Apple Hospitality REIT Inc (NYSE: APLE) is -22.93% lower on its value in year-to-date trading and has touched a low of $10.44 and a high of $16.45 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 APLE stock was last observed hovering at around $11.81 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $11.83, the stock is -1.81% and -12.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing 0.17% at the moment leaves the stock -19.01% off its SMA200. APLE registered -20.51% loss for a year compared to 6-month loss of -22.07%. The firm has a 50-day simple moving average (SMA 50) of $13.4572 and a 200-day simple moving average (SMA200) of $14.6377.
The stock witnessed a -11.25% gain in the last 1 month and extending the period to 3 months gives it a -22.53%, and is 2.87% 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 2.59% over the week and 4.76% over the month.
Apple Hospitality REIT Inc (APLE) has around 65 employees, a market worth around $2.83B and $1.43B in sales. Current P/E ratio is 13.35 and Fwd P/E is 14.31. Profit margin for the company is 14.95%. Distance from 52-week low is 13.31% and -28.07% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
with sales reaching $329.13M over the same period.The EPS is expected to shrink by -10.49% this year, but quarterly earnings will post 0.11% year-over-year. Quarterly sales are estimated to shrink -0.12% in year-over-year returns.
Apple Hospitality REIT Inc (APLE) Top Institutional Holders
463.0 institutions hold shares in Apple Hospitality REIT Inc (APLE), with institutional investors hold 95.01% of the company’s shares. The shares outstanding are 239.77M, and float is at 222.08M with Short Float at 3.41%. Institutions hold 88.35% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 40.69 million shares valued at $591.63 million. The investor’s holdings represent 16.802% of the APLE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 36.22 million shares valued at $526.7 million to account for 14.9578 of the shares outstanding. The other top investors are STATE STREET CORP which holds 13.07 million shares representing 5.3973% and valued at over $191.07 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.6808 of the shares totaling 8.91 million with a market value of $129.61 million.
Apple Hospitality REIT Inc (APLE) Insider Activity
The most recent transaction is an insider purchase by Handlon Carolyn B, the company’s Director. SEC filings show that Handlon Carolyn B bought 7,250 shares of the company’s common stock on Mar 12 ’25 at a price of $13.70 per share for a total of $99289.0. Following the purchase, the insider now owns 22363.0 shares.
Apple Hospitality REIT Inc disclosed in a document filed with the SEC on Feb 28 ’25 that Hugh Redd (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $14.57 per share for $14570.0. Following the transaction, the insider now directly holds 0.14 million shares of the APLE stock.
Still, SEC filings show that on Feb 27 ’25, KNIGHT GLADE M (Executive Chairman) acquired 5,000 shares at an average price of $14.54 for $72700.0. The insider now directly holds 641,990 shares of Apple Hospitality REIT Inc (APLE).
