In last trading session, Service Properties Trust (NASDAQ:SVC) saw 2.09 million shares changing hands with its beta currently measuring 2.26. Company’s recent per share price level of $3.16 trading at -$0.15 or -4.53% at ring of the bell on the day assigns it a market valuation of $524.21M. That closing price of SVC’s stock is at a discount of -175.95% from its 52-week high price of $8.72 and is indicating a premium of 7.28% from its 52-week low price of $2.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.49 million shares which gives us an average trading volume of 1.63 million if we extend that period to 3-months.
For Service Properties Trust (SVC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.32 in the current quarter.
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
Service Properties Trust (NASDAQ:SVC) trade information
Upright in the red during last session for losing -4.53%, in the last five days SVC remained trading in the red while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $3.16 price level, adding 6.78% to its value on the day. Service Properties Trust’s shares saw a change of -63.00% in year-to-date performance and have moved -1.25% in past 5-day. Service Properties Trust (NASDAQ:SVC) showed a performance of -32.91% in past 30-days. Number of shares sold short was 6.94 million shares which calculate 6.51 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 60.5% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would drop -26.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -26.58% for stock’s current value.
Service Properties Trust (SVC) estimates and forecasts
Statistics highlight that Service Properties Trust is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -46.08% of value to its shares in past 6 months, showing an annual growth rate of -27.11% while that of industry is -2.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 0.10% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 441.94M for the same. And 2 analysts are in estimates of company making revenue of 434.34M in the next quarter. Company posted 444.05M and 427.75M of sales in current and next quarters respectively a year earlier.
SVC Dividends
Service Properties Trust is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 19.30%, the share has a forward dividend of 0.61 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 7.85%.
Service Properties Trust (NASDAQ:SVC)’s Major holders
Insiders are in possession of 6.64% of company’s total shares while institution are holding 79.44 percent of that, with stock having share float percentage of 85.09%. Investors also watch the number of corporate investors in a company very closely, which is 79.44% institutions for Service Properties Trust that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SVC for having 30.85 million shares of worth $158.59 million. And as of 2024-06-30, it was holding 18.6821 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 26.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 16.0197 of outstanding shares, having a total worth of $135.99 million.
