Ashford (NYSEAMERICAN:AINC) Coverage Initiated by Analysts at assumed coverage on shares of Ashford (NYSEAMERICAN:AINCFree Report) in a report issued on Thursday. The brokerage issued a buy rating on the financial services provider’s stock.

AINC has been the topic of several other reports. Oppenheimer dropped their price objective on Ashford from $20.00 to $17.00 and set an outperform rating on the stock in a report on Thursday, August 10th. B. Riley dropped their price objective on Ashford from $15.00 to $10.00 in a report on Monday, May 22nd.

View Our Latest Stock Report on AINC

Ashford Stock Performance

Ashford stock opened at $8.52 on Thursday. Ashford has a one year low of $8.31 and a one year high of $18.30. The stock’s 50 day moving average price is $9.58 and its 200 day moving average price is $10.99. The firm has a market capitalization of $27.35 million, a PE ratio of -0.70 and a beta of 1.89.

Ashford (NYSEAMERICAN:AINCGet Free Report) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.83 by ($0.50). Ashford had a negative return on equity of 17.46% and a net margin of 0.01%. The business had revenue of $192.71 million for the quarter, compared to analysts’ expectations of $181.71 million. On average, analysts forecast that Ashford will post 5.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ashford

An institutional investor recently raised its position in Ashford stock. Vanguard Group Inc. increased its stake in shares of Ashford Inc. (NYSEAMERICAN:AINCFree Report) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,717 shares of the financial services provider’s stock after buying an additional 4,314 shares during the quarter. Vanguard Group Inc. owned about 2.71% of Ashford worth $1,400,000 at the end of the most recent quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Ashford Company Profile

(Get Free Report)

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas. Ashford Inc(NYSEAM:AINC) operates independently of Ashford Hospitality Trust, Inc as of November 5, 2019.

See Also

Receive News & Ratings for Ashford Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford and related companies with's FREE daily email newsletter.