Closing Bell Recap: Pebblebrook Hotel Trust (PEB) Ends at 12.04, Reflecting a -3.29 Downturn

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Pebblebrook Hotel Trust (NYSE: PEB) closed the day trading at $12.04 down -3.29% from the previous closing price of $12.45. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 2.11 million shares were traded. PEB stock price reached its highest trading level at $12.33 during the session, while it also had its lowest trading level at $11.945.

Ratios:

For a better understanding of PEB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.18. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.92.

On January 08, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $13.50.

On October 03, 2023, Wedbush started tracking the stock assigning a Neutral rating and target price of $14.Wedbush initiated its Neutral rating on October 03, 2023, with a $14 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when BORTZ JON E bought 22,000 shares for $12.21 per share. The transaction valued at 268,620 led to the insider holds 1,341,284 shares of the business.

BORTZ JON E bought 8,000 shares of PEB for $98,720 on Aug 14 ’24. The Chairman and CEO now owns 1,349,284 shares after completing the transaction at $12.34 per share. On Aug 05 ’24, another insider, BORTZ JON E, who serves as the Chairman and CEO of the company, bought 66,000 shares for $11.98 each. As a result, the insider paid 790,680 and bolstered with 1,319,284 shares of the company.

Valuation Measures:

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 1450868096 and an Enterprise Value of 3980207104. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 2.762 whereas that against EBITDA is 12.501.

Stock Price History:

Over the past 52 weeks, PEB has reached a high of $16.65, while it has fallen to a 52-week low of $11.39. The 50-Day Moving Average of the stock is -7.15%, while the 200-Day Moving Average is calculated to be -15.69%.

Shares Statistics:

Over the past 3-months, PEB traded about 2.00M shares per day on average, while over the past 10 days, PEB traded about 1926550 shares per day. A total of 120.19M shares are outstanding, with a floating share count of 118.05M. Insiders hold about 2.04% of the company’s shares, while institutions hold 122.29% stake in the company. Shares short for PEB as of 1727654400 were 17215626 with a Short Ratio of 8.62, compared to 1724976000 on 18532372. Therefore, it implies a Short% of Shares Outstanding of 17215626 and a Short% of Float of 22.540002.

Dividends & Splits

PEB’s forward annual dividend rate is 0.04, up from 0.04 a year ago. Against a Trailing Annual Dividend Yield of 0.0032128515The stock’s 5-year Average Dividend Yield is 1.62.

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