The leading market experts have placed a mean price target of $25.31 on LaSalle Hotel Properties (NYSE:LHO) 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 $0.62 a share for the upcoming quarter and $2.92 for the current fiscal.
The technical analysis of LaSalle Hotel Properties Common plainly substantiates that the 50-day moving average of LaSalle Hotel Properties Common is $27.68, and stock is trading $-2.52 points away or -9.09% from its 50-day moving average of $27.68. Further it is trading $0.08 or +0.30% away its 200-day moving average of $25.08. LaSalle Hotel Properties (NYSE:LHO) 52-week high is $32.37 and the 52-week low is $19.01.
This explains if the stock moves $-7.21, it will post a 52-week high. In event of +32.35% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of LaSalle Hotel Properties 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, LaSalle Hotel Properties (NYSE:LHO) ratio came in at 22.07.
The stock last ended the trading session at $25.16 and registered a market cap of $2.84B. 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. LaSalle Hotel Properties (NYSE:LHO) PEG ratio is at 2.19.
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