FelCor Lodging Trust Incorporated (NYSE:FCH) is trading up 49.40% versus 12-month low of 5.33 and stands -5.69% lower from its 1-year peak of $8.44. The consensus price target (PT) of $7.43 means that the market expects Company shares to increase by -5.8% in the short run. The sell-side target prices range from $5.5 to $9. In the last month the stock has moved in price -2.33%, with a one year change of 23.08%. The last trading session volume compares with the 1.28M average and market worth floats around 1.09B.
FelCor Lodging Trust Incorporated (NYSE:FCH) gained 0.89% to reach at the trading price of $7.96 as it is set to release its next quarterly earnings report on March 02, 2017. FelCor Lodging Trust Incorporated stock trades in the range of $7.88 to $8.08 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $-0.05 a share with $199.72M in revenue.
FelCor Lodging Trust Incorporated (FCH) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast FelCor Lodging Trust Incorporated to earn $-0.08 per share (EPS) on revenue of $196.69M. The EPS consensus range is $-0.09-$-0.06 on revenue between $197.51M and $195.9M.
While if we look at the Earnings Track Record, FelCor Lodging Trust Incorporated (FCH) managed to surpass quarterly earnings per share estimates in 6 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 50%. Revenues hit $222.98M in the September 2017 quarter, which was above the consensus $219.99M projection. On the other hand, in the June 2017 quarter the company recorded a net $237.91M revenue.
FelCor Lodging Trust Incorporated (NYSE:FCH) Analyst Insights
The buoyancy in the outlook of FelCor Lodging Trust Incorporated (FCH) is getting weaker by the somewhat negative sentiment (2.90 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Neutral. JMP Securities has been covering shares of FCH, so it is most recent view is worth a look. In a research note issued on Jan 04, 2017, analysts at downgraded the stock to Mkt Perform from Outperform. Another noteworthy analyst activity was recorded on Sep 16, 2016. Downgraded the stock to Mkt Perform from Mkt Outperform.