Playa Hotels & Resorts N.V (NASDAQ:PLYA) price on Friday, January 17, rose 0.40% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $12.50.
A look at the stock’s price movement, the close in the last trading session was $12.45, moving within a range at $12.43 and $12.58. The beta value (5-Year monthly) was 1.608 while the PE ratio in trailing twelve months stood at 26.16. Turning to its 52-week performance, $12.81 and $6.95 were the 52-week high and 52-week low respectively. Overall, PLYA moved 23.27% over the past month.
Playa Hotels & Resorts N.V’s market cap currently stands at around $1.52 billion, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 214.56M for the company’s revenue for the quarter, with a low and high estimate of 210.1M and 223.74M respectively. The average forecast suggests down to a -11.53% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 923.2M, representing a -5.55% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PLYA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend PLYA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PLYA’s current price about 4.33% and 17.23% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.39, while 7-day volatility ratio is 1.93% and 3.08% in the 30-day chart. Further, Playa Hotels & Resorts N.V (PLYA) has a beta value of 1.55, and an average true range (ATR) of 0.35. Analysts have given the company’s stock an average 52-week price target of $13, forecast between a low of $13 and high of $13. Looking at the price targets, the low is -4.0% off current price level while to achieve the yearly target high, price needs to move -4.0%. Nonetheless, investors will most likely welcome a -4.0% jump to $13 which is the analysts’ median price.
If we refocus on Playa Hotels & Resorts N.V (NASDAQ:PLYA), historical trading data shows that trading volumes averaged 1.13 over the past 10 days and 1.17 million over the past 3 months. The company’s latest data on shares outstanding shows there are 124.55 million shares.
The 28.70% of Playa Hotels & Resorts N.V’s shares are in the hands of company insiders while institutional holders own 78.72% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.08 million on 2024-12-31, giving us a short ratio of 3.14. The data shows that as of 2024-12-31 short interest in Playa Hotels & Resorts N.V (PLYA) stood at 378.0 of shares outstanding, with shares short falling to 4.41 million registered in 2024-11-29. Current price change has pushed the stock -1.19% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PLYA stock continues to rise going into the next quarter.
