Summit Hotel Properties Inc (INN) Stock Forecast & Price Target
Summit Hotel Properties Inc · NYSE
$6.87-0.03 (-0.43%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Summit Hotel Properties Inc, 0 rate it Buy or better, 1 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets are tightly clustered, $4.50 to $4.50, so the covering firms are broadly aligned. The average target of $4.50 sits 34% below the current $6.87. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.12 next quarter toward $-0.35 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold150%
Sell150%
Strong Sell00%
Based on 2 analysts giving stock ratings to Summit Hotel Properties Inc.
As of Jul, 0 of 2 firms rate INN a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
INN EPS & revenue forecast
EPS · NEXT QUARTER
$-0.12
Range $-0.12 – $-0.12 · 1 analysts · +9% YoY
Next period, 1 analysts expect Summit Hotel Properties Inc to earn $-0.12 a share (range $-0.12 – $-0.12), versus $-0.11 a year earlier. Full-year consensus is $-0.35, growing to $-0.35 the year after.
REVENUE · NEXT QUARTER
$182.4M
Range $180.3M – $184.0M · 1 analysts · +3% YoY
Revenue is expected to reach $182.4M (range $180.3M – $184.0M), +3.0% year-over-year. Full-year consensus is $743.7M, rising to $755.1M next year.
Top analysts covering Summit Hotel Properties Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on INN.
#1
MB
Michael Bellisario
Baird
Hold
$5.00-27.2% to target
Coverage
—
+ Follow
#2
SK
Shaun Kelley
B of A Securities
Sell
$4.50-34.5% to target
Coverage
—
+ Follow
#3
DA
Dany Asad
B of A Securities
Sell
No targeton INN
Coverage
—
+ Follow
#4
Chris Woronka
Deutsche Bank
Buy
$6.00-12.7% to target
Coverage
—
+ Follow
INN stock forecast FAQ
What is INN's average 12-month price target?+
The 2 analysts with a live target average $4.50 for Summit Hotel Properties Inc over the next 12 months, ranging from a $4.50 high to a $4.50 low.
Is INN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 2 analyst ratings, 0 are Buy or Strong Buy, 1 are Hold, and 1 are Sell or Strong Sell.
How many Wall Street analysts cover INN?+
2 analysts have an active rating on Summit Hotel Properties Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering INN?+
Among analysts who currently cover INN, Michael Bellisario of Baird has the strongest overall Quantellect track record. Their current call is Hold with a $5.00 target.
What is Summit Hotel Properties Inc's projected EPS for next quarter?+
The consensus estimate is $-0.12 per share (range $-0.12 – $-0.12) across 1 analysts. Full-year EPS is projected at $-0.35, rising to $-0.35 the following year.
How much revenue is Summit Hotel Properties Inc expected to report next quarter?+
Consensus revenue is $182.4M (range $180.3M – $184.0M). Full-year revenue is projected at $743.7M, growing to $755.1M next year.
Have analysts been upgrading or downgrading INN lately?+
As of Jul, 0 of 2 firms rate INN a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their INN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
