RLJ Lodging Trust (RLJ) stock poised to deliver a potential return of 39.98%

At the time of writing, RLJ Lodging Trust [RLJ] stock is trading at $9.43, up 4.31%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RLJ shares have gain 6.19% over the last week, with a monthly amount glided 1.95%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

RLJ Lodging Trust [NYSE: RLJ] stock has seen the most recent analyst activity on September 13, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $9 from $11. Previously, Compass Point downgraded its rating to Neutral on August 05, 2024, and dropped its price target to $10. On January 10, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $15 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $13 on November 28, 2023. Oppenheimer downgraded its rating to a Perform. Oppenheimer started tracking with a Outperform rating for this stock on April 22, 2022, and assigned it a price target of $20. In a note dated January 14, 2022, Robert W. Baird upgraded an Outperform rating on this stock and boosted its target price from $17 to $18.

For the past year, the stock price of RLJ Lodging Trust fluctuated between $8.79 and $12.39. Currently, Wall Street analysts expect the stock to reach $13.2 within the next 12 months. RLJ Lodging Trust [NYSE: RLJ] shares were valued at $9.43 at the most recent close of the market. An investor can expect a potential return of 39.98% based on the average RLJ price forecast.

Analyzing the RLJ fundamentals

According to RLJ Lodging Trust [NYSE:RLJ], the company’s sales were 1.35B for trailing twelve months, which represents an 3.46% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.20 points at the first support level, and at 8.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.56, and for the 2nd resistance point, it is at 9.68.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 36.07.

Transactions by insiders

Recent insider trading involved Collins Arthur Reginald, Director, that happened on Dec 22 ’23 when 25000.0 shares were sold. Director, DAVIS NATHANIEL A completed a deal on Nov 10 ’23 to sell 39594.0 shares.

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