Headlines about Red Lion Hotels Corporation (NYSE:RLH) have trended positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Red Lion Hotels Corporation earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.1080584741507 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of research analysts recently issued reports on RLH shares. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.25 target price on the stock in a research report on Wednesday, June 7th. B. Riley set a $13.00 price objective on shares of Red Lion Hotels Corporation and gave the stock a “buy” rating in a report on Thursday. Finally, TheStreet upgraded shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th.
Red Lion Hotels Corporation (RLH) opened at 6.95 on Friday. The firm’s market cap is $164.10 million. The firm’s 50-day moving average is $7.12 and its 200 day moving average is $6.98. Red Lion Hotels Corporation has a 12-month low of $6.15 and a 12-month high of $9.40.
Red Lion Hotels Corporation (NYSE:RLH) last announced its earnings results on Thursday, August 3rd. The company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%. The firm had revenue of $48.53 million for the quarter, compared to analysts’ expectations of $49.94 million. Equities analysts forecast that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current year.
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Red Lion Hotels Corporation Company Profile
RLH Corporation (RLHC), formerly Red Lion Hotels Corporation, 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).
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