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The price of Apple Hospitality REIT Inc (NYSE: APLE) closed at $14.13 in the last session, down -0.49% from day before closing price of $14.20. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 1.34 million shares were traded. APLE stock price reached its highest trading level at $14.32 during the session, while it also had its lowest trading level at $14.1.
Ratios:
We take a closer look at APLE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 99.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.62. 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 this company, Wedbush on June 03, 2024, initiated with a Neutral rating and assigned the stock a target price of $15.
On January 08, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $19 to $18.
Wells Fargo Downgraded its Overweight to Equal Weight on December 08, 2023, whereas the target price for the stock was revised from $18 to $17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when KNIGHT GLADE M bought 5,000 shares for $14.78 per share. The transaction valued at 73,900 led to the insider holds 631,990 shares of the business.
Bunting Glenn W Jr bought 549 shares of APLE for $8,004 on May 17 ’24. The Director now owns 10,549 shares after completing the transaction at $14.58 per share. On May 16 ’24, another insider, Hugh Redd, who serves as the Director of the company, bought 1,000 shares for $14.73 each. As a result, the insider paid 14,730 and bolstered with 125,223 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 3424348928 and an Enterprise Value of 5007832576. As of this moment, Apple’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.55, and their Forward P/E ratio for the next fiscal year is 16.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 3.677 whereas that against EBITDA is 11.323.
Stock Price History:
Over the past 52 weeks, APLE has reached a high of $17.85, while it has fallen to a 52-week low of $13.96. The 50-Day Moving Average of the stock is -3.05%, while the 200-Day Moving Average is calculated to be -10.38%.
Shares Statistics:
According to the various share statistics, APLE traded on average about 2.15M shares per day over the past 3-months and 1804390 shares per day over the past 10 days. A total of 241.52M shares are outstanding, with a floating share count of 226.19M. Insiders hold about 6.66% of the company’s shares, while institutions hold 86.85% stake in the company. Shares short for APLE as of 1718323200 were 9663644 with a Short Ratio of 4.49, compared to 1715731200 on 11065101. Therefore, it implies a Short% of Shares Outstanding of 9663644 and a Short% of Float of 6.29.
Dividends & Splits
The forward annual dividend rate for APLE is 0.96, which was 0.96 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06760563The stock’s 5-year Average Dividend Yield is 4.64.
