During the recent session, Playa Hotels & Resorts N.V. (NASDAQ:PLYA)’s traded shares were 0.6 million, with the beta value of the company hitting 1.69. At the last check today, the stock’s price was $8.44, reflecting an intraday gain of 2.62% or $0.22. The 52-week high for the PLYA share is $9.81, that puts it down -16.23 from that peak though still a striking 27.37% gain since the share price plummeted to a 52-week low of $6.13. The company’s market capitalization is $1.29B, and the average intraday trading volume over the past 10 days was 2.19 million shares, and the average trade volume was 1.40 million shares over the past three months.
Playa Hotels & Resorts N.V. (PLYA) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.20. PLYA has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.03.
Playa Hotels & Resorts N.V. (NASDAQ:PLYA) trade information
Playa Hotels & Resorts N.V. (PLYA) registered a 2.62% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.62% in intraday trading to $8.44 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -1.67%, and it has moved by 6.48% in 30 days. Based on these gigs, the overall price performance for the year is 14.01%. The short interest in Playa Hotels & Resorts N.V. (NASDAQ:PLYA) is 1.71 million shares and it means that shorts have 1.13 day(s) to cover.
The consensus price target of analysts on Wall Street is $12.83, which implies an increase of 34.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.00 and $17.00 respectively. As a result, PLYA is trading at a discount of -101.42% off the target high and -6.64% off the low.
Playa Hotels & Resorts N.V. (PLYA) estimates and forecasts
Statistics show that Playa Hotels & Resorts N.V. has outperformed its competitors in share price, compared to the industry in which it operates. Playa Hotels & Resorts N.V. (PLYA) shares have gone up 1.36% during the last six months, with a year-to-date growth rate more than the industry average at 145.83% against 39.20. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 93.20% this quarter and then jump 132.30% in the quarter after that. In the rating firms’ projections, revenue will increase 90.00% compared to the previous financial year.
Revenue for the current quarter is expected to be $165.2 million as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $199.17 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $66.24 million and $67.7 million respectively. In this case, analysts expect current quarter sales to grow by 149.40% and then jump by 194.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -3.40%. While earnings are projected to return 72.30% in 2022.
Playa Hotels & Resorts N.V. is due to release its next quarterly earnings between March 02 and March 07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Playa Hotels & Resorts N.V. (NASDAQ:PLYA)’s Major holders
Playa Hotels & Resorts N.V. insiders own 20.94% of total outstanding shares while institutional holders control 76.36%, with the float percentage being 96.59%. Davidson Kempner Capital Management LP is the largest shareholder of the company, while 159 institutions own stock in it. As of Dec 30, 2021, the company held over 15.14 million shares (or 9.22% of all shares), a total value of $120.84 million in shares.
The next largest institutional holding, with 11.53 million shares, is of Rubric Capital Management LP’s that is approximately 7.02% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $91.98 million.
Also, the Mutual Funds coming in first place with the largest holdings of Playa Hotels & Resorts N.V. (PLYA) shares are Harbor Small Cap Growth Fund and Vanguard Extended Market Index Fund. Data provided on Oct 30, 2021 indicates that Harbor Small Cap Growth Fund owns about 1.84 million shares. This amounts to just over 1.12 percent of the company’s overall shares, with a $15.65 million market value. The same data shows that the other fund manager holds slightly less at 1.75 million, or about 1.06% of the stock, which is worth about $13.95 million.