Find Out How Apple Hospitality REIT Inc. (APLE) Insiders Are Trading Their Stock?

As of Wednesday close, Apple Hospitality REIT Inc.’s (NYSE:APLE) stock was down -$0.19, moving down -1.28 percent to $14.65. The average number of shares traded per day over the past five days has been 2,580,180 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.17 fall in that time frame. In the last twenty days, the average volume was 2,101,485, while in the previous 50 days, it was 2,257,242.

Since last month, APLE stock retreated -5.61%. Shares of the company fell to $14.56 on 06/17/22, the lowest level in the past month. A 52-week high of $18.69 was reached on 04/20/22 after having rallying from a 52-week low of $13.83. Since the beginning of this year, APLE’s stock price has dropped by -9.29% or -$1.50, and marked a new high 17 times. However, the stock has declined by -21.62% since its 52-week high.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


Apple Hospitality REIT Inc. (APLE) last reported insider trading activity 10 days ago on Jun 13. Perkins Elizabeth, the SVP & Chief Financial Officer of the company, purchased of 600 shares for $14.87 on Jun 13. It resulted in a $8,919 investment by the insider. Perkins Elizabeth added 600 shares at an average price of $15.95 on Jun 10. The insider now owns 173,543 shares following the transaction. On Jun 10, CEO KNIGHT JUSTIN G bought 500 shares at $15.86 apiece. The transaction was valued at $7,929.

Valuation Metrics

Right now, Apple Hospitality REIT Inc. (APLE) has a P/E ratio of about 40.03. The stock’s beta is 1.07. Besides these, the trailing price-to-sales (P/S) ratio of 3.26, the price-to-book (PB) ratio of 1.06, and the price-to-cash flow ratio of 16.18 may also be considered.

The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05. On Tuesday February 22 2022, a $0.04 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.49, and the total debt-to-equity ratio was 0.49. On the profitability front, the trailing twelve-month gross margin is 59.50% percent. In the year ended March 30, operating margins totaled 14.30%. Based on annual data, APLE earned $87.04 million in gross profit and brought in $933.87 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.80%. Return on equity (ROE) for the past 12 months was 2.70%.

In Apple Hospitality REIT Inc.’s quarter-end financial report for March 30, it reported total debt of $1.43 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. APLE’s revenue rose 39.07% to $250.59 million during the quarter, while net income inched up to $260.48 million. While analysts expected Apple Hospitality REIT Inc. to report $0.05 quarterly earnings, the actual figure was $0.08 per share. During the quarter, the company generated $78.16 million in EBITDA. The value of shareholders’ equity is $228.89 million.

Technical Picture

This quick technical analysis looks at Apple Hospitality REIT Inc.’s (APLE) price momentum. With a historical volatility rate of 49.45%, the RSI 9-day stood at 32.77% on 22 June.

With respect to its five-day moving average, the current Apple Hospitality REIT Inc. price is down by -1.15% percent or -$0.17. At present, APLE shares trade -6.21% below its 20-day simple moving average and -4.56% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.07% below its SMA50 and -3.17% below its SMA200.

Stochastic coefficient K was 6.22% and Stochastic coefficient D was 6.59%, while ATR was 0.63. Given the Stochastic reading of 3.32% for the 14-day period, the RSI (14) reading has been calculated as 35.92%. As of today, the MACD Oscillator reading stands at -0.44, while the 14-day reading stands at -1.15.

Analyst Ratings

B. Riley Securities upgraded its rating on Apple Hospitality REIT Inc. (NYSE: APLE) to a Buy in a note to investors on June 16, 2022. The analysts firm previously had a Neutral rating on the stock.Apple Hospitality REIT Inc. (APLE) has been rated Overweight by analysts. According to 1 brokerage firm, APLE is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Apple Hospitality REIT Inc. stock as buy, with 4 recommending it as overweight.

With a median target price of $19.00, the current consensus forecast for the stock is $16.00 – $23.00. Based on these forecasts, analysts predict Apple Hospitality REIT Inc. (APLE) will achieve an average price target of $19.86.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Related Articles

174452

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam