In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Playa Hotels & Resorts N.V.’s stock clocked out at $8.92, down -3.46% from its previous closing price of $9.24. In other words, the price has decreased by -$3.46 from its previous closing price. On the day, 0.57 million shares were traded. PLYA stock price reached its highest trading level at $9.215 during the session, while it also had its lowest trading level at $8.915.
Ratios:
To gain a deeper understanding of PLYA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.70. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1187974528 and an Enterprise Value of 2005405824. As of this moment, Playa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.29, and their Forward P/E ratio for the next fiscal year is 15.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 2.022 whereas that against EBITDA is 7.54.
Stock Price History:
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 -4.74%, while the 200-Day Moving Average is calculated to be 9.56%.
Shares Statistics:
It appears that PLYA traded 648.11K shares on average per day over the past three months and 579070 shares per day over the past ten days. A total of 136.08M shares are outstanding, with a floating share count of 99.52M. Insiders hold about 25.28% of the company’s shares, while institutions hold 77.01% stake in the company. Shares short for PLYA as of 1713139200 were 2737360 with a Short Ratio of 4.22, compared to 1710460800 on 3079401. Therefore, it implies a Short% of Shares Outstanding of 2737360 and a Short% of Float of 2.19.
