The stock of Pebblebrook Hotel Trust (NYSE:PEB) increased by $0.4 on Monday to $14.11, up 2.92 percent. The last five days have seen an average of 1,382,199 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $0.69. The average number of shares traded over the last 20 days was 1,723,375, while the average volume over the last 50 days totaled 2,200,404.
PEB stock dropped -7.11% since last month. On 08/25/23, the company’s shares reached a one-month low of $13.57. The stock touched a high of $19.31 on 02/02/23, after rallying from a low of $12.37 in 52 weeks. The price of PEB stock has risen by 5.38% or $0.69 this year, reaching a new high 13 times. Still, the stock price is down -26.93% from the 52-week high.
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Insider Transactions
PEB stock investors should be aware that Pebblebrook Hotel Trust (PEB) stock had its last reported insider trading activity 11 days ago on Aug 17. On Aug 17, Director Miller Phillip M. sold 10,000 shares at $14.46 each. This transaction resulted in the insider making $144,600. On Jun 23, BORTZ JON E added 8,000 shares at a price of US$12.66. After the transaction, the insider now owns 1,173,102 shares. Chairman and CEO BORTZ JON E had earlier bought 3,632 shares on Jun 22 for $12.69 a share. The transaction was completed for $46,073.
Valuation Metrics
Beta for the stock is 1.84. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.22, the price-to-book (PB) ratio of 0.59, and the price-to-cash flow ratio of 21.31.
Company paid $0.01 per share in dividends, remained unchanged from $0.01 last year. A $0.37 dividend decrease was reported on Tuesday March 17 2020.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.83, and the total debt to equity ratio is 0.83. As far as profitability goes, gross margin for the trailing twelve months is 34.00% percent. Pebblebrook Hotel Trust’s operating margin stood at 8.40% for the same period. Based on annual data, it had gross profit of $14.72 million and revenue of $1.39 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PEB’s return on assets (ROA) during the last 12 months has been -0.50%. There was a 0.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -1.00%.
Earnings Surprise
According to Pebblebrook Hotel Trust’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $384.34 million, while revenues fell by -3.43% to $305.72 million. It was predicted that Pebblebrook Hotel Trust’s quarterly earnings would be $0.24, but it ended up being $0.2. EBITDA was $135.63 million for the quarter. At the end of Pebblebrook Hotel Trust’s most recent quarter ended June 29, its total debt was $2.75 billion. Equity owned by shareholders amounts to $120.5 million.
Technical Picture
Here’s a quick look at Pebblebrook Hotel Trust’s (PEB) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 42.69%, suggesting the stock is Neutral, with a 35.16% historical volatility rate.
The stochastic %K and %D were 13.94% and 17.44% respectively, while the average true range (ATR) was 0.49. Based on the 14-day stochastic reading of 32.38%, the RSI (14) reading is 45.12%. On the 9-day MACD Oscillator, the stock is at -0.39, and the 14-day reading is at -0.52.
Analyst Ratings
Pebblebrook Hotel Trust (NYSE: PEB) was downgraded by Raymond James to a a Mkt perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Pebblebrook Hotel Trust (PEB) an Hold rating. PEB is a stock that is recommended for selling by 1 brokerage firm, while 10 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is PEB’s price target for the next 12 months?
The current consensus forecast for the stock is between $11.00 and $28.00, with a median target price of $16.00. In analyzing these forecasts, the average price target given by analysts for Pebblebrook Hotel Trust (PEB) is $16.32.
