The stock of Playa Hotels & Resorts N.V. (NASDAQ:PLYA) decreased by -$0.05 on Tuesday to finish at $7.23, down -0.69 percent. The last five days have seen an average of 1,963,380 shares of common stock traded. 23 times new highs were reached in the current year, with a gain of $0.70. The average number of shares traded over the last 20 days was 1,937,055, while the average volume over the last 50 days totaled 1,566,272.
PLYA stock dropped -13.41% since last month. On 08/04/23, the company’s shares reached a one-month low of $7.11. The stock touched a high of $9.77 on 05/03/23, after rallying from a low of $5.34 in 52 weeks. The price of PLYA stock has risen by 10.72% or $0.70 this year, reaching a new high 23 times. Still, the stock price is down -26.00% from the 52-week high.
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Insider Transactions
PLYA stock investors should be aware that Playa Hotels & Resorts N.V. (PLYA) stock had its last reported insider trading activity 6 days ago on Aug 10. On Aug 10, 10% Owner DAVIDSON KEMPNER CAPITAL MANAG sold 400,000 shares at $7.36 each. This transaction resulted in the insider making $2,945,200. On Jul 26, Peterson Karl Mr. sold 10,000 shares at a price of US$8.00. After the transaction, the insider now owns 2,609,033 shares. Director Peterson Karl Mr. had earlier sold 10,000 shares on Jul 11 for $8.23 a share. The transaction was completed for $82,300.
Valuation Metrics
Playa Hotels & Resorts N.V. (PLYA) has a trailing price-to-earnings (P/E) ratio of 24.02. Beta for the stock is 1.51. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.13, the price-to-book (PB) ratio of 1.64, and the price-to-cash flow ratio of 11.57.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.58, and the total debt to equity ratio is 1.58. As far as profitability goes, gross margin for the trailing twelve months is 45.90% percent. Playa Hotels & Resorts N.V.’s EBITDA margin for the year ended June 29 was 23.46%, whereas its operating margin stood at 15.50% for the same period. Based on annual data, it had gross profit of $397.23 million and revenue of $856.26 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PLYA’s return on assets (ROA) during the last 12 months has been 2.30%. There was a 6.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 6.90%.
Earnings Surprise
According to Playa Hotels & Resorts N.V.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $248.04 million, while revenues rose by 10.79% to $273.8 million. It was predicted that Playa Hotels & Resorts N.V.’s quarterly earnings would be $0.13, but it ended up being $0.14, beating the consensus by -7.10%. EBITDA was $70.78 million for the quarter. At the end of Playa Hotels & Resorts N.V.’s most recent quarter ended June 29, its liabilities totaled 1.37 billion, while its total debt was $1.07 billion. Equity owned by shareholders amounts to $147.72 million.
Technical Picture
Here’s a quick look at Playa Hotels & Resorts N.V.’s (PLYA) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 26.02%, suggesting the stock is oversold, with a 40.48% historical volatility rate.
The stochastic %K and %D were 15.00% and 17.49% respectively, while the average true range (ATR) was 0.22. Based on the 14-day stochastic reading of 10.00%, the RSI (14) reading is 29.19%. On the 9-day MACD Oscillator, the stock is at -0.03, and the 14-day reading is at -0.31.
Analyst Ratings
Playa Hotels & Resorts N.V. (NASDAQ: PLYA) was downgraded by BofA Securities to a an Underperform rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Playa Hotels & Resorts N.V. (PLYA) an Overweight rating. PLYA is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is PLYA’s price target for the next 12 months?
The current consensus forecast for the stock is between $8.00 and $16.00, with a median target price of $12.50. In analyzing these forecasts, the average price target given by analysts for Playa Hotels & Resorts N.V. (PLYA) is $12.33.
