NYSE:DRH ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn – CFO Jeff Donnelly – CEO Justin Leonard – President and COO Conference Call Participants Dori Kesten – Wells Fargo Securities Austin Wurschmidt – KeyBanc Capital Markets Smedes Rose – Citi Duane Pfennigwerth – Evercore ISI Chris Woronka – Deutsche Bank Michael Bellisario – Baird Chris Darling – Green Street Advisors Operator Good day and thank you for standing by. Welcome to the DiamondRock Hospitality Company Third Quarter 2024 Earnings Conference Call.
Analysts’ Opinion of DRH
Many brokerage firms have already submitted their reports for DRH stocks, with Compass Point repeating the rating for DRH by listing it as a “Buy.” The predicted price for DRH in the upcoming period, according to Compass Point is $10 based on the research report published on August 05, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see DRH reach a price target of $11. The rating they have provided for DRH stocks is “Outperform” according to the report published on January 10th, 2024.
Wells Fargo gave a rating of “Equal Weight” to DRH, setting the target price at $9 in the report published on December 08th of the previous year.
DRH Trading at 3.99% 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 -8.31% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +2.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.90% upper at present.
During the last 5 trading sessions, DRH rose by +4.69%, which changed the moving average for the period of 200-days by -2.35% in comparison to the 20-day moving average, which settled at $8.94. In addition, Diamondrock Hospitality Co saw -2.45% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DRH
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.39 for the gross margin
The net margin for Diamondrock Hospitality Co stands at 0.06. The total capital return value is set at -0.02. Equity return is now at value 4.27, with 2.19 for asset returns.
Currently, EBITDA for the company is 263.62 million with net debt to EBITDA at -0.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.64.
Conclusion
To wrap up, the performance of Diamondrock Hospitality Co (DRH) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
