Somewhat Positive Press Coverage Somewhat Unlikely to Affect Red Lion Hotels Corporation (RLH) Share Price
Press coverage about Red Lion Hotels Corporation (NYSE:RLH) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Red Lion Hotels Corporation earned a news impact score of 0.20 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.8125249582167 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of brokerages have commented on RLH. B. Riley set a $13.00 price objective on Red Lion Hotels Corporation and gave the company a “buy” rating in a report on Thursday, August 17th. Zacks Investment Research lowered Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a report on Thursday, June 29th. TheStreet raised Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th. Finally, ValuEngine raised Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th.
Red Lion Hotels Corporation (NYSE:RLH) last released its earnings results on Thursday, August 3rd. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.04. The business had revenue of $48.53 million during the quarter, compared to analysts’ expectations of $49.94 million. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%.
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Red Lion Hotels Corporation 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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