Sleeper Stocks: RLJ Lodging Trust (RLJ), Black Knight, Inc. (BKI)

RLJ Lodging Trust (RLJ) rose 0.11% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -10.22% and is now up by 11.4% since start of this year. A look at its monthly performance shows that the stock has recorded a -2.19% fall over the past 30 days. Its equity price dipped by -3.64% over the past three months which led to its overall six-month decrease to stand at -17.29%.

Experts from research firms are bullish about the near-term performance of RLJ Lodging Trust with most of them predicting a $21.11 price target on a short-term (12 months) basis. The average price target by the analysts will see a 15.54% rise in the stock and would lead to RLJ’s market cap to surge to $3.68B. The stock has been rated an average 2.3, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 10 analysts that track RLJ Lodging Trust (NYSE:RLJ) and find out that 5 of them rated it as a Hold. 5 of the 5 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at RLJ technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 45.4 point. Its trading volume has lost -584132 shares compared to readings over the past three months as it recently exchanged 1115868 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1700000 shares, and this is 0.66 times the normal volume.

Analysts have predicted a price target for Black Knight, Inc. (BKI) for 1 year and it stands at an average $58.6/share. This means that it would likely increase by 11.41% from its current position. The current price of the stock has been moving between $52.25 and $52.83. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $52. On the other hand, one analyst is super bullish about the price, setting a target as high as $65.

The BKI stock Stochastic Oscillator (%D) is at 61.08%, which means that it is currently neutral. The shares P/S ratio stands at 7.08 which compares to the 9372.17 recorded by the industry or the 154.63 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 23.28, which is lower than the 46.26 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 24.05% over the past five years.

Analysts view Black Knight, Inc. (NYSE:BKI) as a Buy, with 1.7 consensus rating. Reuters surveyed 16 analysts that follow BKI and found that 3 of those analysts rated the stock as a Hold. The remaining 13 were divided, with 13 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Black Knight, Inc. (BKI) shares or sell it if they already own it.