Summit Hotel Stock Target Price and Analyst Consensus

INN Stock  USD 6.72  0.09  1.32%   
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 7.63 with 6 analyst opinions. 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.
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 projected price volatility of 1.9066.
Lowest Forecast
6.94
Highest Forecast
8.46
Target Price
7.63
As of the 31st of January 2025, Gross Profit Margin is likely to grow to 0.52, while Gross Profit is likely to drop about 195.7 M. At this time, Summit Hotel's Common Stock Shares Outstanding is very stable compared to the past year. As of the 31st of January 2025, Other Current Assets is likely to grow to about 112.6 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.

Summit Hotel Target Price Consensus

Summit target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Summit Hotel's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Buy
Most Summit analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Summit stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Summit Hotel Properties, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Summit Hotel Target Price Projection

Summit Hotel's current and average target prices are 6.72 and 7.62, respectively. The current price of Summit Hotel is the price at which Summit Hotel Properties is currently trading. On the other hand, Summit Hotel's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Summit Hotel Market Quote on 31st of January 2025

Low Price6.69Odds
High Price6.85Odds

6.72

Target Price

Analyst Consensus On Summit Hotel Target Price

Low Estimate6.94Odds
High Estimate8.46Odds

7.625

Historical Lowest Forecast  6.94 Target Price  7.63 Highest Forecast  8.46
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Summit Hotel Properties and the information provided on this page.

Summit Hotel Analyst Ratings

Summit Hotel's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Summit Hotel stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Summit Hotel's financials, market performance, and future outlook by experienced professionals. Summit Hotel's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

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.
Hype
Prediction
LowEstimatedHigh
4.786.698.60
Details
Intrinsic
Valuation
LowRealHigh
5.207.119.02
Details
Naive
Forecast
LowNextHigh
5.026.928.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.