Metric Analysis: Apple Hospitality REIT Inc (APLE)’s Key Ratios in the Limelight

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In the latest session, Apple Hospitality REIT Inc (NYSE: APLE) closed at $14.66 down -0.88% from its previous closing price of $14.79. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 3.21 million shares were traded. APLE stock price reached its highest trading level at $15.0 during the session, while it also had its lowest trading level at $14.65.

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 102.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.02. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.45.

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 the company, BofA Securities on January 08, 2024, Downgraded its rating to Neutral and sets its target price to $18 from $19 previously.

On December 08, 2023, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $18 to $17.

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 Feb 27 ’24 when Woolley Howard E. bought 1,000 shares for $15.97 per share. The transaction valued at 15,967 led to the insider holds 12,753 shares of the business.

Perkins Elizabeth bought 1,750 shares of APLE for $27,614 on Nov 10 ’23. The SVP & Chief Financial Officer now owns 226,044 shares after completing the transaction at $15.78 per share. On Aug 11 ’23, another insider, KNIGHT GLADE M, who serves as the Executive Chairman of the company, bought 5,000 shares for $15.07 each. As a result, the insider paid 75,338 and bolstered with 573,109 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 3552792320 and an Enterprise Value of 5136275968. As of this moment, Apple’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.17, and their Forward P/E ratio for the next fiscal year is 16.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 3.772 whereas that against EBITDA is 11.613.

Stock Price History:

The Beta on a monthly basis for APLE is 1.12, which has changed by -0.04245591 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, APLE has reached a high of $17.85, while it has fallen to a 52-week low of $14.17. The 50-Day Moving Average of the stock is -6.90%, while the 200-Day Moving Average is calculated to be -7.77%.

Shares Statistics:

For the past three months, APLE has traded an average of 1.92M shares per day and 2490880 over the past ten days. A total of 241.52M shares are outstanding, with a floating share count of 226.21M. Insiders hold about 6.66% of the company’s shares, while institutions hold 90.46% stake in the company. Shares short for APLE as of 1714435200 were 11067383 with a Short Ratio of 5.77, compared to 1711584000 on 9940407. Therefore, it implies a Short% of Shares Outstanding of 11067383 and a Short% of Float of 7.199999999999999.

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 0.06490872The stock’s 5-year Average Dividend Yield is 4.67.

Earnings Estimates

The performance of Apple Hospitality REIT Inc (APLE) in the stock market is under the watchful eye of 3.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.3 and a low estimate of $0.29, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.27, with high estimates of $0.28 and low estimates of $0.26.

Analysts are recommending an EPS of between $0.93 and $0.8 for the fiscal current year, implying an average EPS of $0.88. EPS for the following year is $0.87, with 3.0 analysts recommending between $0.93 and $0.78.

Revenue Estimates

A total of 5 analysts believe the company’s revenue will be $385.91M this quarter.It ranges from a high estimate of $394.28M to a low estimate of $377.43M. As of the current estimate, Apple Hospitality REIT Inc’s year-ago sales were $361.63MFor the next quarter, 5 analysts are estimating revenue of $387.42M. There is a high estimate of $394.34M for the next quarter, whereas the lowest estimate is $380.58M.

A total of 5 analysts have provided revenue estimates for APLE’s current fiscal year. The highest revenue estimate was $1.45B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.43B. In the same quarter a year ago, actual revenue was $1.34BBased on 5 analysts’ estimates, the company’s revenue will be $1.47B in the next fiscal year. The high estimate is $1.48B and the low estimate is $1.45B.

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