Press coverage about Red Lion Hotels (NYSE:RLH) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Red Lion Hotels earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.0649708444182 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several equities research analysts have recently issued reports on the stock. B. Riley restated a “buy” rating and issued a $12.50 target price on shares of Red Lion Hotels in a report on Monday, October 30th. Zacks Investment Research lowered shares of Red Lion Hotels from a “hold” rating to a “sell” rating in a report on Thursday, January 4th.
Red Lion Hotels (NYSE RLH) opened at $10.40 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.35 and a debt-to-equity ratio of 0.46. The company has a market cap of $245.71, a PE ratio of -57.77 and a beta of 0.87. Red Lion Hotels has a 12-month low of $6.15 and a 12-month high of $11.70.
Red Lion Hotels (NYSE:RLH) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, hitting 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 firm had revenue of $51.02 million for the quarter, compared to the consensus estimate of $50.69 million. equities research analysts expect that Red Lion Hotels will post -0.2 earnings per share for the current fiscal year.
In other Red Lion Hotels news, VP Thomas L. Mckeirnan sold 22,000 shares of Red Lion Hotels stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $9.22, for a total transaction of $202,840.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pacific Opportunity F. Columbia sold 300,000 shares of Red Lion Hotels stock in a transaction that occurred 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 sale, the director now 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. 14.70% of the stock is owned by insiders.
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Red Lion Hotels Company Profile
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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