Diamondrock Hospitality Company (NYSE:DRH) Upgrades/Downgrades Update


Diamondrock Hospitality Company (NYSE:DRH) has a 1 Year Target Estimate of $9.84. The stock traded with the volume of 2.67 Million in the last trading session. Diamondrock Hospitality Company opened at $10.27 and closed by showing an increase of 1.76%. The Bid price in the last session was $10.42 x 26800 and the Ask price was $10.43 x 18800. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Diamondrock Hospitality Company has the Market Capitalization of 2.09 Billion. The Stock has its 52-week High of $11.25 and 52-Week Low of $7.28 and it touched its 52-week high on Dec 2, 2015 and 52-Week Low on Jan 20, 2016.

Diamondrock Hospitality Company reported its last Earnings on Nov 09 BMO where the company reported Actual EPS of $0.26/Share whereas, the Analyst Estimated EPS was $0.25/share. The difference between Actual EPS and Estimated EPS was $0.01/share. This represented an Earnings Surprise of 4%. The company will report its next earnings on Feb 21 – Feb 27 (Est.).

11 number of analysts also provided their insight on Diamondrock Hospitality Company, where the Average Price Target for the stock is $9.84. They also projected Low Price Target as $8 while High Price Target is set at $12.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 1 reported it as Buy.9 analysts assigned a HOLD rating, 2 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Diamondrock Hospitality Company annual Divided is 0.5 while it’s Dividend Yield is 4.79%. The stock has its Price to Earnings (P/E) ratio of 18.08 and Forward Price to Earnings ratio of 21.29. The company has its Price to Sales (P/S) ratio of 2.26 where Price to Book (P/B) ratio of 1.14, Price to Cash Per share (P/C) of 8.85 and Price to Free Cash Flow (P/FCF) has a value of 80.05.

The company has its Return on Assets (ROA) of 3.7 Percent. Return on Equity (ROE) stands at 6.4% and Return on Investment (ROI) displays a value of 4.6%.

The stock is currently trading at Distance from 20-Day simple moving Average of 6.97% whereas, Distance from 50-Day Simple moving average is 11.17 Percent and Distance from 200-Day Simple Moving Average of 12.47 percent.

A look at performance overview of Diamondrock Hospitality Company depicts that Performance (Week) is 3.78 percent while Performance Month is 15.12%. Quarterly performance shows a value of -0.57% and Half Year Performance value stands at 19.54%. Yearly performance of the stock has the value of -1.07 percent. Diamondrock Hospitality Company has its YTD performance of 12.69 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Director Shaw (William Joseph) did a transaction type “Buy” in which 4731 shares were traded at a price of $0. Another insider trade includes Director Raymond (Gilbert Terry) who also initiated a transaction in which 690 shares were traded on 11 Oct 2016 as “Buy”. On 11 Oct 2016 Director Mccarten (William W) traded 84 shares as “Buy” at $0. Director Mccarten (William W) Buy 79 shares on 11 Jul 2016 at the price of $0.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Morgan Stanley on 26-Sep-16 who Downgrade the stock from Equal-Weight to Underweight. Other firms have also Upgraded/Downgraded the stock. On 11-Jan-16, JMP Securities took an action “Downgrade” from Mkt Outperform to Mkt Perform. On 17-Dec-15, the stock was Downgrade to Hold by Stifel.