Service Properties Trust (NASDAQ: SVC) is 3.94% higher on its value in year-to-date trading and has touched a low of $2.29 and a high of $8.15 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 SVC stock was last observed hovering at around $2.61 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $2.64, the stock is 4.85% and -2.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 1.15% at the moment leaves the stock -42.02% off its SMA200. SVC registered -67.61% loss for a year compared to 6-month loss of -55.18%. The firm has a 50-day simple moving average (SMA 50) of $2.72 and a 200-day simple moving average (SMA200) of $4.57415.
The stock witnessed a 1.93% gain in the last 1 month and extending the period to 3 months gives it a -42.86%, and is 2.72% 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 3.91% over the week and 6.17% over the month.
Profit margin for the company is -12.87%. Distance from 52-week low is 15.28% and -67.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.74%).
The EPS is expected to shrink by -600.00% this year
332.0 institutions hold shares in Service Properties Trust (SVC), with institutional investors hold 85.68% of the company’s shares. The shares outstanding are 166.65M, and float is at 153.83M with Short Float at 2.55%. Institutions hold 80.02% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 30.85 million shares valued at $158.59 million. The investor’s holdings represent 18.6821 of the SVC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 26.46 million shares valued at $135.99 million to account for 16.0197 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.13 million shares representing 5.5251 and valued at over $46.9 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.438 of the shares totaling 5.68 million with a market value of $29.19 million.
Service Properties Trust (SVC) Insider Activity
The most recent transaction is an insider purchase by Donley Brian E., the company’s CFO and Treasurer. SEC filings show that Donley Brian E. bought 3,000 shares of the company’s common stock on Nov 08 ’24 at a price of $3.25 per share for a total of $9750.0. Following the purchase, the insider now owns 91813.0 shares.
Service Properties Trust disclosed in a document filed with the SEC on May 23 ’24 that Donley Brian E. (CFO and Treasurer) bought a total of 3,000 shares of the company’s common stock. The trade occurred on May 23 ’24 and was made at $5.44 per share for $16310.0. Following the transaction, the insider now directly holds 64888.0 shares of the SVC stock.
