Summit Hotel Stock Target Price and Analyst Consensus

INN Stock  USD 6.17  0.17  2.68%   
The current analyst and expert consensus on Summit Hotel is Buy, with only one strong buy opinion. The current projected Summit Hotel target price consensus is 8.00 with 6 analyst opinions. The most common way Summit Hotel Properties analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Summit Hotel executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Summit Hotel. We strongly encourage you to use your own analysis of Summit Hotel Properties to validate this buy or sell advice. Summit Hotel buy-or-sell recommendation module provides average expert sentiment on the projected Summit Hotel Properties target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Summit Hotel to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
7.28
Highest Forecast
8.88
Target Price
8
As of the 17th of April 2024, Gross Profit is likely to grow to about 185.4 M, though Pretax Profit Margin is likely to grow to (0.03). At this time, Summit Hotel's Other Assets are very stable compared to the past year. As of the 17th of April 2024, Common Stock Shares Outstanding is likely to grow to about 144 M, while Total Assets are likely to drop about 1.7 B.
  
It's important to approach Summit Hotel's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Summit Hotel price targets

Summit Hotel's stock target price is an estimate of its future price, usually made by analysts. Using Summit Hotel's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Summit Hotel's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Summit Hotel's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Summit Hotel Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Summit Hotel is a key component of Summit Hotel valuation and have some predictive power on the future returns of a Summit Hotel.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Summit Hotel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.456.348.23
Details
Intrinsic
Valuation
LowRealHigh
5.317.209.09
Details
Naive
Forecast
LowNextHigh
4.396.288.17
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.11-0.08-0.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Summit Hotel. Your research has to be compared to or analyzed against Summit Hotel's peers to derive any actionable benefits. When done correctly, Summit Hotel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Summit Hotel Properties.

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When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:
Check out Macroaxis Advice on Summit Hotel to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Summit Hotel's price analysis, check to measure Summit Hotel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Hotel is operating at the current time. Most of Summit Hotel's value examination focuses on studying past and present price action to predict the probability of Summit Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Hotel's price. Additionally, you may evaluate how the addition of Summit Hotel to your portfolios can decrease your overall portfolio volatility.
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The data published in Summit Hotel's official financial statements usually reflect Summit Hotel's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Summit Hotel Properties. For example, before you start analyzing numbers published by Summit accountants, it's critical to develop an understanding of what Summit Hotel's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Summit Hotel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit Hotel's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Summit Hotel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Summit Hotel Properties. Please utilize our Beneish M Score to check the likelihood of Summit Hotel's management manipulating its earnings.