Diamondrock Hospitality Co [NYSE: DRH] stock went on an upward path that rose over 1.04% on Tuesday, amounting to a one-week price decrease of less than -0.10%.
Over the last 12 months, DRH stock rose by 13.14%. The one-year Diamondrock Hospitality Co stock forecast points to a potential upside of 4.61. The average equity rating for DRH stock is currently 2.67, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $2.03 billion, with 207.28 million shares outstanding and 201.94 million shares in the current float. Compared to the average trading volume of 2.00M shares, DRH stock reached a trading volume of 10040615 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Diamondrock Hospitality Co [DRH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DRH shares is $10.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DRH stock is a recommendation set at 2.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Diamondrock Hospitality Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 22, 2024. The new note on the price target was released on November 15, 2024, representing the official price target for Diamondrock Hospitality Co stock. Previously, the target price had yet another raise to $10, while Compass Point analysts kept a Buy rating on DRH stock.
The Average True Range (ATR) for Diamondrock Hospitality Co is set at 0.24, with the Price to Sales ratio for DRH stock in the period of the last 12 months amounting to 1.82. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 0.57. Price to Free Cash Flow for DRH in the course of the last twelve months was 16.34.
DRH Stock Performance Analysis:
Diamondrock Hospitality Co [DRH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.10. With this latest performance, DRH shares gained by 5.08% in over the last four-week period, additionally plugging by 18.95% over the last 6 months – not to mention a rise of 13.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DRH stock in for the last two-week period is set at 66.99, with the RSI for the last a single of trading hit 71.23, and the three-weeks RSI is set at 64.02 for Diamondrock Hospitality Co [DRH]. The present Moving Average for the last 50 days of trading for this stock 9.05, while it was recorded at 9.62 for the last single week of trading, and 8.79 for the last 200 days.
DRH Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DRH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Diamondrock Hospitality Co go to 28.90%.
Diamondrock Hospitality Co [DRH] Institutonal Ownership Details
There are presently around $107.53%, or 110.22%% of DRH stock, in the hands of institutional investors. The top three institutional holders of DRH stocks are: BLACKROCK INC. with ownership of 38.2 million shares, which is approximately 18.0476%. VANGUARD GROUP INC, holding 34.1 million shares of the stock with an approximate value of $$288.17 million in DRH stocks shares; and VANGUARD GROUP INC, currently with $$104.88 million in DRH stock with ownership which is approximately 5.8635%.
