Ashford Inc (AINC) to Release Earnings on Thursday
Ashford Inc (NYSEMKT:AINC) is set to post its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Ashford to post earnings of $1.42 per share for the quarter.
Ashford Inc (AINC) opened at 66.00 on Thursday. The firm’s 50-day moving average is $60.81 and its 200 day moving average is $55.31. Ashford Inc has a 52 week low of $38.10 and a 52 week high of $68.47. The stock’s market cap is $133.39 million.
A number of research analysts have recently commented on AINC shares. Zacks Investment Research downgraded shares of Ashford from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. TheStreet raised shares of Ashford from a “d” rating to a “c-” rating in a research note on Wednesday, October 11th. Finally, FBR & Co upped their price objective on shares of Ashford from $63.00 to $67.00 and gave the company an “outperform” rating in a research note on Tuesday, August 8th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Ashford presently has an average rating of “Hold” and an average target price of $64.67.
Ashford Inc provides asset management and advisory services to other entities, primarily within the hospitality industry. The Company operates in the segment of asset and investment management, which includes managing the day-to-day operations of Ashford Hospitality Prime, Inc (Ashford Prime) and its subsidiaries.
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