Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Pebblebrook Hotel Trust (NYSE: PEB) was $14.36 for the day, up 0.42% from the previous closing price of $14.30. In other words, the price has increased by $0.42 from its previous closing price. On the day, 2.18 million shares were traded. PEB stock price reached its highest trading level at $14.37 during the session, while it also had its lowest trading level at $14.05.
Ratios:
Our analysis of PEB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 84.95. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.93.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1730437376 and an Enterprise Value of 4301016064. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 3.011 whereas that against EBITDA is 14.033.
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 -6.60%, while the 200-Day Moving Average is calculated to be -1.29%.
Shares Statistics:
PEB traded an average of 1.58M shares per day over the past three months and 1621750 shares per day over the past ten days. A total of 120.19M shares are outstanding, with a floating share count of 118.20M. Insiders hold about 1.91% of the company’s shares, while institutions hold 122.61% stake in the company. Shares short for PEB as of 1713139200 were 19628714 with a Short Ratio of 12.42, compared to 1710460800 on 18855379. Therefore, it implies a Short% of Shares Outstanding of 19628714 and a Short% of Float of 25.840000000000003.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, PEB has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.0027972027The stock’s 5-year Average Dividend Yield is 1.95.
