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Tuesday, September 26, 2023

Analysts Point To Playa Hotels & Resorts N.V. (NASDAQ: PLYA) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Playa Hotels & Resorts N.V. (PLYA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.13%, to $7.46. The Playa Hotels & Resorts N.V. has recorded 5,093 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Wyndham Alltra to Debut Stunning New Oceanfront Resort on Shores of the Dominican’s Samaná Peninsula.

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Stocks Info

As a NASDAQ listed company, PLYA falls under the Consumer Cyclical sector while operating within the Resorts & Casinos industry segment. At the end of the last regular session, the stock closed at $7.45 and fluctuated between $7.51 as its day high and $7.32 as its day low. The current market capitalization of Playa Hotels & Resorts N.V. is $1.08B. A total of 0.72 million shares were traded on the day, compared to an average of 1.53M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PLYA has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 40,000 shares. Over the last 12 months, there were 13 BUYs and 18 SELLs from insiders. Insiders purchased 846,151 shares during that period but sold 330,087.

In the most recent transaction, DAVIDSON KEMPNER CAPITAL MANAG sold 400,000 shares of PLYA for 7.36 per share on Aug 10. After the transaction, the 10% Owner now owns 14,742,519 company shares. In a previous transaction on Jul 26, Peterson Karl Mr. sold 10,000 shares at 8.00 per share. PLYA shares that Director owns now total 2,609,033.

Among the insiders who sold shares, Peterson Karl Mr. disposed of 10,000 shares on Jul 11 at a per-share price of $8.23. This resulted in the Director holding 2,619,033 shares of PLYA after the transaction. In another insider transaction, Peterson Karl Mr. sold 5,000 shares at $8.00 per share on Jun 27. Company shares held by the Director now total 2,629,033.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PLYA in the last 3 months, the mean price target is $12.33 with high estimates of $16.00 and low estimates of $8.00. In terms of 52-week highs and lows, PLYA has a high of $9.77 and a low of $5.34.

As of this writing, PLYA has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.08. The company reported an EPS of $0.31 in the last quarter, which was 6.90% higher than expectations of $0.29.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PLYA’s latest balance sheet shows that the firm has $270.09M in Cash & Short Term Investments as of fiscal 2021. There were $1.14B in debt and $166.10M in liabilities at the time. Its Book Value Per Share was $4.41, while its Total Shareholder’s Equity was $630.83M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLYA is Buy with a score of 4.40.

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