In a recent bid DiamondRock Hospitality Company [DRH] faced a contemporary bid of $5.02 yielding a 1.33% incline where 0.89 million shares have exchanged hands over the last week. DRH amount got a fall by -5.82% or -$0.31 versus $5.33 at the end of the prior session. This change led market cap to move at 1.09B, putting the price 156.12% below the 52-week high and -57.42% above the 52-week low. The company’s stock has a normal trading capacity of 0.89 million shares while the relative volume is 1.06.

On 30, September 2020, DiamondRock Hospitality Announces Third Quarter 2020 Earnings Release And Conference Call. According to news published on Yahoo Finance, DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) will report financial results for the third quarter 2020 on Thursday, November 5, 2020 after the market closes. A conference call for investors and other interested parties is scheduled for the next day, Friday, November 6, at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company’s earnings release, which will be available in the Investor Relations section of the Company’s website at www.drhc.com.

Analyst Birdseye View:

The most recent analyst activity for DiamondRock Hospitality Company [NYSE:DRH] stock was on July 24, 2020, when it was Downgrade with a Sell rating from SunTrust. On June 22, 2020, Barclays Upgrade an Overweight rating and boosted its price target on this stock to $8. On April 07, 2020, Wells Fargo Downgrade an Equal weight rating and decreased its price target from $9 to $5. On April 07, 2020, Citigroup Downgrade a Sell rating and decreased its price target to $4. On December 17, 2019, KeyBanc Capital Markets Upgrade a Sector weight rating. On November 22, 2019, Wells Fargo Upgrade an Outperform rating and boosted its target amount on this stock to $11. On August 19, 2019 Wells Fargo Resumed a Market perform rating and elevated its amount target to $9.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.96 and a peak of $11.79. Right now, according to Wall Street analyst the average 12-month amount target is $5.98. At the most recent market close, shares of DiamondRock Hospitality Company [NYSE:DRH] were valued at $5.02. According to the average price forecast, investors can expect a potential return of -6.22%.

FUNDAMENTAL ANALYSIS

DiamondRock Hospitality Company [NYSE:DRH] most recently reported quarterly sales of 20.38 billion, which represented growth of -92.10%. This publicly-traded organization’s revenue is $30,261,000 per employee, while its income is $5,914,677 per employee. This company’s Gross Margin is currently 15.60%, its Operating Margin is 15.10%, its Pretax Margin is +21.98, and its Net Margin is +19.55. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.54, 9.66, 2.41 and 6.24 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 38.43 and the whole liability to whole assets at 34.85. It shows enduring liability to the whole principal at 36.10 and enduring liability to assets at 0.33 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.25 points at 1st support level, the second support level is making up to 5.18. But as of 1st resistance point, this stock is sitting at 5.39 and at 5.45 for 2nd resistance point.

DiamondRock Hospitality Company [DRH] reported its earnings at -$0.36 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.34/share signifying the difference of -0.02 and -5.90% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.17 calling estimates for -$0.07/share with the difference of -0.1 depicting the surprise of -142.90%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.39, it’s amount to book ratio is 1.16 and showing 29.13 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Donnelly Jeffrey, EVP & Chief Financial Officer, and it was the purchase of 5000.0 shares on Sep 23.