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Trader Alert: DiamondRock Hospitality Company (DRH), KapStone Paper and Packaging Corporation (KS), E*TRADE Financial Corporation (ETFC)

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DiamondRock Hospitality Company (DRH) grew with the stock adding 0.98% or $0.11 to close at $11.3 on active trading volume of 3.23M compared its three months average trading volume of 2.94M. The Bethesda Maryland 20814 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 47.41% up for the period and down by -1.99% so far this year. With price target of $11.06 and a 53.29% rebound from 52-week low, DiamondRock Hospitality Company has plenty of upside potential, making it a hold with a view buy.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms. The company qualifies as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2004 and is based in Bethesda, Maryland.

KapStone Paper and Packaging Corporation (KS) dropped $-1.07 to close the day at a new closing price of $22.73, a -4.5% decrease in value from its previous closing price that moved the stock 160.48% above its 52 week low of $8.95. A total of 3.21M shares exchanged hands during the day compared with its three month average trading volume of 926.16K. The stock, which fluctuated between $21.62 and $23.66 during the day, currently situated -9.01% below its 52 week high. The stock is up by 1.56% in the past one month and up by 21.76% over the past three months. With a one year target estimate of $25.28 and RSI of 45.14, the stock still has upside potential, making it a hold for now.

KapStone Paper and Packaging Corporation manufactures and sells containerboards, corrugated products, and specialty paper products in the United States and internationally. The company operates in two segments, Paper and Packaging, and Distribution. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products. It also offers specialty paper products, including kraft paper comprising multiwall paper used to produce bags for agricultural products, pet food, baking products, cement and chemicals, and grocery bags; specialty conversion products, such as wrapping paper products, dunnage bags, and roll wraps; and lightweight paper. In addition, this segment provides saturating kraft paper under the Durasorb trade name for use in construction, electronics manufacturing, and furniture manufacturing industries; and unbleached folding carton board under the Kraftpak trade name to integrated and independent converters in the folding carton industry. The Distribution segment distributes corrugated and other specialty packaging products, which include stretch films, void fills, carton sealing tapes, and other specialty tapes to the packaging services and distribution industry. KapStone Paper and Packaging Corporation was founded in 2005 and is headquartered in Northbrook, Illinois.

E*TRADE Financial Corporation (ETFC) shares were up in last trading by 2.11% to $35.8. It experienced lighter than average volume on day. The stock increased in value by almost 4.53% over the past week and fell -2.69% in the past month. It is currently trading 0.25% above its 50 day moving average and 23.1% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.28% decrease in value from its one year high of $38.61. The RSI indicator value of 47.89, lead us to believe that it is a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

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