- INN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.3 million.
- INN is making at least a new 3-day high.
- INN has a PE ratio of 111.
- INN is mentioned 0.84 times per day on StockTwits.
- INN has not yet been mentioned on StockTwits today.
- INN is currently in the upper 20% of its 1-year range.
- INN is in the upper 35% of its 20-day range.
- INN is in the upper 45% of its 5-day range.
- INN is currently trading above yesterday's high.
'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention. EXCLUSIVE OFFER: Get the inside scoop on opportunities in INN with the Ticky from Trade-Ideas. See the FREE profile for INN NOW at Trade-Ideas More details on INN: Summit Hotel Properties, LLC engages in the development, ownership, operation, and management of hotel properties in the United States. As of December 31, 2009, it owned and operated 42 mid-scale without food and beverage hotels and 23 upscale hotels in 19 states. The stock currently has a dividend yield of 3.5%. INN has a PE ratio of 111. Currently there are 5 analysts that rate Summit Hotel Properties a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Summit Hotel Properties has been 489,800 shares per day over the past 30 days. Summit Hotel has a market cap of $1.2 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.56 and a short float of 2.6% with 2.55 days to cover. Shares are up 7.4% year-to-date as of the close of trading on Friday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Summit Hotel Properties as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 8.6%. Since the same quarter one year prior, revenues rose by 20.4%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- SUMMIT HOTEL PROPERTIES INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, SUMMIT HOTEL PROPERTIES INC turned its bottom line around by earning $0.05 versus -$0.09 in the prior year. This year, the market expects an improvement in earnings ($0.37 versus $0.05).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 204.6% when compared to the same quarter one year prior, rising from $3.46 million to $10.53 million.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. The stock's price rise over the last year has driven it to a level which is somewhat expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, SUMMIT HOTEL PROPERTIES INC's return on equity significantly trails that of both the industry average and the S&P 500.
- You can view the full Summit Hotel Properties Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.