Playa Hotels & Resorts N.V (NASDAQ: PLYA) is 5.61% higher on its value in year-to-date trading and has touched a low of $6.95 and a high of $13.38 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 $13.35 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $13.36, the stock is 1.13% and 6.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.03 million and changing 0.07% at the moment leaves the stock 41.07% off its SMA200. PLYA registered 46.01% gain for a year compared to 6-month gain of 74.87%.
The stock witnessed a 6.97% loss in the last 1 month and extending the period to 3 months gives it a 36.75%, and is 0.41% 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 0.54% over the week and 1.08% over the month.
Playa Hotels & Resorts N.V (PLYA) has around 13000 employees, a market worth around $1.64B and $939.68M in sales. Current P/E ratio is 24.59 and Fwd P/E is 17.27. Profit margin for the company is 7.86%. Distance from 52-week low is 92.23% and -0.15% from its 52-week high. The company has generated returns on investments over the last 12 months (4.78%).
The EPS is expected to shrink by -20.73% this year.
Playa Hotels & Resorts N.V (PLYA) Top Institutional Holders
The shares outstanding are 121.55M, and float is at 87.32M with Short Float at 15.87%.
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 9.4392% 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 9.2448 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
A total of 0 insider transactions have happened at Playa Hotels & Resorts N.V (PLYA) in the last six months, with sales accounting for 0 and purchases happening 0 times. 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).
Playa Hotels & Resorts N.V (PLYA): Who are the competitors?
The company’s main competitors (and peers) include Marriott International Inc. (MAR) that is trading 12.25% up over the past 12 months. Minor International PCL ADR (MNILY) that is -11.21% lower over the same period.
