Pebblebrook Hotel Trust (NYSE:PEB) finished Wednesday with a subtraction of -$0.96 to close at $16.47, a downside of -5.51 percent. An average of 1,730,760 shares of common stock have been traded in the last five days. There was a fall of -$1.38 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 1,464,095 shares traded, while the 50-day average volume stands at 1,520,244.
PEB stock has decreased by -12.30% in the last month. The company shares reached their 1-month lowest point of $16.46 on 09/21/22. With the stock rallying to its 52-week high on 04/28/22, shares of the company touched a low of $16.04 and a high of $26.45 in 52 weeks. It has reached a new high 11 times so far this year and lost -26.37% or -$5.90 in price. In spite of this, the price is down -37.73% from the 52-week high.
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265 days have passed since Pebblebrook Hotel Trust (PEB) last reported insider trading activity. BORTZ JON E, who is Chairman, President and CEO, most recently acquired $6,867 shares at $24.75 per share on Dec 31. In this transaction, the insider spent $169,958. Chairman, President and CEO, BORTZ JON E, disposed of 22,000 shares at a price of $22.44 on Dec 30. The insider now owns more than $493,680 worth of shares. Prior to that, Chairman, President and CEO BORTZ JON E went on to Sale 19,132 shares at $24.90 each on Dec 29. An amount of $476,387 was transacted.
Pebblebrook Hotel Trust (PEB) stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.90, the price-to-book (PB) ratio at 0.69, and the price-to-cash flow ratio at 17.18.
Further, the company has a long term debt to equity ratio of 0.82 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at -$89.79 million compared to revenue of $733.04 million.
For the three-month period that ended June 29, Pebblebrook Hotel Trust had $2.52 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $16.65 million in the quarter, while revenues were grew 151.41%. The analyst consensus anticipated Pebblebrook Hotel Trust’s latest quarter earnings to come in at $0.13 per share, but it turned out to be $0.12, a -7.70% surprise. For the quarter, EBITDA amounted to $115.58 million. At the end of the quarter ending June 29, Pebblebrook Hotel Trust’s stock balance sheet showed total debt was $2.88 billion. Shareholders own equity worth $131.45 million.
From a technical analysis perspective, let’s take a brief look at Pebblebrook Hotel Trust (PEB) price momentum. RSI 9-day as of the close on 21 September was 28.74%, suggesting the stock is oversold, with historical volatility in this time frame at 48.79%.
As of today, PEB’s price is $17.32 -7.73% or -$1.38 from its 5-day moving average. PEB is currently trading -12.44% lower than its 20-day SMA and -36.75% lower than its 100-day SMA. However, the stock’s current price level is -5.67% below the SMA50 and -20.20% below the SMA200.
The stochastic %K and %D were 23.95% and 31.99%, respectively, and the average true range (ATR) was 0.69. With the 14-day stochastic at 0.43% and the average true range at 0.68, the RSI (14) stands at 33.74%. The stock has reached -0.52 on the 9-day MACD Oscillator while the 14-day reading was at -0.37.
Wells Fargo downgraded Pebblebrook Hotel Trust (NYSE: PEB) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Pebblebrook Hotel Trust (PEB) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PEB, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 3 others rate it as a “buy”.
What is PEB’s price target for the next 12 months?
Analysts predict a range of price targets between $20.00 and $33.00, with a median target of $23.00. Taking a look at these predictions, the average price target given by analysts for Pebblebrook Hotel Trust (PEB) stock is $23.12.