Ashford Hospitality Trust (AHT) Receives Coverage Optimism Rating of 0.37

News headlines about Ashford Hospitality Trust (NYSE:AHT) have trended positive on Saturday, Alpha One Sentiment reports. The research group, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford Hospitality Trust earned a news impact score of 0.37 on Alpha One’s scale. Alpha One also gave headlines about the real estate investment trust an impact score of 79 out of 100, meaning that recent press coverage is likely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Alpha One Sentiment’s scoring:

A number of brokerages have recently weighed in on AHT. DA Davidson began coverage on Ashford Hospitality Trust in a research note on Wednesday, March 22nd. They set a “buy” rating and a $8.00 target price on the stock. Canaccord Genuity restated a “hold” rating on shares of Ashford Hospitality Trust in a research note on Friday, May 19th. FBR & Co upgraded Ashford Hospitality Trust from a “market perform” rating to an “outperform” rating and set a $8.00 price objective on the stock in a research note on Monday, February 27th. Cantor Fitzgerald restated an “outperform” rating and set a $8.00 price objective on shares of Ashford Hospitality Trust in a research note on Tuesday, February 28th. Finally, Zacks Investment Research upgraded Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 6th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $7.18.

Shares of Ashford Hospitality Trust (NYSE:AHT) traded down 0.16% during midday trading on Friday, hitting $6.30. The company’s stock had a trading volume of 282,066 shares. Ashford Hospitality Trust has a 52-week low of $4.87 and a 52-week high of $8.23. The firm’s market cap is $613.86 million. The stock’s 50 day moving average is $6.30 and its 200-day moving average is $6.87.

Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.06. The firm had revenue of $353.70 million for the quarter, compared to analysts’ expectations of $350.47 million. Ashford Hospitality Trust had a negative net margin of 1.42% and a negative return on equity of 2.73%. The business’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 earnings per share. Equities analysts predict that Ashford Hospitality Trust will post ($0.96) EPS for the current fiscal year.

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About Ashford Hospitality Trust

Ashford Hospitality Trust, Inc is an externally-advised real estate investment trust (REIT). The Company is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership.

12 Month Chart for NYSE:AHT

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