Diamondrock Hospitality Co (NYSE: DRH) on Tuesday, plunged -1.50% from the previous trading day, before settling in for the closing price of $9.35. Within the past 52 weeks, DRH’s price has moved between $7.74 and $9.99.
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A company in the Real Estate sector has jumped its sales by 22.76% annually for the last half of the decade. The company achieved an average annual earnings per share of -11.36%. With a float of $201.94 million, this company’s outstanding shares have now reached $209.63 million.
In an organization with 33 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.85%, operating margin of -4.86%, and the pretax margin is 6.38%.
Diamondrock Hospitality Co (DRH) Insider and Institutional Ownership
Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Diamondrock Hospitality Co is 2.72%, while institutional ownership is 105.19%.
Diamondrock Hospitality Co (DRH) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period topping the consensus outlook (set at 0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.00% during the next five years compared to -3.28% drop over the previous five years of trading.
Diamondrock Hospitality Co (NYSE: DRH) Trading Performance Indicators
Diamondrock Hospitality Co (DRH) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.72. Likewise, its price to free cash flow for the trailing twelve months is 15.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.48 in one year’s time.
Technical Analysis of Diamondrock Hospitality Co (DRH)
Let’s dig in a bit further. During the last 5-days, its volume was 1.9 million. That was better than the volume of 1.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.43%. Additionally, its Average True Range was 0.22.
During the past 100 days, Diamondrock Hospitality Co’s (DRH) raw stochastic average was set at 85.96%, which indicates a significant increase from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.01% in the past 14 days, which was lower than the 26.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.95, while its 200-day Moving Average is $8.78. However, in the short run, Diamondrock Hospitality Co’s stock first resistance to watch stands at $9.33. Second resistance stands at $9.44. The third major resistance level sits at $9.52. If the price goes on to break the first support level at $9.14, it is likely to go to the next support level at $9.06. The third support level lies at $8.95 if the price breaches the second support level.
Diamondrock Hospitality Co (NYSE: DRH) Key Stats
Market capitalization of the company is 1.92 billion based on 207,592K outstanding shares. Right now, sales total 1,075 M and income totals 86,340 K. The company made 285,130 K in profit during its latest quarter, and 26,430 K in sales during its previous quarter.
