The stock of Summit Hotel Properties Inc (INN) has seen a 0.76% increase in the past week, with a -2.63% drop in the past month, and a 0.30% flourish in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are at 2.42% for INN.. The simple moving average for the past 20 days is -0.95% for INN’s stock, with a 4.72% simple moving average for the past 200 days.
Is It Worth Investing in Summit Hotel Properties Inc (NYSE: INN) Right Now?
Summit Hotel Properties Inc (NYSE: INN) has a price-to-earnings ratio that is above its average at 617.59x. The stock has a 36-month beta value of 2.03. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for INN is 104.66M, and at present, short sellers hold a 3.72% of that float. On January 20, 2025, the average trading volume of INN was 700.50K shares.
INN) stock’s latest price update
The stock of Summit Hotel Properties Inc (NYSE: INN) has decreased by -0.60 when compared to last closing price of 6.71.Despite this, the company has seen a gain of 0.76% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-17 that I focus on preferred shares of Summit Hotel Properties, which offer a senior position in the capital stack and cumulative dividends, despite market volatility. Summit Hotel Properties reported strong FFO and AFFO, comfortably covering its preferred dividend commitments, with only 12% of AFFO needed for preferred dividends. The REIT’s balance sheet is robust, with $2.84B in assets and $1.32B in equity, although the preferred equity ratio is lower than ideal.
Analysts’ Opinion of INN
Robert W. Baird, on the other hand, stated in their research note that they expect to see INN reach a price target of $8. The rating they have provided for INN stocks is “Neutral” according to the report published on January 12th, 2023.
CapitalOne gave a rating of “Equal Weight” to INN, setting the target price at $10 in the report published on September 15th of the previous year.
INN Trading at 0.79% from the 50-Day Moving Average
After a stumble in the market that brought INN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.62% of loss for the given period.
Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -3.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.93% upper at present.
During the last 5 trading sessions, INN rose by +0.76%, which changed the moving average for the period of 200-days by +4.87% in comparison to the 20-day moving average, which settled at $6.73. In addition, Summit Hotel Properties Inc saw -2.63% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for INN
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.21 for the gross margin
The net margin for Summit Hotel Properties Inc stands at 0.04. The total capital return value is set at 0.03. Equity return is now at value 2.81, with 0.89 for asset returns.
Based on Summit Hotel Properties Inc (INN), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.49. The interest coverage ratio of the stock is 0.95.
Currently, EBITDA for the company is 212.4 million with net debt to EBITDA at 5.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.76. The receivables turnover for the company is 35.53for trailing twelve months and the total asset turnover is 0.26.
Conclusion
To sum up, Summit Hotel Properties Inc (INN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
