Analysis and Insights
News and Event Impact:
Inclusion in S&P SmallCap 600: Ryman Hospitality Properties (RHP) will be added to the S&P SmallCap 600 index effective March 24. This inclusion is expected to increase investor visibility and potentially attract passive inflows from index funds tracking the index.
Revenue Growth Forecast: RHP anticipates a year-over-year total revenue per available room (revpar) growth of 1.75-4.25% for FY25. However, analysts have lowered their price targets, with Wedbush reducing it to $115 and Truist to $133, despite the company reporting record revenue in 2024.
Partha Mohanram's Analysis: RHP is rated 55% using the P/B Growth Investor model, indicating moderate interest based on its fundamentals and valuation in the Real Estate Operations industry.
Technical Analysis:
- RSI: The RSI values (37.54 for RSI_6, 39.58 for RSI_12, and 39.76 for RSI_14) indicate that the stock is in a bearish momentum.
- MACD: The MACD is negative at -1.72, signaling bearish momentum.
- Stochastic Oscillator: The %K (26.40) and %D (28.27) are in the oversold region, suggesting a potential reversal.
- Fibonacci Levels: The pivot point is at 96.90, with resistance levels at 100.82 and 103.24, and support at 92.98 and 90.56.
Price Prediction and Recommendation:
Based on the technical indicators and news sentiment, RHP is expected to trade between $96 and $100 next week. The bearish momentum and oversold conditions suggest a potential short-term bounce, but the overall trend remains cautious.
Recommendation: Sell RHP.N with a target price of $96.00.
Analysis and Insights
News and Event Impact:
Inclusion in S&P SmallCap 600: Ryman Hospitality Properties (RHP) will be added to the S&P SmallCap 600 index effective March 24. This inclusion is expected to increase investor visibility and potentially attract passive inflows from index funds tracking the index.
Revenue Growth Forecast: RHP anticipates a year-over-year total revenue per available room (revpar) growth of 1.75-4.25% for FY25. However, analysts have lowered their price targets, with Wedbush reducing it to $115 and Truist to $133, despite the company reporting record revenue in 2024.
Partha Mohanram's Analysis: RHP is rated 55% using the P/B Growth Investor model, indicating moderate interest based on its fundamentals and valuation in the Real Estate Operations industry.
Technical Analysis:
- RSI: The RSI values (37.54 for RSI_6, 39.58 for RSI_12, and 39.76 for RSI_14) indicate that the stock is in a bearish momentum.
- MACD: The MACD is negative at -1.72, signaling bearish momentum.
- Stochastic Oscillator: The %K (26.40) and %D (28.27) are in the oversold region, suggesting a potential reversal.
- Fibonacci Levels: The pivot point is at 96.90, with resistance levels at 100.82 and 103.24, and support at 92.98 and 90.56.
Price Prediction and Recommendation:
Based on the technical indicators and news sentiment, RHP is expected to trade between $96 and $100 next week. The bearish momentum and oversold conditions suggest a potential short-term bounce, but the overall trend remains cautious.
Recommendation: Sell RHP.N with a target price of $96.00.