Playa Hotels & Resorts N.V. (NASDAQ: PLYA) is -7.51% lower on its value in year-to-date trading and has touched a low of $6.88 and a high of $9.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLYA stock was last observed hovering at around $7.75 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $8.00, the stock is 4.32% and 1.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 3.23% at the moment leaves the stock -5.83% off its SMA200. PLYA registered 10.50% gain for a year compared to 6-month loss of -17.10%.
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The stock witnessed a 7.10% gain in the last 1 month and extending the period to 3 months gives it a -3.26%, and is 4.71% 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 2.73% over the week and 2.41% over the month.
Playa Hotels & Resorts N.V. (PLYA) has around 14100 employees, a market worth around $1.04B and $992.29M in sales. Current P/E ratio is 18.73 and Fwd P/E is 13.89. Profit margin for the company is 5.85%. Distance from 52-week low is 16.36% and -18.78% from its 52-week high. The company has generated returns on investments over the last 12 months (3.54%).
The EPS is expected to shrink by -2.56% this year
190.0 institutions hold shares in Playa Hotels & Resorts N.V. (PLYA), with institutional investors hold 108.65% of the company’s shares. The shares outstanding are 136.08M, and float is at 92.85M with Short Float at 3.45%. Institutions hold 77.92% of the Float.
The top institutional shareholder in the company is HG VORA CAPITAL MANAGEMENT, LLC with over 12.5 million shares valued at $104.88 million. The investor’s holdings represent 9.1473 of the PLYA Shares outstanding. As of 2024-06-30, the second largest holder is DAVIDSON KEMPNER CAPITAL MANAGEMENT LP with 12.24 million shares valued at $102.59 million to account for 8.9589 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 11.89 million shares representing 8.7005 and valued at over $99.75 million, while DIMENSIONAL FUND ADVISORS LP holds 5.6153 of the shares totaling 7.67 million with a market value of $64.38 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 60,000 shares of the company’s common stock on Jun 14 ’24 at a price of $8.31 per share for a total of $0.5 million. Following the sale, the insider now owns 2.47 million shares.
Playa Hotels & Resorts N.V. disclosed in a document filed with the SEC on Apr 09 ’24 that Peterson Karl Mr. (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Apr 09 ’24 and was made at $9.58 per share for $47900.0. Following the transaction, the insider now directly holds 2.53 million shares of the PLYA stock.
Still, SEC filings show that on Mar 19 ’24, Peterson Karl Mr. (Director) disposed off 5,000 shares at an average price of $9.45 for $47250.0. The insider now directly holds 2,534,033 shares of Playa Hotels & Resorts N.V. (PLYA).
