Red Lion Hotels Corporation (RLH) Getting Somewhat Favorable Press Coverage, Report Shows
News stories about Red Lion Hotels Corporation (NYSE:RLH) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive 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 positive one, with scores closest to one being the most favorable. Red Lion Hotels Corporation earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.2239387984994 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Red Lion Hotels Corporation (NYSE:RLH) traded up $0.15 on Monday, reaching $8.40. 31,400 shares of the company’s stock were exchanged, compared to its average volume of 64,239. The company has a quick ratio of 1.35, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. Red Lion Hotels Corporation has a one year low of $6.15 and a one year high of $9.40.
Red Lion Hotels Corporation (NYSE:RLH) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. The business had revenue of $51.02 million during the quarter, compared to analyst estimates of $50.69 million. Red Lion Hotels Corporation had a negative net margin of 1.81% and a negative return on equity of 2.53%. research analysts anticipate that Red Lion Hotels Corporation will post -0.22 earnings per share for the current year.
A number of analysts recently commented on RLH shares. B. Riley reissued a “buy” rating and set a $12.50 price objective on shares of Red Lion Hotels Corporation in a report on Tuesday, August 1st. TheStreet upgraded shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research report on Saturday, August 19th. Finally, ValuEngine upgraded shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th.
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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