Diamondrock Hospitality Co (NYSE: DRH) is -5.43% lower on its value in year-to-date trading and has touched a low of $7.57 and a high of $9.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRH stock was last observed hovering at around $8.65 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $8.54, the stock is -2.07% and -4.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -1.27% at the moment leaves the stock -0.07% off its SMA200. DRH registered -5.00% loss for a year compared to 6-month gain of 3.57%.
The stock witnessed a -4.90% loss in the last 1 month and extending the period to 3 months gives it a -1.46%, and is 0.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.29% over the week and 2.20% over the month.
Diamondrock Hospitality Co (DRH) has around 33 employees, a market worth around $1.78B and $1.11B in sales. Current P/E ratio is 29.88 and Fwd P/E is 18.57. Profit margin for the company is 5.43%. Distance from 52-week low is 12.80% and -12.69% from its 52-week high. The company has generated returns on investments over the last 12 months (2.12%).
with sales reaching $272.23M over the same period.The EPS is expected to shrink by -9.18% this year, but quarterly earnings will post 4.48% year-over-year. Quarterly sales are estimated to grow 3.30% in year-over-year returns.
The shares outstanding are 207.28M, and float is at 201.68M with Short Float at 9.12%.
The top institutional shareholder in the company is BLACKROCK INC. with over 38.2 million shares valued at $322.8 million. The investor’s holdings represent 18.0476 of the DRH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 34.1 million shares valued at $288.17 million to account for 16.1115 of the shares outstanding. The other top investors are FMR LLC which holds 12.41 million shares representing 5.8635 and valued at over $104.88 million, while STATE STREET CORP holds 5.8307 of the shares totaling 12.31 million with a market value of $104.42 million.
