News stories about Red Lion Hotels (NYSE:RLH) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Red Lion Hotels earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.0649708444182 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Red Lion Hotels from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine lowered shares of Red Lion Hotels from a “hold” rating to a “sell” rating in a report on Friday, September 15th. Finally, B. Riley reaffirmed a “buy” rating and set a $12.50 price objective on shares of Red Lion Hotels in a report on Monday, October 30th.
Shares of Red Lion Hotels (NYSE:RLH) traded up $0.05 on Friday, reaching $10.15. 128,003 shares of the company’s stock were exchanged, compared to its average volume of 69,826. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.35 and a current ratio of 1.36. Red Lion Hotels has a twelve month low of $6.15 and a twelve month high of $10.15. The stock has a market cap of $238.62, a price-to-earnings ratio of -56.39 and a beta of 0.77.
Red Lion Hotels (NYSE:RLH) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. Red Lion Hotels had a negative net margin of 1.81% and a negative return on equity of 2.53%. The business had revenue of $51.02 million during the quarter, compared to analyst estimates of $50.69 million. equities research analysts expect that Red Lion Hotels will post -0.2 EPS for the current year.
In related news, VP Thomas L. Mckeirnan sold 22,000 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $9.22, for a total value of $202,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Pacific Opportunity F. Columbia sold 300,000 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $8.30, for a total transaction of $2,490,000.00. Following the completion of the transaction, the director now directly owns 1,510,105 shares of the company’s stock, valued at $12,533,871.50. The disclosure for this sale can be found here. Company insiders own 14.70% of the company’s stock.
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About Red Lion Hotels
Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.
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