As of Thursday close, Service Properties Trust’s (NASDAQ:SVC) stock was down -$0.16, moving down -2.04 percent to $7.68. The average number of shares traded per day over the past five days has been 1,173,420 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.30 fall in that time frame. In the last twenty days, the average volume was 819,630, while in the previous 50 days, it was 852,904.
Since last month, SVC stock retreated -7.02%. Shares of the company fell to $7.66 on 09/21/23, the lowest level in the past month. A 52-week high of $11.56 was reached on 03/06/23 after having rallying from a 52-week low of $4.86. Since the beginning of this year, SVC’s stock price has risen by 5.35% or $0.39, and marked a new high 17 times. However, the stock has declined by -33.59% since its 52-week high.
Valuation Metrics
The stock’s beta is 2.20. Besides these, the trailing price-to-sales (P/S) ratio of 0.67, the price-to-book (PB) ratio of 0.95, and the price-to-cash flow ratio of 5.83 may also be considered.
The latest dividend of $0.20 per share was paid out, remained unchanged from last year’s $0.20. On Thursday October 13 2022, a $0.19 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 4.27, and the total debt-to-equity ratio was 4.27. On the profitability front, the trailing twelve-month gross margin is 35.30% percent. In the year ended June 29, operating margins totaled 10.70%. Based on annual data, SVC earned $164.06 million in gross profit and brought in $1.86 billion 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 2.30%. Return on equity (ROE) for the past 12 months was -0.70%.
In Service Properties Trust’s quarter-end financial report for June 29, it reported total debt of $554.06 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SVC’s revenue fell -2.38% to $429.21 million during the quarter, while net income inched up to $503.78 million. While analysts expected Service Properties Trust to report -$0.02 quarterly earnings, the actual figure was -$0.07 per share. During the quarter, the company generated $174.75 million in EBITDA. The value of shareholders’ equity is $165.47 million.
Technical Picture
This quick technical analysis looks at Service Properties Trust’s (SVC) price momentum. With a historical volatility rate of 24.67%, the RSI 9-day stood at 31.38% on 21 September.
With respect to its five-day moving average, the current Service Properties Trust price is down by -3.76% percent or -$0.30. At present, SVC shares trade -7.58% below its 20-day simple moving average and -12.43% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.95% below its SMA50 and -1.29% below its SMA200.
Stochastic coefficient K was 16.54% and Stochastic coefficient D was 22.03%, while ATR was 0.19. Given the Stochastic reading of 2.86% for the 14-day period, the RSI (14) reading has been calculated as 34.94%. As of today, the MACD Oscillator reading stands at -0.05, while the 14-day reading stands at -0.10.
Analyst Ratings
Oppenheimer launched its rating on Service Properties Trust (NASDAQ: SVC) to a Perform in a note to investors on April 22, 2022. Service Properties Trust (SVC) has been rated Hold by analysts. According to 1 brokerage firm, SVC is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Service Properties Trust stock as buy, with 1 recommending it as overweight.
With a median target price of $10.50, the current consensus forecast for the stock is $8.00 – $13.00. Based on these forecasts, analysts predict Service Properties Trust (SVC) will achieve an average price target of $10.50.
