For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Summit Hotel Properties Inc (NYSE: INN) closed at $6.14 in the last session, down -0.49% from day before closing price of $6.17. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 0.63 million shares were traded. INN stock price reached its highest trading level at $6.23 during the session, while it also had its lowest trading level at $6.11.
Ratios:
We take a closer look at INN’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 13.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.31. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.58.
On January 12, 2023, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $8.
CapitalOne Downgraded its Overweight to Equal Weight on September 15, 2022, whereas the target price for the stock was revised from $14 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INN now has a Market Capitalization of 660620992 and an Enterprise Value of 2550943232. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 3.465 whereas that against EBITDA is 11.102.
Stock Price History:
Over the past 52 weeks, INN has reached a high of $7.26, while it has fallen to a 52-week low of $5.31. The 50-Day Moving Average of the stock is -4.69%, while the 200-Day Moving Average is calculated to be -1.39%.
Shares Statistics:
According to the various share statistics, INN traded on average about 776.30K shares per day over the past 3-months and 678440 shares per day over the past 10 days. A total of 107.59M shares are outstanding, with a floating share count of 104.43M. Insiders hold about 2.94% of the company’s shares, while institutions hold 92.44% stake in the company. Shares short for INN as of 1711584000 were 6320106 with a Short Ratio of 8.14, compared to 1709164800 on 6307252. Therefore, it implies a Short% of Shares Outstanding of 6320106 and a Short% of Float of 11.75.
Dividends & Splits
The forward annual dividend rate for INN is 0.24, which was 0.22 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 5.51.
Earnings Estimates
The current rating of Summit Hotel Properties Inc (INN) is the result of assessments by Inovio Pharmaceuticals, Inc. analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $42.91, with high estimates of $19.73 and low estimates of $42.34.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
