Analyst Ratings for Summit Hotel Properties Inc. (INN)

Updated: 2017-07-27

Shares of Summit Hotel Properties Inc. (NYSE:INN) have received a consensus rating of Overweight from Wall Street analysts. INN had previously received a consensus rating of Buy a month ago.

Of the 9 analysts covering the stock, 6 gave it a buy rating, 1 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for INN. The maximum price target given was 21, implying potential capital gains of 19.59 percent. The most pessimistic price target was 18, implying potential capital losses of 2.51 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.98 percent on average, compared to last month. That number becomes -13.99 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.74 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.89 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

Analysts estimate earnings of INN to grow at a rate of 66.22 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, though it could be better to see where the ratio stands relative to peers in the industry. INN has a PEG ratio of 0.33.

INN has traded between a high of 19.39 and a low of 12.45 over the past year. Currently the stock is 41.04 percent higher than its low, and 9.44 percent lower than its 52-week high. INN has a P/E ratio of 22.09. Investors typically compare the P/E ratio to a company's peers in the industry. The INN value stock report compares INN to some of its peers using value stock charts. The stock has a market capitalization of $1.83 billion. INN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.