Chasing The Bull’s Tail: DiamondRock Hospitality Company (DRH), Citrix Systems, Inc. (CTXS)

2 analysts out of 13 Wall Street brokerage firms rate DiamondRock Hospitality Company (NYSE:DRH) as a Buy, while 5 see it as a Sell. The rest 6 describe it as a Hold. DRH stock traded higher to an intra-day high of $10.95. At one point in session, its potential discontinued and the price was down to lows at $10.82. Analysts have set DRH’s consensus price at $10.19, effectively giving it a -6.86% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $12 (up 9.69% from current price levels).

It is expected that in Mar 2019 quarter DRH will have an EPS of $0.18, suggesting a 5.88% growth. For Jun 2019 is projected at $0.31. It means that there could be a -3.13% growth in the quarter. Yearly earnings are expected to rise by -0.98% to about $1.01. As for the coming year, growth will be about -0.99%, lifting earnings to $1. RSI after the last trading period was 53.43. DRH recorded a change of -1% over the past week and returned 12.67% over the last three months while the DRH stock’s monthly performance revealed a shift in price of 2.53%. The year to date (YTD) performance stands at 20.48%, and the bi-yearly performance specified an activity trend of -0.27% while the shares have moved 2.05% for the past 12 months.

DiamondRock Hospitality Company (DRH) currently trades at $10.94, which is higher by 0.37% its previous price. It has a total of 199.67 million outstanding shares, with an ATR of around 0.17. The company’s stock volume dropped to 0.73 million, worse than 2.76 million that represents its 50-day average. A 5-day decrease of about -1% in its price means DRH is now 20.48% higher on year-to-date. The shares have surrendered $43449.06 since its $12.99 52-week high price recorded on 4th of June 2018. Overall, it has seen a growth rate of 2.05 over the last 12 months. The current price per share is $2.25 above the 52 week low of $8.69 set on 26th of December 2018.

DiamondRock Hospitality Company (NYSE:DRH)’s EPS was $0.26 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.25. That means that its growth in general now stands at 4%. Therefore, a prediction of $0.25 given by the analysts brought a positive surprise of 4%. DRH December quarter revenue was $223.41 million, compared to $207.04 million recorded in same quarter last year, giving it a 8% growth rate. The company’s $16.37 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Citrix Systems, Inc. (NASDAQ:CTXS) shares appreciated 0.35% over the last trading period, taking overall 5-day performance up to 1.28%. CTXS’s price now at $102.27 is weaker than the 50-day average of $102.85. Getting the trading period increased to 200 days, the stock price was seen at $106.37 on average. The general public currently hold control of a total of 130.57 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 133.86 million. The company’s management holds a total of 0.8%, while institutional investors hold about 0% of the remaining shares. CTXS share price finished last trade 1.61% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -3.86%, while closing the session with -0.56% distance from 50 day simple moving average.

Citrix Systems, Inc. (CTXS) shares were last observed trading -12.45% down the peak of $116.82. Last month’s price growth of 0.6% puts CTXS performance for the year now at -0.19%. Consequently, the shares price is trending higher by 9.45%, a 52-week worst price. However, it is losing value with -1.95% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $100.55 and $101.41. The immediate resistance area is now $102.98 Williams’s %R (14) for CTXS moved to 56.61 while the stochastic %K points at 39.25.

CTXS’s beta is 1.03; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $3.76 per share from its yearly profit to its outstanding shares. Its last reported revenue is $801.87 million, which was 3% versus $777.86 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $1.67 compared to $1.66 in the year-ago quarter and had represented 1% year-over-year earnings per share growth.