Playa Hotels & Resorts N.V. (NASDAQ: PLYA) is 11.45% higher on its value in year-to-date trading and has touched a low of $6.88 and a high of $9.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PLYA stock was last observed hovering at around $9.65 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $9.64, the stock is 2.91% and 9.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -0.10% at the moment leaves the stock 20.23% off its SMA200. PLYA registered 7.47% gain for a year compared to 6-month gain of 32.97%. The firm has a 50-day simple moving average (SMA 50) of $2.16 and a 200-day simple moving average (SMA200) of $8.28.
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The stock witnessed a 9.05% loss in the last 1 month and extending the period to 3 months gives it a 16.14%, and is 1.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 2.15% over the month.
Playa Hotels & Resorts N.V. (PLYA) has around 14100 employees, a market worth around $1.32B and $977.50M in sales. Current P/E ratio is 28.54 and Fwd P/E is 16.26. Profit margin for the company is 5.51%. Distance from 52-week low is 40.22% and -1.33% from its 52-week high. The company has generated returns on investments over the last 12 months (3.34%).
Playa Hotels & Resorts N.V. quarterly earnings per share for the current quarter are estimated at $0.3 with sales reaching $280.68M over the same period.The EPS is expected to shrink by -3.80% this year, but quarterly earnings will post -2.20% year-over-year. Quarterly sales are estimated to grow 6.60% in year-over-year returns.
156 institutions hold shares in Playa Hotels & Resorts N.V. (PLYA), with institutional investors hold 105.29% of the company’s shares. The shares outstanding are 136.08M, and float is at 102.31M with Short Float at 3.12%. Institutions hold 77.21% of the Float.
The top institutional shareholder in the company is Davidson Kempner Partners with over 15.14 million shares valued at $145.37 million. The investor’s holdings represent 10.25% of the PLYA Shares outstanding. As of Jun 29, 2023, the second largest holder is Davidson Kempner Capital Management LP with 15.14 million shares valued at $123.26 million to account for 10.25% of the shares outstanding. The other top investors are Morgan Stanley which holds 13.84 million shares representing 9.37% and valued at over $112.66 million, while HG Vora Capital Management, LLC holds 7.45% of the shares totaling 11.0 million with a market value of $89.54 million.
Playa Hotels & Resorts N.V. (PLYA) Insider Activity
The most recent transaction is an insider sale by Peterson Karl Mr., the company’s Director. SEC filings show that Peterson Karl Mr. sold 5,000 shares of the company’s common stock on Mar 19 ’24 at a price of $9.45 per share for a total of $47250.0. Following the sale, the insider now owns 2.53 million shares.
Playa Hotels & Resorts N.V. disclosed in a document filed with the SEC on Feb 27 ’24 that Buhler Brandon B (Chief Accounting Officer) sold a total of 35,915 shares of the company’s common stock. The trade occurred on Feb 27 ’24 and was made at $9.04 per share for $0.32 million. Following the transaction, the insider now directly holds 0.1 million shares of the PLYA stock.
Still, SEC filings show that on Feb 27 ’24, Peterson Karl Mr. (Director) disposed off 20,000 shares at an average price of $9.22 for $0.18 million. The insider now directly holds 2,539,033 shares of Playa Hotels & Resorts N.V. (PLYA).
