At the time of writing, Diamondrock Hospitality Co. [DRH] stock is trading at $9.10, up 2.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DRH shares have gain 4.36% over the last week, with a monthly amount glided 5.69%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Diamondrock Hospitality Co. [NYSE: DRH] stock has seen the most recent analyst activity on August 05, 2024, when Compass Point upgraded its rating to a Buy but kept the price target unchanged to $10 for it. Previously, Wolfe Research started tracking the stock with Outperform rating on January 10, 2024, and set its price target to $11. On December 08, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $9 on the stock. Wells Fargo upgraded its rating to a Overweight and decreased its price target to $9 on March 30, 2023. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $10 as its price target on December 05, 2022. Evercore ISI upgraded its rating to Outperform for this stock on October 18, 2022. In a note dated August 29, 2022, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $11 to $10.
For the past year, the stock price of Diamondrock Hospitality Co. fluctuated between $7.33 and $9.99. Currently, Wall Street analysts expect the stock to reach $10.5 within the next 12 months. Diamondrock Hospitality Co. [NYSE: DRH] shares were valued at $9.10 at the most recent close of the market. An investor can expect a potential return of 15.38% based on the average DRH price forecast.
Analyzing the DRH fundamentals
According to Diamondrock Hospitality Co. [NYSE:DRH], the company’s sales were 1.11B for trailing twelve months, which represents an 6.19% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.97 points at the first support level, and at 8.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.18, and for the 2nd resistance point, it is at 9.26.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 31.52.
