The stock of Service Properties Trust (NASDAQ: SVC) has decreased by -4.21 when compared to last closing price of 6.06. Despite this, the company has experienced a -3.25% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that While the top- and bottom-line numbers for Service Properties (SVC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Is It Worth Investing in Service Properties Trust (NASDAQ: SVC) Right Now?
The 36-month beta value for SVC is at 2.23. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SVC is 161.66M, and currently, shorts hold a 5.17% of that float. The average trading volume for SVC on May 08, 2024 was 1.07M shares.
SVC’s Market Performance
SVC’s stock has seen a -3.25% decrease for the week, with a -14.38% drop in the past month and a -22.70% fall in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are at 2.84% for Service Properties Trust The simple moving average for the last 20 days is -6.74% for SVC stock, with a simple moving average of -22.55% for the last 200 days.
Analysts’ Opinion of SVC
Many brokerage firms have already submitted their reports for SVC stocks, with HSBC Securities repeating the rating for SVC by listing it as a “Hold.” The predicted price for SVC in the upcoming period, according to HSBC Securities is $8 based on the research report published on October 23, 2023 of the previous year 2023.
Oppenheimer, on the other hand, stated in their research note that they expect to see SVC reach a price target of $8.50. The rating they have provided for SVC stocks is “Perform” according to the report published on April 22nd, 2022.
B. Riley Securities gave a rating of “Buy” to SVC, setting the target price at $13 in the report published on February 28th of the previous year.
SVC Trading at -10.38% from the 50-Day Moving Average
After a stumble in the market that brought SVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.18% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -10.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.42% lower at present.
During the last 5 trading sessions, SVC fell by -3.42%, which changed the moving average for the period of 200-days by -32.30% in comparison to the 20-day moving average, which settled at $6.19. In addition, Service Properties Trust saw -32.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SVC
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.43 for the gross margin
The net margin for Service Properties Trust stands at -0.07. The total capital return value is set at 0.07. Equity return is now at value -10.98, with -1.86 for asset returns.
Currently, EBITDA for the company is 637.36 million with net debt to EBITDA at -0.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.48.
Conclusion
In conclusion, Service Properties Trust (SVC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
