Summit Financial Statements From 2010 to 2024
| INN-PE Preferred Stock | USD 20.58 0.10 0.48% |
Check Summit Hotel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Hotel's main balance sheet or income statement drivers, such as , as well as many indicators such as . Summit financial statements analysis is a perfect complement when working with Summit Hotel Valuation or Volatility modules.
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Summit Hotel Properties Company Beta Analysis
Summit Hotel's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Summit Hotel Beta | 2.02 |
Most of Summit Hotel's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Hotel Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Summit Hotel Properties has a Beta of 2.0216. This is 180.78% higher than that of the Real Estate sector and 64.36% higher than that of the REIT - Hotel & Motel industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Summit Hotel Properties Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Summit Hotel's current stock value. Our valuation model uses many indicators to compare Summit Hotel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Summit Hotel competition to find correlations between indicators driving Summit Hotel's intrinsic value. More Info.Summit Hotel Properties is currently regarded as number one stock in price to earning category among its peers. It also is currently regarded as number one stock in price to sales category among its peers fabricating about 0.04 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Summit Hotel Properties is roughly 23.77 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Summit Hotel's earnings, one of the primary drivers of an investment's value.About Summit Hotel Financial Statements
Summit Hotel stakeholders use historical fundamental indicators, such as Summit Hotel's revenue or net income, to determine how well the company is positioned to perform in the future. Although Summit Hotel investors may analyze each financial statement separately, they are all interrelated. For example, changes in Summit Hotel's assets and liabilities are reflected in the revenues and expenses on Summit Hotel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Summit Hotel Properties. Please read more on our technical analysis and fundamental analysis pages.
Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of May 1, 2019, the Companys portfolio consisted of 69 hotels with a total of 10,714 guestrooms located in 24 states. Summit Hotel operates under REIT - Hotel Motel classification in USA and is traded on New York Stock Exchange. It employs 57 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Summit Preferred Stock
Summit Hotel financial ratios help investors to determine whether Summit Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Hotel security.