Playa Hotels & Resorts N.V. (NASDAQ:PLYA) currently has a daily average trading volume of 1.37M but it saw 1368638 shares traded on Thursday. With a market cap of 1.39B USD, stock’s current market price of $9.00 came rising about 1.24 while comparing to the previous closing price of $8.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.77 and as low as $5.34. In the recent trading on the day, stock has struck highest price mark of $9.017 while lowest mark touched by it was $8.78.
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Taking a look at 20-day trading activity of Playa Hotels & Resorts N.V. (PLYA) gives us an average price of $9.11, while its current price level is -7.88% below from 52-week high level whereas it is 68.38% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.13 while that of 200 days or SMA-200 reads an average of $7.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.98% during that period while stretching the period over a month that increases to 3.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.79 which implies that the stock is in neutral territory.
Playa Hotels & Resorts N.V. (PLYA)’s stock is currently under the radar of 6 analysts who are in consensus at a 12-month price target range of between $10.00 and $16.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $10.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $16.00. Average price target assigned by them is $13.33 which highlights an upside potential of 32.48% for the stock over that period. And to attain the median price target of $13.50 assigned by those analysts, stock has to add about 33.33% of value to its current levels.
Data by FactSet Research shows that 6 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 6 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Strong Buy.
Over the week, PLYA’s stock price is moving -1.32% down while it is -0.11% when we observe its performance for the past one month. Year-to-date it is 37.83% up and over the past year, the stock is showing an upside performance of 20.16%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.31 beat the consensus estimate of $0.29 for the same. The company is expected to be releasing its next quarterly report in 08/09/2023, for which analysts forecasted an EPS of $0.13 while estimate for next year EPS is $0.51. For PLYA, analysts are forecasting an EPS-growth rate of 2.00% for current year and estimate for EPS growth in next year is 17.60%. In next quarter, company is expected to be making quarterly sales of $211.44 million as analysts are expecting the sales for current fiscal year at $1.03 billion and seeing the company making $1.08 billion in sales next year. Moreover, analysts are in estimates of $345.33 million for current-quarter revenue.
Currently, Playa Hotels & Resorts N.V.’s total number of outstanding shares is 157.31M with 22.14% of that held by the insiders while 81.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.80% and return on equity (ROE) at 8.20%. It has a price to earnings ratio (P/E ratio) of 25.79 while having a 15.03 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 2.10 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is 2.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Invesco Funds – Global Consumer T came shrinking its share ownership by -0.82% in the Playa Hotels & Resorts N.V. (PLYA) decreasing its stake to 4.14% with control over 54000.0 shares in the company. As per SEC documents, Invesco Funds – Global Consumer T sought 6,525,900 of company’s common stock of worth $60.76 million as per recent closing price of the stock. Invesco Funds – Global Consumer T is not the only institutional holder which restructured its stake in Playa Hotels & Resorts N.V., as Hood River Small-Cap Growth Fund picked 1,791,025 shares of worth $16.67 million to bring its holdings to a total of 1.06 million shares. In the most recent quarter, Avantis US Small Cap Value ETF came rising its stake by 0.50% in the company and now holds 1.26 million or 0.80% of the company’s stake having worth of about 11.7 million.
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