Based on current analytical forecasts, Ashford Hospitality Trust Inc. (NYSE:$AHT) currently has a target price of $7.50. This is based on sell-side analysts, who often provide these forecasts based on where they believe the stock will hit in the future. Because of this, target prices can cover a wide range based on the analyst’s personal opinion. That means that target prices are often averaged out to come to a consensus opinion about where the stock may head in the future. It also means that investors need to always research deeper when they are looking into a potential investment.
With earnings season just around the corner, investors are likely to put more weight into the opinions of analysts. The company currently has a consensus estimate of $0.20 EPS for this quarter, based on four analyst firms, according to Zacks Investment Research.
During the last quarterly earnings report, the company posted -$0.01 EPS for the quarter. This was well below the consensus estimates of $0.32. Looking forward, analysts are predicting that the next quarter will see $0.29 EPS, based on three analyst forecasts.
Analysts peg the company at an estimate of $1.57 EPS for the current fiscal year, with a consensus for next year of $1.38.
In a recent session, the company was trading at $6.99. Over the past 5 days, the stock has moved 1.16%, 9.39% over the past 4 weeks, 12.2% over the past 12 weeks, and -9.92% over the past year. They currently have a 52 week high of $8.22 and a 52 week low of $5.48.
The company currently has 4 ‘Buy’ or ‘Strong-Buy’ recommendations. Their average broker recommendation is 1.67.
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