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Ashford Hospitality Trust (AHT) Dips More Than Broader Markets: What You Should Know

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In the latest trading session, Ashford Hospitality Trust (AHT - Free Report) closed at $5.29, marking a -0.19% move from the previous day. This change lagged the S&P 500's 0.04% loss on the day. Elsewhere, the Dow lost 0.51%, while the tech-heavy Nasdaq added 0.21%.

Prior to today's trading, shares of the hotel owner had gained 6.85% over the past month. This has outpaced the Finance sector's gain of 4.9% and the S&P 500's gain of 4.65% in that time.

Investors will be hoping for strength from AHT as it approaches its next earnings release, which is expected to be May 2, 2019. The company is expected to report EPS of $0.28, unchanged from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $353.87 million, up 3.41% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $1.31 per share and revenue of $1.49 billion, which would represent changes of +3.97% and +3.82%, respectively, from the prior year.

Any recent changes to analyst estimates for AHT should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 9.32% higher. AHT is holding a Zacks Rank of #1 (Strong Buy) right now.

Valuation is also important, so investors should note that AHT has a Forward P/E ratio of 4.06 right now. This represents a discount compared to its industry's average Forward P/E of 15.35.

Also, we should mention that AHT has a PEG ratio of 0.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.87 at yesterday's closing price.

The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 176, putting it in the bottom 31% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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