RLJ Lodging Trust (NYSE: RLJ) has a higher price-to-earnings ratio of 31.03x compared to its average ratio, , and the 36-month beta value for RLJ is at 1.74. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The average price suggested by analysts for RLJ is $13.63, which is $3.72 above the current market price. The public float for RLJ is 153.04M, and currently, shorts hold a 8.26% of that float. The average trading volume for RLJ on September 19, 2023 was 2.01M shares.
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RLJ) stock’s latest price update
RLJ Lodging Trust (NYSE: RLJ)’s stock price has decreased by 0.00 compared to its previous closing price of 9.90. However, the company has seen a -2.27% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2023-08-29 that RLJ Lodging Trust is a full-service hospitality REIT with a portfolio of 96 hotels in 23 states, affiliated with premium brands like Marriott and Hilton. The company has an impressive liquidity position, low-interest rates on its debt, and has increased its dividend three times since 2022, making it an attractive investment. The company’s shares are also undervalued at present, further adding to its appeal.
RLJ’s Market Performance
RLJ’s stock has fallen by -2.27% in the past week, with a monthly rise of 2.27% and a quarterly drop of -0.80%. The volatility ratio for the week is 2.86% while the volatility levels for the last 30 days are 2.41% for RLJ Lodging Trust The simple moving average for the last 20 days is -0.21% for RLJ stock, with a simple moving average of -6.88% for the last 200 days.
RLJ Trading at -0.80% from the 50-Day Moving Average
After a stumble in the market that brought RLJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.37% of loss for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares surge +2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.00% lower at present.
During the last 5 trading sessions, RLJ fell by -2.32%, which changed the moving average for the period of 200-days by -18.36% in comparison to the 20-day moving average, which settled at $9.93. In addition, RLJ Lodging Trust saw -6.52% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RLJ starting from Gibson Patricia L, who purchase 5,000 shares at the price of $10.47 back on Sep 23. After this action, Gibson Patricia L now owns 79,635 shares of RLJ Lodging Trust, valued at $52,350 using the latest closing price.
Stock Fundamentals for RLJ
Current profitability levels for the company are sitting at:
- +10.11 for the present operating margin
- +14.86 for the gross margin
The net margin for RLJ Lodging Trust stands at +3.51. The total capital return value is set at 2.49, while invested capital returns managed to touch 0.91. Equity return is now at value 2.50, with 1.00 for asset returns.
Based on RLJ Lodging Trust (RLJ), the company’s capital structure generated 96.68 points at debt to equity in total, while total debt to capital is 49.16. Total debt to assets is 46.90, with long-term debt to equity ratio resting at 99.65. Finally, the long-term debt to capital ratio is 42.97.
When we switch over and look at the enterprise to sales, we see a ratio of 2.60, with the company’s debt to enterprise value settled at 0.60. The receivables turnover for the company is 34.29 and the total asset turnover is 0.24.
Conclusion
In conclusion, RLJ Lodging Trust (RLJ) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
