The price-to-earnings ratio for Apple Hospitality REIT Inc (NYSE: APLE) is above average at 17.03x, Company’s 36-month beta value is 1.13.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for APLE is 224.57M, and currently, short sellers hold a 5.30% ratio of that floaft. The average trading volume of APLE on October 23, 2024 was 2.10M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
APLE) stock’s latest price update
The stock price of Apple Hospitality REIT Inc (NYSE: APLE) has dropped by -0.67 compared to previous close of 14.99. Despite this, the company has seen a fall of -0.80% in its stock price over the last five trading days. businesswire.com reported 2024-10-18 that RICHMOND, Va.–(BUSINESS WIRE)–Apple Hospitality REIT Announces Monthly Distribution.
APLE’s Market Performance
Apple Hospitality REIT Inc (APLE) has experienced a -0.80% fall in stock performance for the past week, with a -2.04% drop in the past month, and a 0.54% rise in the past quarter. The volatility ratio for the week is 1.36%, and the volatility levels for the past 30 days are at 1.67% for APLE. The simple moving average for the past 20 days is -0.90% for APLE’s stock, with a -1.92% simple moving average for the past 200 days.
Analysts’ Opinion of APLE
Many brokerage firms have already submitted their reports for APLE stocks, with Wedbush repeating the rating for APLE by listing it as a “Neutral.” The predicted price for APLE in the upcoming period, according to Wedbush is $15 based on the research report published on June 03, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see APLE reach a price target of $18, previously predicting the price at $19. The rating they have provided for APLE stocks is “Neutral” according to the report published on January 08th, 2024.
Wells Fargo gave a rating of “Equal Weight” to APLE, setting the target price at $17 in the report published on December 08th of the previous year.
APLE Trading at 1.84% from the 50-Day Moving Average
After a stumble in the market that brought APLE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.57% of loss for the given period.
Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 1.36%, as shares sank -2.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.69% upper at present.
During the last 5 trading sessions, APLE fell by -0.80%, which changed the moving average for the period of 200-days by -11.68% in comparison to the 20-day moving average, which settled at $15.03. In addition, Apple Hospitality REIT Inc saw -10.36% 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 APLE starting from Hugh Redd, who purchase 1,000 shares at the price of $14.10 back on Aug 21 ’24. After this action, Hugh Redd now owns 126,223 shares of Apple Hospitality REIT Inc, valued at $14,095 using the latest closing price.
KNIGHT GLADE M, the Executive Chairman of Apple Hospitality REIT Inc, purchase 5,000 shares at $14.04 during a trade that took place back on Aug 08 ’24, which means that KNIGHT GLADE M is holding 636,990 shares at $70,225 based on the most recent closing price.
Stock Fundamentals for APLE
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.26 for the gross margin
The net margin for Apple Hospitality REIT Inc stands at 0.15. The total capital return value is set at 0.06. Equity return is now at value 6.38, with 4.21 for asset returns.
Based on Apple Hospitality REIT Inc (APLE), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 3.39.
Currently, EBITDA for the company is 436.37 million with net debt to EBITDA at 3.55. When we switch over and look at the enterprise to sales, we see a ratio of 3.74. The receivables turnover for the company is 22.0for trailing twelve months and the total asset turnover is 0.27.
Conclusion
In a nutshell, Apple Hospitality REIT Inc (APLE) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
