Last Updated: 18 Sep 2024
Executive Summary
Ryman Hospitality Properties Inc. (NYSE: RHP) is a leading hospitality and hospitality real estate investment trust specializing in exclusive convention centers and country music entertainment experiences. With a market capitalization of $6.17 billion, the company has a strong financial performance with an EBITDA of $716.8 million and a net income of $358.4 million in the last twelve months. The stock is currently trading at $103.79, below its 52-week high of $120.36. Analysts have a positive outlook on the company, with a consensus price target of $126.
Company Overview
Ryman Hospitality Properties owns and operates a portfolio of 26 hotels and resorts, as well as six convention centers. The company's properties are located in major cities across the United States, including Nashville, New York, Chicago, and Los Angeles. Ryman Hospitality also owns and operates the Grand Ole Opry, the world's most famous country music venue.
Fundamental Analysis
Ryman Hospitality Properties has a strong financial performance. The company's revenue has grown by an average of 5.5% over the past five years, and its net income has grown by an average of 10.2% over the same period. The company's EBITDA margin is 31.1%, and its net profit margin is 15.6%. Ryman Hospitality Properties has a strong balance sheet with $1.2 billion in cash and equivalents and $2.6 billion in total debt. The company's debt-to-equity ratio is 0.56, which is below the industry average.
Technical Analysis
The technical analysis of Ryman Hospitality Properties' stock shows that the stock is in a downtrend. The stock has been trading below its 50-day and 200-day moving averages for the past several months. The stock's relative strength index (RSI) is 34.5, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Ryman Hospitality Properties is mixed. The company's financial performance is strong, but the stock is in a downtrend. The stock's RSI is oversold, which could indicate that the stock is due for a rebound. However, the stock's moving averages are below their respective resistance levels, which could indicate that the stock is still in a downtrend.
Long Term Outlook
The long-term outlook for Ryman Hospitality Properties is positive. The company's financial performance is strong, and the company has a strong portfolio of assets. The company's expansion plans should continue to drive growth in the future.
Analyst Recommendations
Analysts have a positive outlook on Ryman Hospitality Properties. The consensus price target for the stock is $126, which represents a potential upside of 21.5% from the current price. Four analysts have a "Strong Buy" rating on the stock, four analysts have a "Buy" rating, and one analyst has a "Hold" rating.
