Equities research analysts at StockNews.com initiated coverage on shares of Ashford (NYSEAMERICAN:AINC – Get Rating) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating on the financial services provider’s stock.
Ashford Trading Up 2.9 %
Shares of NYSEAMERICAN AINC opened at $12.35 on Wednesday. The company has a market capitalization of $38.47 million, a price-to-earnings ratio of -1.30 and a beta of 2.00. Ashford has a twelve month low of $11.40 and a twelve month high of $19.70. The business has a 50 day simple moving average of $13.62 and a 200-day simple moving average of $14.55.
Ashford (NYSEAMERICAN:AINC – Get Rating) last released its earnings results on Wednesday, February 22nd. The financial services provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.49. Ashford had a net margin of 1.60% and a negative return on equity of 21.27%. The firm had revenue of $178.41 million during the quarter, compared to analyst estimates of $199.58 million. As a group, equities analysts predict that Ashford will post 5.75 earnings per share for the current year.
Institutional Trading of Ashford
Ashford, Inc engages in the provision of asset management, advisory services and other products and services primarily to clients in the hospitality industry. The firm operates through following business segments: REIT Advisory, Remington, Premier, JSAV, OpenKey, and Corporate & Other. The REIT Advisory segment provides asset management and advisory services to other entities.
- Get a free copy of the StockNews.com research report on Ashford (AINC)
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