Trading Day Review: Chatham Lodging Trust (CLDT) Gains Momentum, Closing at 9.25

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The price of Chatham Lodging Trust (NYSE: CLDT) closed at $9.25 in the last session, up 0.98% from day before closing price of $9.16. In other words, the price has increased by $0.98 from its previous closing price. On the day, 0.53 million shares were traded. CLDT stock price reached its highest trading level at $9.38 during the session, while it also had its lowest trading level at $9.13.

Ratios:

We take a closer look at CLDT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.36. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.62.

On April 22, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $19.

Barclays Upgraded its Equal Weight to Overweight on September 01, 2021, while the target price for the stock was maintained at $16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 09 ’23 when Williams Ethel Isaacs sold 2,000 shares for $9.92 per share. The transaction valued at 19,840 led to the insider holds 10,205 shares of the business.

Brewer Edwin B JR bought 8,800 shares of CLDT for $166,760 on Jun 01 ’23. The Director now owns 18,800 shares after completing the transaction at $18.95 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLDT now has a Market Capitalization of 467051008 and an Enterprise Value of 917429184. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 2.961 whereas that against EBITDA is 10.162.

Stock Price History:

Over the past 52 weeks, CLDT has reached a high of $11.32, while it has fallen to a 52-week low of $8.92. The 50-Day Moving Average of the stock is -8.65%, while the 200-Day Moving Average is calculated to be -7.21%.

Shares Statistics:

According to the various share statistics, CLDT traded on average about 216.41K shares per day over the past 3-months and 251350 shares per day over the past 10 days. A total of 48.86M shares are outstanding, with a floating share count of 47.57M. Insiders hold about 2.72% of the company’s shares, while institutions hold 88.88% stake in the company. Shares short for CLDT as of 1711584000 were 541434 with a Short Ratio of 2.50, compared to 1709164800 on 556586. Therefore, it implies a Short% of Shares Outstanding of 541434 and a Short% of Float of 1.6500000000000001.

Dividends & Splits

The forward annual dividend rate for CLDT is 0.28, which was 0.28 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 7.57.

Earnings Estimates

The market rating for Chatham Lodging Trust (CLDT) is a result of the insights provided by CLDL analysts actively involved in the assessment.The consensus estimate for the next quarter is $38.53, with high estimates of $6.95 and low estimates of $24.91.

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