The stock of Braemar Hotels & Resorts Inc (BHR) has gone down by -13.39% for the week, with a 18.92% rise in the past month and a 1.38% rise in the past quarter. The volatility ratio for the week is 7.22%, and the volatility levels for the past 30 days are 5.89% for BHR. The simple moving average for the past 20 days is 2.25% for BHR’s stock, with a -14.77% simple moving average for the past 200 days.
Is It Worth Investing in Braemar Hotels & Resorts Inc (NYSE: BHR) Right Now?
The 36-month beta value for BHR is also noteworthy at 2.06. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BHR is 58.34M, and at present, short sellers hold a 3.49% of that float. The average trading volume of BHR on April 19, 2024 was 309.33K shares.
BHR) stock’s latest price update
Braemar Hotels & Resorts Inc (NYSE: BHR)’s stock price has gone decline by -9.84 in comparison to its previous close of 2.44, however, the company has experienced a -13.39% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-04-17 that Braemar’s dividend coverage is only at 80%, and it has a front-loaded debt repayment schedule. The company saw its AFFO per share dip by 12 cents year-over-year. The collapse of AINC and interest rates remaining higher for longer spell gloom for BHR.
Analysts’ Opinion of BHR
Many brokerage firms have already submitted their reports for BHR stocks, with B. Riley Securities repeating the rating for BHR by listing it as a “Neutral.” The predicted price for BHR in the upcoming period, according to B. Riley Securities is $3.50 based on the research report published on August 14, 2023 of the previous year 2023.
Oppenheimer gave a rating of “Outperform” to BHR, setting the target price at $9 in the report published on April 22nd of the previous year.
BHR Trading at 2.40% from the 50-Day Moving Average
After a stumble in the market that brought BHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.66% of loss for the given period.
Volatility was left at 5.89%, however, over the last 30 days, the volatility rate increased by 7.22%, as shares surge +14.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.22% lower at present.
During the last 5 trading sessions, BHR fell by -13.39%, which changed the moving average for the period of 200-days by -46.08% in comparison to the 20-day moving average, which settled at $2.17. In addition, Braemar Hotels & Resorts Inc saw -12.00% 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 BHR starting from Vaziri Abteen, who sale 1,321 shares at the price of $2.81 back on Oct 16 ’23. After this action, Vaziri Abteen now owns 0 shares of Braemar Hotels & Resorts Inc, valued at $3,712 using the latest closing price.
Stockton Richard J, the CEO and President of Braemar Hotels & Resorts Inc, purchase 720 shares at $12.00 during a trade that took place back on Sep 27 ’23, which means that Stockton Richard J is holding 8,150 shares at $8,640 based on the most recent closing price.
Stock Fundamentals for BHR
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.21 for the gross margin
The net margin for Braemar Hotels & Resorts Inc stands at -0.04. The total capital return value is set at 0.03. Equity return is now at value -3.38, with -1.17 for asset returns.
Based on Braemar Hotels & Resorts Inc (BHR), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.46. The interest coverage ratio of the stock is 0.63.
Currently, EBITDA for the company is 147.48 million with net debt to EBITDA at 6.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 12.99for trailing twelve months and the total asset turnover is 0.33.
Conclusion
In summary, Braemar Hotels & Resorts Inc (BHR) has had a mixed performance as of late. Analysts have mixed 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.
