Stock To Watch: Chesapeake Lodging Trust (NYSE:CHSP)


The leading market experts have placed a mean price target of $22.63 on Chesapeake Lodging Trust (NYSE:CHSP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.28 a share for the upcoming quarter and $1.31 for the current fiscal.

Technical View

The technical analysis of Chesapeake Lodging Trust Common plainly substantiates that the 50-day moving average of Chesapeake Lodging Trust Common is $24.72, and stock is trading $0.38 points away or +1.52% from its 50-day moving average of $24.72. Further it is trading $0.32 or +1.28% away its 200-day moving average of $24.78. Chesapeake Lodging Trust (NYSE:CHSP) 52-week high is $31.69 and the 52-week low is $21.55.

This explains if the stock moves $-6.59, it will post a 52-week high. In event of +16.47% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Chesapeake Lodging Trust Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Chesapeake Lodging Trust (NYSE:CHSP) ratio came in at 21.00.

The stock last ended the trading session at $25.10 and registered a market cap of $1.47B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Chesapeake Lodging Trust (NYSE:CHSP) PEG ratio is at 2.39.

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