The price of Pebblebrook Hotel Trust (NYSE: PEB) closed at $13.49 in the last session, up 1.81% from day before closing price of $13.25. In other words, the price has increased by $+0.24 from its previous closing price. On the day, 1302667 shares were traded. PEB stock price reached its highest trading level at $13.53 during the session, while it also had its lowest trading level at $12.98.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
We take a closer look at PEB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.83.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 22 when BORTZ JON E bought 11,000 shares for $12.95 per share. The transaction valued at 142,428 led to the insider holds 1,122,102 shares of the business.
BORTZ JON E bought 3,000 shares of PEB for $39,660 on Mar 17. The Chairman and CEO now owns 1,111,102 shares after completing the transaction at $13.22 per share. On Mar 16, another insider, BORTZ JON E, who serves as the Chairman and CEO of the company, bought 14,000 shares for $13.62 each. As a result, the insider paid 190,666 and bolstered with 1,108,102 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEB now has a Market Capitalization of 1.74B and an Enterprise Value of 4.41B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 3.06 whereas that against EBITDA is 13.73.
Stock Price History:
Over the past 52 weeks, PEB has reached a high of $24.29, while it has fallen to a 52-week low of $12.37. The 50-Day Moving Average of the stock is 13.93, while the 200-Day Moving Average is calculated to be 15.31.
According to the various share statistics, PEB traded on average about 2.89M shares per day over the past 3-months and 1.94M shares per day over the past 10 days. A total of 125.49M shares are outstanding, with a floating share count of 122.78M. Insiders hold about 0.80% of the company’s shares, while institutions hold 120.62% stake in the company. Shares short for PEB as of Apr 27, 2023 were 17.31M with a Short Ratio of 18.39M, compared to 20.66M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 14.06% and a Short% of Float of 20.96%.
Dividends & Splits
The forward annual dividend rate for PEB is 0.04, which was 0.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.30%, it implies a Forward Annual Dividend Yield of 0.29%. The stock’s 5-year Average Dividend Yield is 2.66.
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.16, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.09, with high estimates of $0.17 and low estimates of $0.02.
Analysts are recommending an EPS of between -$0.12 and -$0.24 for the fiscal current year, implying an average EPS of -$0.18. EPS for the following year is -$0.22, with 2 analysts recommending between $0.05 and -$0.49.
According to 7 analysts, the current quarter’s revenue is expected to be $388.52M. It ranges from a high estimate of $404.96M to a low estimate of $358.33M. As of the current estimate, Pebblebrook Hotel Trust’s year-ago sales were $397.52M, an estimated decrease of -2.30% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $400.64M, an increase of 0.60% over than the figure of -$2.30% in the same quarter last year. There is a high estimate of $431.22M for the next quarter, whereas the lowest estimate is $379.55M.
A total of 10 analysts have provided revenue estimates for PEB’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.42B. In the same quarter a year ago, actual revenue was $1.39B, up 1.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.5B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.41B. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.