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.