In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Apple Hospitality REIT Inc (NYSE: APLE) closed at $14.62 down -1.42% from its previous closing price of $14.83. In other words, the price has decreased by -$1.42 from its previous closing price. On the day, 2.4 million shares were traded. APLE stock price reached its highest trading level at $14.91 during the session, while it also had its lowest trading level at $14.505.
Ratios:
For a deeper understanding of Apple Hospitality REIT Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.80. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on December 09, 2024, initiated with a Outperform rating and assigned the stock a target price of $18.
On June 03, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $15.
BofA Securities Downgraded its Buy to Neutral on January 08, 2024, whereas the target price for the stock was revised from $19 to $18.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 21 ’24 when Hugh Redd bought 1,000 shares for $14.10 per share. The transaction valued at 14,095 led to the insider holds 126,223 shares of the business.
KNIGHT GLADE M bought 5,000 shares of APLE for $70,225 on Aug 08 ’24. The Executive Chairman now owns 636,990 shares after completing the transaction at $14.04 per share. On May 21 ’24, another insider, KNIGHT GLADE M, who serves as the Executive Chairman of the company, bought 5,000 shares for $14.78 each. As a result, the insider paid 73,900 and bolstered with 631,990 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, APLE now has a Market Capitalization of 3507703296 and an Enterprise Value of 5109641216. As of this moment, Apple’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.15, and their Forward P/E ratio for the next fiscal year is 17.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 3.622 whereas that against EBITDA is 11.083.
Stock Price History:
Over the past 52 weeks, APLE has reached a high of $16.93, while it has fallen to a 52-week low of $13.56. The 50-Day Moving Average of the stock is -6.15%, while the 200-Day Moving Average is calculated to be -2.17%.
Shares Statistics:
For the past three months, APLE has traded an average of 1.76M shares per day and 1777370 over the past ten days. A total of 239.93M shares are outstanding, with a floating share count of 223.66M. Insiders hold about 6.78% of the company’s shares, while institutions hold 87.41% stake in the company. Shares short for APLE as of 1734048000 were 7504076 with a Short Ratio of 4.27, compared to 1731628800 on 8728176. Therefore, it implies a Short% of Shares Outstanding of 7504076 and a Short% of Float of 4.96.
Dividends & Splits
According to the company, the forward annual dividend rate for APLE is 0.96, from 0.96 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06473365The stock’s 5-year Average Dividend Yield is 4.54.
