The 36-month beta value for PEB is also noteworthy at 1.85. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
The average price estimated by analysts for PEB is $17.00, which is $3.81 above than the current price. The public float for PEB is 125.08M, and at present, short sellers hold a 12.59% of that float. The average trading volume of PEB on March 17, 2023 was 2.37M shares.
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PEB) stock’s latest price update
Pebblebrook Hotel Trust (NYSE: PEB)’s stock price has decreased by -3.01 compared to its previous closing price of 13.60. However, the company has seen a fall of -4.97% in its stock price over the last five trading days.
PEB’s Market Performance
Pebblebrook Hotel Trust (PEB) has seen a -4.97% fall in stock performance for the week, with a -20.06% decline in the past month and a -15.66% plunge in the past quarter. The volatility ratio for the week is 4.37%, and the volatility levels for the past 30 days are at 3.96% for PEB. The simple moving average for the last 20 days is -9.03% for PEB stock, with a simple moving average of -20.36% for the last 200 days.
Analysts’ Opinion of PEB
Morgan Stanley, on the other hand, stated in their research note that they expect to see PEB reach a price target of $15. The rating they have provided for PEB stocks is “Underweight” according to the report published on December 05th, 2022.
BMO Capital Markets gave a rating of “Market Perform” to PEB, setting the target price at $18 in the report published on December 02nd of the previous year.
PEB Trading at -11.55% from the 50-Day Moving Average
After a stumble in the market that brought PEB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.54% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.37%, as shares sank -14.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.19% lower at present.
During the last 5 trading sessions, PEB fell by -5.01%, which changed the moving average for the period of 200-days by -41.43% in comparison to the 20-day moving average, which settled at $14.38. In addition, Pebblebrook Hotel Trust saw -1.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PEB starting from BORTZ JON E, who purchase 6,000 shares at the price of $13.68 back on Mar 14. After this action, BORTZ JON E now owns 1,094,102 shares of Pebblebrook Hotel Trust, valued at $82,068 using the latest closing price.
BORTZ JON E, the Chairman and CEO of Pebblebrook Hotel Trust, purchase 10,000 shares at $13.78 during a trade that took place back on Mar 13, which means that BORTZ JON E is holding 1,088,102 shares at $137,780 based on the most recent closing price.
Stock Fundamentals for PEB
Current profitability levels for the company are sitting at:
- +7.10 for the present operating margin
- +10.25 for the gross margin
The net margin for Pebblebrook Hotel Trust stands at -6.27. Equity return is now at value -4.00, with -2.00 for asset returns.
Conclusion
In summary, Pebblebrook Hotel Trust (PEB) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
