Pebblebrook Hotel Trust (NYSE: PEB) closed the day trading at $15.68 up 1.55% from the previous closing price of $15.44. In other words, the price has increased by $+0.24 from its previous closing price. On the day, 995766 shares were traded.
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 10.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.05. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 Feb 26 ’24 when Martz Raymond D sold 11,441 shares for $15.72 per share. The transaction valued at 179,807 led to the insider holds 253,385 shares of the business.
Fisher Thomas Charles sold 11,441 shares of PEB for $178,697 on Feb 26 ’24. The Co-President, C Investmt Ofcr now owns 254,449 shares after completing the transaction at $15.62 per share. On Nov 13 ’23, another insider, BORTZ JON E, who serves as the Chairman and CEO of the company, bought 16,000 shares for $16.36 each. As a result, the insider paid 261,700 and bolstered with 22,000 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 1.89B and an Enterprise Value of 4.35B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 3.06 whereas that against EBITDA is 15.83.
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 15.73, while the 200-Day Moving Average is calculated to be 14.48.
Shares Statistics:
Over the past 3-months, PEB traded about 1.53M shares per day on average, while over the past 10 days, PEB traded about 1.31M shares per day. A total of 120.19M shares are outstanding, with a floating share count of 118.00M. Insiders hold about 1.91% of the company’s shares, while institutions hold 124.27% stake in the company. Shares short for PEB as of Mar 15, 2024 were 18.86M with a Short Ratio of 13.40, compared to 17.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.67% and a Short% of Float of 23.63%.
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 0.26%, it implies a Forward Annual Dividend Yield of 0.26%. The stock’s 5-year Average Dividend Yield is 2.06.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.44 for the current quarter, with a high estimate of -$0.41 and a low estimate of -$0.48, while EPS last year was -$0.27. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.01 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.58 and -$0.96 for the fiscal current year, implying an average EPS of -$0.77. EPS for the following year is -$0.57, with 5 analysts recommending between -$0.13 and -$0.85.
Revenue Estimates
10 analysts predict $304.35M in revenue for the current quarter. It ranges from a high estimate of $317.57M to a low estimate of $288.56M. As of the current estimate, Pebblebrook Hotel Trust’s year-ago sales were $291.59M, an estimated increase of 4.40% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $397.65M, an increase of 3.50% less than the figure of $4.40% in the same quarter last year. There is a high estimate of $407.19M for the next quarter, whereas the lowest estimate is $385M.
A total of 12 analysts have provided revenue estimates for PEB’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.46B. In the same quarter a year ago, actual revenue was $1.42B, up 2.70% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.54B and the low estimate is $1.46B. The average revenue growth estimate for next year is up 3.90% from the average revenue estimate for this year.
