Service Properties Trust (NASDAQ:SVC) finished Friday with a subtraction of -$0.04 to close at $8.57, a downside of -0.46 percent. An average of 864,620 shares of common stock have been traded in the last five days. There was a gain of $0.36 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 912,245 shares traded, while the 50-day average volume stands at 905,310.
SVC stock has decreased by -4.46% in the last month. The company shares reached their 1-month lowest point of $7.97 on 08/03/23. With the stock rallying to its 52-week high on 03/06/23, shares of the company touched a low of $4.86 and a high of $11.56 in 52 weeks. It has reached a new high 17 times so far this year and achieved 17.56% or $1.28 in price. In spite of this, the price is down -25.90% from the 52-week high.
Valuation Metrics
Service Properties Trust (SVC) has a trailing price-to-earnings (P/E) ratio of 105.80. The stock’s beta is 2.19. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.75, the price-to-book (PB) ratio at 1.02, and the price-to-cash flow ratio at 15.81.
The company has a payout ratio of 516.50%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest increase dividend $0.19 reported on Thursday October 13 2022.
Financial Health
Further, the company has a long term debt to equity ratio of 4.13 and a total debt to equity ratio of 4.13 for the quarter ending June 29. Its gross profit as reported stood at $164.06 million compared to revenue of $1.86 billion.
Earnings Surprise
For the three-month period that ended June 29, Service Properties Trust had $554.06 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$11.28 million in the quarter, while revenues of $25.95 million were grew 200.62%. The analyst consensus anticipated Service Properties Trust’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be -$0.07, a -250.00% surprise. For the quarter, EBITDA amounted to $174.75 million. At the end of the quarter ending June 29, Service Properties Trust’s stock balance sheet showed total debt was $5.72 billion. Shareholders own equity worth $165.47 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Service Properties Trust (SVC) price momentum. RSI 9-day as of the close on 11 August was 50.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.90%.
As of today, SVC’s price is $8.59 +4.38% or $0.36 from its 5-day moving average. SVC is currently trading -2.83% lower than its 20-day SMA and -11.65% lower than its 100-day SMA. However, the stock’s current price level is +4.38% above the SMA50 and +15.19% above the SMA200.
The stochastic %K and %D were 75.48% and 68.64%, respectively, and the average true range (ATR) was 0.29. With the 14-day stochastic at 67.80% and the average true range at 0.28, the RSI (14) stands at 49.56%. The stock has reached 0.17 on the 9-day MACD Oscillator while the 14-day reading was at 0.20.
Analyst Ratings
Oppenheimer launched coverage on Service Properties Trust (NASDAQ: SVC) in its analyst report released on April 22, 2022. The firm assigned the stock a Perform rating. The consensus rating for Service Properties Trust (SVC) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SVC, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is SVC’s price target for the next 12 months?
Analysts predict a range of price targets between $8.50 and $13.00, with a median target of $10.75. Taking a look at these predictions, the average price target given by analysts for Service Properties Trust (SVC) stock is $10.75.
