Chatham Lodging Trust [NYSE: CLDT] stock went on an upward path that rose over 0.94% on Wednesday, amounting to a one-week price decrease of less than -3.58%.
Over the last 12 months, CLDT stock dropped by -21.47%. The one-year Chatham Lodging Trust stock forecast points to a potential upside of 23.29. The average equity rating for CLDT stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $422.10 million, with 48.91 million shares outstanding and 47.63 million shares in the current float. Compared to the average trading volume of 384.06K shares, CLDT stock reached a trading volume of 278972 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Chatham Lodging Trust [CLDT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLDT shares is $11.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLDT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for Chatham Lodging Trust shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2024. The new note on the price target was released on July 20, 2023, representing the official price target for Chatham Lodging Trust stock. Previously, the target price had yet another raise to $19, while Oppenheimer analysts kept a Outperform rating on CLDT stock.
The Average True Range (ATR) for Chatham Lodging Trust is set at 0.23, with the Price to Sales ratio for CLDT stock in the period of the last 12 months amounting to 1.34. The Price to Book ratio for the last quarter was 0.55, with the Price to Cash per share for the same quarter was set at 0.59. Price to Free Cash Flow for CLDT in the course of the last twelve months was 10.69.
CLDT Stock Performance Analysis:
Chatham Lodging Trust [CLDT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.58. With this latest performance, CLDT shares dropped by -10.10% in over the last four-week period, additionally plugging by 2.01% over the last 6 months – not to mention a drop of -21.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLDT stock in for the last two-week period is set at 35.75, with the RSI for the last a single of trading hit 29.36, and the three-weeks RSI is set at 40.83 for Chatham Lodging Trust [CLDT]. The present Moving Average for the last 50 days of trading for this stock 9.02, while it was recorded at 8.69 for the last single week of trading, and 8.79 for the last 200 days.
CLDT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLDT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Chatham Lodging Trust go to 12.00%.
Chatham Lodging Trust [CLDT] Institutonal Ownership Details
There are presently around $92.75%, or 95.12%% of CLDT stock, in the hands of institutional investors. The top three institutional holders of CLDT stocks are: VANGUARD GROUP INC with ownership of 5.2 million shares, which is approximately 10.6271%. BLACKROCK INC., holding 5.16 million shares of the stock with an approximate value of $$43.99 million in CLDT stocks shares; and BLACKROCK INC., currently with $$28.37 million in CLDT stock with ownership which is approximately 6.8114%.
