Analyst Ratings for Apple Hospitality REIT Inc. (APLE)

Updated: 2017-07-26

An average rating of Overweight has been given to Apple Hospitality REIT Inc. (NYSE:APLE) by analysts covering the stock. APLE had previously received a consensus rating of Overweight a month ago.

Of the 5 analysts covering the stock, 1 gave it a buy rating, 1 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for APLE. The most optimistic analyst gave a price target of 21, which equates to a potential upside of 16.54 percent. The minimum price target given was 18.5, implying a possible loss of 2.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 5.31 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.24 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of APLE to grow at a rate of 142.77 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of APLE is 0.18.

APLE has traded between a high of 20.68 and a low of 17.32 over the past year. Today's price is 4.04 percent above the 52-week low, and 12.86 percent below the high. APLE has a price/earnings ratio of 25.03. Investors typically compare the P/E ratio to a company's peers in the industry. The APLE value stock report compares APLE to some of its peers using value stock charts. The market cap of APLE is $4.07 billion. APLE's next earnings release will be on 0000-00-00, which is days away.