Playa Hotels & Resorts N.V. (PLYA)’s Day in Review: Closing at 8.51, Down by -2.85

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After finishing at $8.76 in the prior trading day, Playa Hotels & Resorts N.V. (NASDAQ: PLYA) closed at $8.51, down -2.85%. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 1.12 million shares were traded. PLYA stock price reached its highest trading level at $8.82 during the session, while it also had its lowest trading level at $8.49.

Ratios:

Our goal is to gain a better understanding of PLYA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.17. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.82.

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 June 26, 2023, Downgraded its rating to Underperform and sets its target price to $8 from $10 previously.

On December 14, 2022, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $7.25 to $8.

Truist Upgraded its Hold to Buy on May 09, 2022, whereas the target price for the stock was revised from $8 to $11.

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 Apr 09 ’24 when Peterson Karl Mr. sold 5,000 shares for $9.58 per share. The transaction valued at 47,900 led to the insider holds 2,529,033 shares of the business.

Peterson Karl Mr. sold 5,000 shares of PLYA for $47,250 on Mar 19 ’24. The Director now owns 2,534,033 shares after completing the transaction at $9.45 per share. On Feb 27 ’24, another insider, Buhler Brandon B, who serves as the Chief Accounting Officer of the company, sold 35,915 shares for $9.04 each. As a result, the insider received 324,672 and left with 102,598 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, PLYA now has a Market Capitalization of 1133370368 and an Enterprise Value of 1908183936. As of this moment, Playa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.40, and their Forward P/E ratio for the next fiscal year is 13.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 1.924 whereas that against EBITDA is 7.175.

Stock Price History:

The Beta on a monthly basis for PLYA is 1.58, which has changed by -0.048098445 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, PLYA has reached a high of $9.85, while it has fallen to a 52-week low of $6.88. The 50-Day Moving Average of the stock is -8.94%, while the 200-Day Moving Average is calculated to be 4.37%.

Shares Statistics:

The stock has traded on average 666.45K shares per day over the past 3-months and 788660 shares per day over the last 10 days, according to various share statistics. A total of 136.08M shares are outstanding, with a floating share count of 97.40M. Insiders hold about 26.86% of the company’s shares, while institutions hold 76.58% stake in the company. Shares short for PLYA as of 1714435200 were 3103561 with a Short Ratio of 4.66, compared to 1711584000 on 2943419. Therefore, it implies a Short% of Shares Outstanding of 3103561 and a Short% of Float of 2.5899999.

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