Playa Hotels & Resorts N.V. (NASDAQ: PLYA)’s stock price has gone rise by 0.89 in comparison to its previous close of 9.59, however, the company has experienced a -0.77% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-22 that Although the revenue and EPS for Playa Hotels (PLYA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in Playa Hotels & Resorts N.V. (NASDAQ: PLYA) Right Now?
Playa Hotels & Resorts N.V. (NASDAQ: PLYA) has a higher price-to-earnings ratio of 28.64x compared to its average ratio. PLYA has 36-month beta value of 1.54. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PLYA is 102.31M, and currently, short sellers hold a 3.01% ratio of that float. The average trading volume of PLYA on April 04, 2024 was 641.48K shares.
PLYA’s Market Performance
The stock of Playa Hotels & Resorts N.V. (PLYA) has seen a -0.77% decrease in the past week, with a 3.14% rise in the past month, and a 15.87% gain in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 1.70% for PLYA. The simple moving average for the past 20 days is 1.12% for PLYA’s stock, with a 20.43% simple moving average for the past 200 days.
Analysts’ Opinion of PLYA
Many brokerage firms have already submitted their reports for PLYA stocks, with BofA Securities repeating the rating for PLYA by listing it as a “Underperform.” The predicted price for PLYA in the upcoming period, according to BofA Securities is $8 based on the research report published on June 26, 2023 of the previous year 2023.
Citigroup, on the other hand, stated in their research note that they expect to see PLYA reach a price target of $8, previously predicting the price at $7.25. The rating they have provided for PLYA stocks is “Buy” according to the report published on December 14th, 2022.
Truist gave a rating of “Buy” to PLYA, setting the target price at $11 in the report published on May 09th of the previous year.
PLYA Trading at 7.04% from the 50-Day Moving Average
After a stumble in the market that brought PLYA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.68% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +1.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.36% upper at present.
During the last 5 trading sessions, PLYA fell by -0.87%, which changed the moving average for the period of 200-days by +7.39% in comparison to the 20-day moving average, which settled at $9.58. In addition, Playa Hotels & Resorts N.V. saw 11.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PLYA starting from Peterson Karl Mr., who sale 5,000 shares at the price of $9.45 back on Mar 19 ’24. After this action, Peterson Karl Mr. now owns 2,534,033 shares of Playa Hotels & Resorts N.V., valued at $47,250 using the latest closing price.
Buhler Brandon B, the Chief Accounting Officer of Playa Hotels & Resorts N.V., sale 35,915 shares at $9.04 during a trade that took place back on Feb 27 ’24, which means that Buhler Brandon B is holding 102,598 shares at $324,672 based on the most recent closing price.
Stock Fundamentals for PLYA
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.44 for the gross margin
The net margin for Playa Hotels & Resorts N.V. stands at 0.06. The total capital return value is set at 0.1. Equity return is now at value 8.83, with 2.69 for asset returns.
Based on Playa Hotels & Resorts N.V. (PLYA), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is 1.69.
Currently, EBITDA for the company is 258.05 million with net debt to EBITDA at 3.12. When we switch over and look at the enterprise to sales, we see a ratio of 2.17. The receivables turnover for the company is 10.81for trailing twelve months and the total asset turnover is 0.51.
Conclusion
To put it simply, Playa Hotels & Resorts N.V. (PLYA) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
