Ashford Hospitality Prime Inc (AHP, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Ashford Hospitality Prime Inc is a real estate investment trust. It invests in high revenue per available room, luxury, upper-upscale and upscale hotels. Ashford Hospitality Prime Inc has a market cap of $318.300 million; its shares were traded at around $9.91 with a P/E ratio of 24.79 and P/S ratio of 0.72. The dividend yield of Ashford Hospitality Prime Inc stocks is 6.45%. Ashford Hospitality Prime Inc had annual average EBITDA growth of 3.50% over the past five years.
For the last quarter Ashford Hospitality Prime Inc reported a revenue of $92.6 million, compared with the revenue of $93.98 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $414.1 million, an increase of 2% from last year. For the last five years Ashford Hospitality Prime Inc had an average revenue growth rate of 15.1% a year.
The reported diluted earnings per share was 51 cents for the year, a decline of 7.3% from the previous year. The Ashford Hospitality Prime Inc had an operating margin of 9.38%, compared with the operating margin of 11.62% a year before. The 10-year historical median operating margin of Ashford Hospitality Prime Inc is 12.93%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, Ashford Hospitality Prime Inc has the cash and cash equivalents of $137.5 million, compared with $126.8 million in the previous year. The long term debt was $821.0 million, compared with $764.6 million in the previous year. The interest coverage to the debt is 1.1, which is not a favorable level. Ashford Hospitality Prime Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $9.91, Ashford Hospitality Prime Inc is traded at 35.3% discount to its historical median P/S valuation band of $15.31. The P/S ratio of the stock is 0.72, while the historical median P/S ratio is 1.10. The stock gained 0.29% during the past 12 months.
For the complete 20-year historical financial data of AHP, click here.
