Market Update: Summit Hotel Properties Inc (INN) Sees Negative Movement, Closing at 4.35

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Summit Hotel Properties Inc (NYSE: INN) closed at $4.35 down -2.90% from its previous closing price of $4.48. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.82 million shares were traded.

Ratios:

For a deeper understanding of Summit Hotel Properties Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.23. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.21.

Robert W. Baird Downgraded its Outperform to Neutral on January 12, 2023, while the target price for the stock was maintained at $8.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 10 ’25 when Bright Force Investment, LLC sold 21,207 shares for $6.38 per share. The transaction valued at 135,301 led to the insider holds 1,578,793 shares of the business.

Valuation Measures:

As of this moment, Summit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.53.

Stock Price History:

Over the past 52 weeks, INN has reached a high of $7.22, while it has fallen to a 52-week low of $3.57. The 50-Day Moving Average of the stock is -7.34%, while the 200-Day Moving Average is calculated to be -28.78%.

Shares Statistics:

A total of 112.22M shares are outstanding, with a floating share count of 106.22M. Insiders hold about 5.35% of the company’s shares, while institutions hold 89.62% stake in the company.

Earnings Estimates

Summit Hotel Properties Inc (INN) is currently under the scrutiny of 1 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.18, with 1 analysts recommending between -$0.18 and -$0.18.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $192.99M this quarter.It ranges from a high estimate of $193.17M to a low estimate of $192.81M. As of the current estimate, Summit Hotel Properties Inc’s year-ago sales were $193.9MFor the next quarter, 2 analysts are estimating revenue of $183.98M. There is a high estimate of $185.65M for the next quarter, whereas the lowest estimate is $182.32M.

A total of 4 analysts have provided revenue estimates for INN’s current fiscal year. The highest revenue estimate was $753M, while the lowest revenue estimate was $738.42M, resulting in an average revenue estimate of $746.63M. In the same quarter a year ago, actual revenue was $731.78MBased on 5 analysts’ estimates, the company’s revenue will be $767.09M in the next fiscal year. The high estimate is $778.05M and the low estimate is $751.61M.

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.