Playa Hotels & Resorts N.V. (NASDAQ: PLYA) has seen a decline in its stock price by -1.44 in relation to its previous close of 9.00. However, the company has experienced a -6.53% decline in its stock price over the last five trading sessions. 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?
The price-to-earnings ratio for Playa Hotels & Resorts N.V. (NASDAQ: PLYA) is above average at 26.26x. The 36-month beta value for PLYA is also noteworthy at 1.54. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for PLYA is 100.59M, and at present, short sellers hold a 2.93% of that float. The average trading volume of PLYA on April 19, 2024 was 654.96K shares.
PLYA’s Market Performance
PLYA stock saw a decrease of -6.53% in the past week, with a monthly decline of -7.22% and a quarterly a decrease of 9.37%. The volatility ratio for the week is 2.20%, and the volatility levels for the last 30 days are 1.79% for Playa Hotels & Resorts N.V. (PLYA). The simple moving average for the last 20 days is -6.60% for PLYA stock, with a simple moving average of 9.81% for the last 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 -4.09% 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 -9.86% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -8.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.60% upper at present.
During the last 5 trading sessions, PLYA fell by -6.53%, which changed the moving average for the period of 200-days by +8.30% in comparison to the 20-day moving average, which settled at $9.46. In addition, Playa Hotels & Resorts N.V. saw 2.54% 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 $9.58 back on Apr 09 ’24. After this action, Peterson Karl Mr. now owns 2,529,033 shares of Playa Hotels & Resorts N.V., valued at $47,900 using the latest closing price.
Peterson Karl Mr., the Director of Playa Hotels & Resorts N.V., sale 5,000 shares at $9.45 during a trade that took place back on Mar 19 ’24, which means that Peterson Karl Mr. is holding 2,534,033 shares at $47,250 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 2.04. The receivables turnover for the company is 10.81for trailing twelve months and the total asset turnover is 0.51.
Conclusion
In summary, Playa Hotels & Resorts N.V. (PLYA) has had a mixed 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.
