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.
Many analysts weighed in on 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 lowest price target was 18.5, implying potential capital losses of 2.66 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of APLE to grow at a rate of 142.77 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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. The current market price is above the trailing year's low by 4.04 percent, and 12.86 percent below the high. APLE has a P/E 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 stock has a market capitalization of $4.07 billion. APLE will post this quarters earnings in days, on 0000-00-00.