Ashford Hospitality Trust: What’s The Consensus Target Price

Consensus Target Price

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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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.