Ashford Hospitality Trust Inc (NYSE: AHT)’s stock price has soared by 5.71 in relation to previous closing price of 1.40. Nevertheless, the company has seen a gain of 12.12% in its stock price over the last five trading days. PRNewsWire reported 2024-03-26 that DALLAS, March 26, 2024 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced details for the release of its results for the first quarter ended March 31, 2024. Ashford Trust plans to issue its earnings release for the first quarter after the market closes on Tuesday, May 7, 2024, and will host a conference call on Wednesday, May 8, 2024, at 11:00 a.m.
Is It Worth Investing in Ashford Hospitality Trust Inc (NYSE: AHT) Right Now?
The 36-month beta value for AHT is at 2.18. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for AHT is 39.25M, and currently, shorts hold a 7.07% of that float. The average trading volume for AHT on April 12, 2024 was 644.36K shares.
AHT’s Market Performance
The stock of Ashford Hospitality Trust Inc (AHT) has seen a 12.12% increase in the past week, with a 4.96% rise in the past month, and a -10.84% fall in the past quarter. The volatility ratio for the week is 5.17%, and the volatility levels for the past 30 days are at 5.18% for AHT. The simple moving average for the past 20 days is 10.70% for AHT’s stock, with a -35.83% simple moving average for the past 200 days.
Analysts’ Opinion of AHT
Many brokerage firms have already submitted their reports for AHT stocks, with Oppenheimer repeating the rating for AHT by listing it as a “Perform.” The predicted price for AHT in the upcoming period, according to Oppenheimer is $10 based on the research report published on April 22, 2022 of the previous year 2022.
B. Riley FBR gave a rating of “Neutral” to AHT, setting the target price at $1.50 in the report published on April 06th of the previous year.
AHT Trading at -1.29% from the 50-Day Moving Average
After a stumble in the market that brought AHT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.92% of loss for the given period.
Volatility was left at 5.18%, however, over the last 30 days, the volatility rate increased by 5.17%, as shares surge +8.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.45% upper at present.
During the last 5 trading sessions, AHT rose by +12.12%, which changed the moving average for the period of 200-days by -57.47% in comparison to the 20-day moving average, which settled at $1.3430. In addition, Ashford Hospitality Trust Inc saw -23.71% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AHT
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.21 for the gross margin
The net margin for Ashford Hospitality Trust Inc stands at -0.13. The total capital return value is set at 0.03.
Based on Ashford Hospitality Trust Inc (AHT), the company’s capital structure generated 1.08 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at -13.01. The interest coverage ratio of the stock is 0.3.
Currently, EBITDA for the company is 262.72 million with net debt to EBITDA at 11.11. When we switch over and look at the enterprise to sales, we see a ratio of 2.35. The receivables turnover for the company is 18.01for trailing twelve months and the total asset turnover is 0.39.
Conclusion
In conclusion, Ashford Hospitality Trust Inc (AHT) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
