A look into Ashford Hospitality Trust Inc. (AHT)’s deeper side

Ashford Hospitality Trust Inc. (NYSE: AHT) stock jumped 7.15% on Friday to $9.89 against a previous-day closing price of $9.23. With 1.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.18 million shares. During the session, the REIT – Hotel & Motel company that operates in wider Real Estate sector, reached to the highest price of $10.40 whereas the lowest price it dropped to was $9.29. The 52-week range on AHT shows that it touched its highest point at $17.21 and its lowest point at $4.61 during that stretch. It currently has a 1-year price target of $13.70. Beta for the stock currently stands at 2.11.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AHT was up-trending over the past week, with a rise of 19.44%, but this was up by 58.24% over a month. Three-month performance surged to 35.11% while six-month performance rose 22.86%. The stock lost -33.58% in the past year, while it has gained 3.02% so far this year. A look at the trailing 12-month EPS for AHT yields -9.50 with Next year EPS estimates of -2.54. For the next quarter, that number is -0.79. This implies an EPS growth rate of 96.30% for this year and 35.00% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.50%.

Float and Shares Shorts:

At present, 34.27 million AHT shares are outstanding with a float of 33.83 million shares on hand for trading. On Jul 14, 2022, short shares totaled 3.27 million, which was 9.49% higher than short shares on Jun 14, 2022. In addition to Mr. Montgomery Jack Bennett IV as the firm’s Founder & Chairman, Mr. J. Robison Hays III serves as its Pres, CEO & Director.

Institutional Ownership:

Through their ownership of 37.50% of AHT’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 21.14% of AHT, in contrast to 15.92% held by mutual funds. Shares owned by individuals account for 0.54%. As the largest shareholder in AHT with 7.06% of the stake, Värde Management LP holds 2,434,064 shares worth 2,434,064. A second-largest stockholder of AHT, BlackRock Fund Advisors, holds 1,442,832 shares, controlling over 4.18% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in AHT, holding 1,246,564 shares or 3.62% stake. With a 3.07% stake in AHT, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 1,059,345 shares are owned by the mutual fund manager. The iShares Russell 2000 ETF, which owns about 2.19% of AHT stock, is the second-largest Mutual Fund holder. It holds 754,482 shares valued at 4.51 million. Bridgeway Small Cap Value Fund holds 1.65% of the stake in AHT, owning 568,600 shares worth 3.4 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AHT since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AHT analysts setting a high price target of $34.00 and a low target of $7.00, the average target price over the next 12 months is $15.00. Based on these targets, AHT could surge 243.78% to reach the target high and fall by -29.22% to reach the target low. Reaching the average price target will result in a growth of 51.67% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. AHT will report FY 2022 earnings on 02/22/2023. Analysts have provided yearly estimates in a range of -$1.22 being high and -$3.91 being low. For AHT, this leads to a yearly average estimate of -$2.56. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Based on analyst estimates, the high estimate for the next quarter is -$0.79 and the low estimate is -$0.79. The average estimate for the next quarter is thus -$0.79.

Summary of Insider Activity:

Insiders traded AHT stock several times over the past three months with 2 Buys and 2 Sells. In these transactions, 49,080 shares were bought while 27,995 shares were sold. The number of buy transactions has increased to 3 while that of sell transactions has risen to 11 over the past year. The total number of shares bought during that period was 56,580 while 33,223 shares were sold.

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