Analysis of Summit Hotel Properties Inc (INN)’s performance, earnings and valuation

Summit Hotel Properties Inc [INN] stock prices are down -0.16% to $6.19 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INN shares have gain 1.31% over the last week, with a monthly amount glided 6.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Robert W. Baird downgraded its rating to Neutral on January 12, 2023, and kept the price target unchanged to $8. On September 15, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $10 on the stock. KeyBanc Capital Markets downgraded its rating to a Sector Weight. BofA Securities downgraded its rating to a Underperform and reduced its price target to $11 on September 27, 2021. BofA/Merrill upgraded its rating to Buy for this stock on June 01, 2020, and upped its price target to $7. In a note dated January 13, 2020, CapitalOne upgraded an Overweight rating on this stock and boosted its target price from $13 to $13.50.

The stock price of Summit Hotel Properties Inc [INN] has been fluctuating between $5.31 and $6.98 over the past year. Summit Hotel Properties Inc [NYSE: INN] shares were valued at $6.19 at the most recent close of the market.

Analyzing the INN fundamentals

The Summit Hotel Properties Inc [NYSE:INN] reported sales of 741.30M for trailing twelve months, representing a drop of -0.30%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.44.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.08 points at the first support level, and at 5.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.28, and for the 2nd resistance point, it is at 6.37.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 0.72.

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