Ryman Hospitality Properties Inc (NYSE: RHP) has a higher price-to-earnings ratio of 21.50x compared to its average ratio, The 36-month beta value for RHP is at 1.65. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for RHP is 58.04M, and currently, shorts hold a 3.82% of that float. The average trading volume for RHP on August 01, 2024 was 470.25K shares.
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RHP) stock’s latest price update
Ryman Hospitality Properties Inc (NYSE: RHP) has seen a rise in its stock price by 3.42 in relation to its previous close of 100.51. However, the company has experienced a 3.95% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-01 that This press release corrects a clerical error regarding the omission of pro rata adjustments from joint ventures and loss on extinguishment of debt in the reconciliation to net income of funds from operations and adjusted funds from operations in the prior version of the press release issued on July 31, 2024. There are no other changes to the prior version of the press release, and the amount of funds from operations and adjusted funds from operations for the periods presented remains unchanged from the prior version of the press release. The updated release reads:
RHP’s Market Performance
Ryman Hospitality Properties Inc (RHP) has experienced a 3.95% rise in stock performance for the past week, with a 5.98% rise in the past month, and a -1.53% drop in the past quarter. The volatility ratio for the week is 2.58%, and the volatility levels for the past 30 days are at 2.48% for RHP. The simple moving average for the past 20 days is 2.67% for RHP’s stock, with a -1.52% simple moving average for the past 200 days.
Analysts’ Opinion of RHP
Many brokerage firms have already submitted their reports for RHP stocks, with JP Morgan repeating the rating for RHP by listing it as a “Neutral.” The predicted price for RHP in the upcoming period, according to JP Morgan is $102 based on the research report published on December 14, 2023 of the previous year 2023.
Wedbush, on the other hand, stated in their research note that they expect to see RHP reach a price target of $94. The rating they have provided for RHP stocks is “Outperform” according to the report published on October 03rd, 2023.
Wolfe Research gave a rating of “Outperform” to RHP, setting the target price at $98 in the report published on September 28th of the previous year.
RHP Trading at 2.61% from the 50-Day Moving Average
After a stumble in the market that brought RHP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.43% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares surge +4.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.50% lower at present.
During the last 5 trading sessions, RHP rose by +3.39%, which changed the moving average for the period of 200-days by +23.16% in comparison to the 20-day moving average, which settled at $101.47. In addition, Ryman Hospitality Properties Inc saw -5.56% 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 RHP starting from HASLAM WILLIAM E, who purchase 9,972 shares at the price of $100.28 back on Jun 13 ’24. After this action, HASLAM WILLIAM E now owns 22,790 shares of Ryman Hospitality Properties Inc, valued at $999,989 using the latest closing price.
Pantoya Christine, the Director of Ryman Hospitality Properties Inc, sale 1,491 shares at $105.94 during a trade that took place back on Jun 03 ’24, which means that Pantoya Christine is holding 4,973 shares at $157,957 based on the most recent closing price.
Stock Fundamentals for RHP
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.27 for the gross margin
The net margin for Ryman Hospitality Properties Inc stands at 0.13. The total capital return value is set at 0.1. Equity return is now at value 93.08, with 6.42 for asset returns.
Based on Ryman Hospitality Properties Inc (RHP), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 6.37. The interest coverage ratio of the stock is 1.93.
Currently, EBITDA for the company is 664.91 million with net debt to EBITDA at 4.44. When we switch over and look at the enterprise to sales, we see a ratio of 4.17. The receivables turnover for the company is 11.78for trailing twelve months and the total asset turnover is 0.43.
Conclusion
In conclusion, Ryman Hospitality Properties Inc (RHP) has had a mixed 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.
