rts logo

Things appear to be looking up for Playa Hotels & Resorts N.V (PLYA)

Playa Hotels & Resorts N.V (NASDAQ: PLYA) is 9.83% higher on its value in year-to-date trading and has touched a low of $6.95 and a high of $10.13 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 $9.49 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $9.50, the stock is 4.74% and 12.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 0.11% at the moment leaves the stock 10.85% off its SMA200. PLYA registered 23.54% gain for a year compared to 6-month gain of 11.50%. The firm has a 50-day simple moving average (SMA 50) of $8.3786 and a 200-day simple moving average (SMA200) of $8.56495.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 8.70% loss in the last 1 month and extending the period to 3 months gives it a 27.18%, and is -4.14% down 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 2.23% over the week and 2.59% over the month.

Playa Hotels & Resorts N.V (PLYA) has around 14100 employees, a market worth around $1.15B and $963.02M in sales. Current P/E ratio is 19.88 and Fwd P/E is 15.46. Profit margin for the company is 6.83%. Distance from 52-week low is 36.69% and -6.22% from its 52-week high. The company has generated returns on investments over the last 12 months (4.18%).

with sales reaching $216M over the same period.The EPS is expected to grow by 14.91% this year, but quarterly earnings will post -5.32% year-over-year. Quarterly sales are estimated to shrink -10.93% in year-over-year returns.

Playa Hotels & Resorts N.V (PLYA) Top Institutional Holders

171.0 institutions hold shares in Playa Hotels & Resorts N.V (PLYA), with institutional investors hold 115.58% of the company’s shares. The shares outstanding are 136.08M, and float is at 87.14M with Short Float at 7.00%. Institutions hold 80.75% 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 DAVIDSON KEMPNER CAPITAL MANAG, the company’s 10% Owner. SEC filings show that DAVIDSON KEMPNER CAPITAL MANAG sold 100,000 shares of the company’s common stock on Nov 08 ’24 at a price of $9.74 per share for a total of $0.97 million. Following the sale, the insider now owns 12.14 million shares.

Playa Hotels & Resorts N.V disclosed in a document filed with the SEC on Jun 14 ’24 that Peterson Karl Mr. (Director) sold a total of 60,000 shares of the company’s common stock. The trade occurred on Jun 14 ’24 and was made at $8.31 per share for $0.5 million. Following the transaction, the insider now directly holds 2.47 million shares of the PLYA stock.

Still, SEC filings show that on Apr 09 ’24, Peterson Karl Mr. (Director) disposed off 5,000 shares at an average price of $9.58 for $47900.0. The insider now directly holds 2,529,033 shares of Playa Hotels & Resorts N.V (PLYA).

Related Posts