Why RLJ Lodging Trust (NYSE:RLJ) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $22.290 on RLJ Lodging Trust (NYSE:RLJ) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.270 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of RLJ Lodging Trust (NYSE:RLJ) stands at 14.956.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For RLJ Lodging Trust Common Shares, the PEG ratio for coming 3-5 years is 1.190.

Technical Analysis

The technical analysis highlights that RLJ Lodging Trust Common Shares current is trading $0.229 points away or +0.980% from its 50-day moving average of $23.326. Further it is trading $1.764 or +8.097% away its 200-day moving average of $21.791.

The 52-week high of RLJ Lodging Trust (NYSE:RLJ) was $28.960 while lowest point recorded in 52-week was $16.150. It implies if stock price makes a movement of over $-5.405, it will record a new 52-week high. In the case of +45.851% drop, it will touch a new 52-week low.

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