RLJ Lodging Trust (NYSE:RLJ) has a mean price target of $22.29 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.26 a share for the very next quarter and $1.27 for this year.
The technical study of RLJ Lodging Trust Common Shares demonstrates that the 50-day moving average of RLJ Lodging Trust (NYSE:RLJ) stock is $23.13, and is trading $-1.68 points away or -7.28% from 50-day moving average of $23.13. It is trading $-0.64 or -2.91% away 200-day moving average of $22.09.
The 52-week high of RLJ Lodging Trust (NYSE:RLJ) was $28.96 while $16.15 is the low mark in the same period. It state RLJ Lodging Trust Common Shares share price has to surge more than $-7.51 to hit 52-week high or drop +32.82% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of RLJ Lodging Trust Common Shares, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. RLJ Lodging Trust (NYSE:RLJ) ratio came in at 13.62, after dividing current equity price by yearly earnings. RLJ Lodging Trust Common Shares stock recorded a close of $21.45 in last trading session, registering a market cap of $2.66B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. RLJ Lodging Trust (NYSE:RLJ) PEG ratio is at 1.09.
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