Trade-Ideas: Ryman Hospitality Properties (RHP) Is Today's New Lifetime High Stock
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Ryman Hospitality Properties as such a stock due to the following factors:
- RHP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $30.9 million.
- RHP has traded 3,956 shares today.
- RHP is trading at a new lifetime high.
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More details on RHP:
Ryman Hospitality Properties, Inc. owns and operates hotels in the United States. The stock currently has a dividend yield of 4.4%. RHP has a PE ratio of 27.5. Currently there is 1 analyst that rates Ryman Hospitality Properties a buy, no analysts rate it a sell, and 4 rate it a hold.
The average volume for Ryman Hospitality Properties has been 420,900 shares per day over the past 30 days. Ryman has a market cap of $3.0 billion and is part of the financial sector and real estate industry. Shares are up 15.5% year-to-date as of the close of trading on Tuesday.
Analysis:
rates Ryman Hospitality Properties as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
Highlights from the ratings report include:
- Powered by its strong earnings growth of 152.08% and other important driving factors, this stock has surged by 40.88% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, RHP should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- RYMAN HOSPITALITY PPTYS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, RYMAN HOSPITALITY PPTYS INC increased its bottom line by earning $2.16 versus $1.77 in the prior year. This year, the market expects an improvement in earnings ($2.49 versus $2.16).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 107.8% when compared to the same quarter one year prior, rising from $30.16 million to $62.68 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 9.9%. Since the same quarter one year prior, revenues slightly increased by 9.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, RYMAN HOSPITALITY PPTYS INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- You can view the full Ryman Hospitality Properties Ratings Report.
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