The stock price of Pebblebrook Hotel Trust (NYSE: PEB) has surged by 2.45 when compared to previous closing price of 15.08, but the company has seen a 4.96% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that Although the revenue and EPS for Pebblebrook Hotel (PEB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in Pebblebrook Hotel Trust (NYSE: PEB) Right Now?
PEB has 36-month beta value of 1.82. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for PEB is 118.00M, and currently, short sellers hold a 17.36% ratio of that float. The average trading volume of PEB on April 24, 2024 was 1.46M shares.
PEB’s Market Performance
PEB’s stock has seen a 4.96% increase for the week, with a -3.01% drop in the past month and a -2.52% fall in the past quarter. The volatility ratio for the week is 3.42%, and the volatility levels for the past 30 days are at 3.08% for Pebblebrook Hotel Trust The simple moving average for the last 20 days is 1.46% for PEB stock, with a simple moving average of 6.48% for the last 200 days.
Analysts’ Opinion of PEB
Many brokerage firms have already submitted their reports for PEB stocks, with Compass Point repeating the rating for PEB by listing it as a “Neutral.” The predicted price for PEB in the upcoming period, according to Compass Point is $17 based on the research report published on March 28, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see PEB reach a price target of $13.50. The rating they have provided for PEB stocks is “Underperform” according to the report published on January 08th, 2024.
Wedbush gave a rating of “Neutral” to PEB, setting the target price at $14 in the report published on October 03rd of the previous year.
PEB Trading at -1.34% 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 -7.21% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares surge +0.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.84% lower at present.
During the last 5 trading sessions, PEB rose by +4.96%, which changed the moving average for the period of 200-days by +8.57% in comparison to the 20-day moving average, which settled at $15.23. In addition, Pebblebrook Hotel Trust saw -3.32% 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 Martz Raymond D, who sale 11,441 shares at the price of $15.72 back on Feb 26 ’24. After this action, Martz Raymond D now owns 253,385 shares of Pebblebrook Hotel Trust, valued at $179,807 using the latest closing price.
Fisher Thomas Charles, the Co-President, C Investmt Ofcr of Pebblebrook Hotel Trust, sale 11,441 shares at $15.62 during a trade that took place back on Feb 26 ’24, which means that Fisher Thomas Charles is holding 254,449 shares at $178,697 based on the most recent closing price.
Stock Fundamentals for PEB
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.53 for the gross margin
The net margin for Pebblebrook Hotel Trust stands at -0.07. The total capital return value is set at 0.01. Equity return is now at value -2.72, with -1.31 for asset returns.
Currently, EBITDA for the company is 293.01 million with net debt to EBITDA at -0.54. When we switch over and look at the enterprise to sales, we see a ratio of 1.26. The receivables turnover for the company is 26.48for trailing twelve months and the total asset turnover is 0.25.
Conclusion
To put it simply, Pebblebrook Hotel Trust (PEB) has had a mixed performance in recent times. Analysts have a mixed 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.
