Pebblebrook Hotel Trust [NYSE: PEB] traded at a low on 06/30/20, posting a -2.22 loss after which it closed the day’ session at $13.66. Pebblebrook recently made an announcement regarding a conference call that will be held today on July 1, 2020 at 10:30 AM ET. The company has scheduled the conference call to address Q2 operating trends to stakeholders.
In the conference call, the company will scrutinize the update on its hotel portfolio, resorts that are opened, and reopened in recent times. Moreover, Pebblebrook will also look upon the re-opening of the remaining hotels and how to overcome this pandemic situation. Updates on the performance of hotel operation will also be informed, recent trends, and all the relevant information including the financial status of the firm in hotel management will also be updated.
The results of the trading session contributed to over 10400547 shares changing hands. Over the past one week, the price volatility of Pebblebrook Hotel Trust stands at 6.44% while the volatility over the past one month is 7.86%.
The market cap for PEB stock reached $1.82 billion, with 130.56 million shares outstanding and 129.15 million shares in the current float. Compared to the average trading volume of 3.17M shares, PEB reached a trading volume of 10400547 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Pebblebrook Hotel Trust [PEB]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEB shares is $13.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEB stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Pebblebrook Hotel Trust shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on June 22, 2020. The new note on the price target was released on June 08, 2020, representing the official price target for Pebblebrook Hotel Trust stock. Previously, the target price had yet another raise to $16, while BTIG Research analysts kept a Buy rating on PEB stock. On April 07, 2020, analysts decreased their price target for PEB shares from 25 to 8.50.
The Average True Range (ATR) for Pebblebrook Hotel Trust is set at 1.13, with the Price to Sales ratio for PEB stock in the period of the last 12 months amounting to 1.20. The Price to Book ratio for the last quarter was 0.49, with the Price to Cash per share for the same quarter was set at 5.47. Price to Free Cash Flow for PEB in the course of the last twelve months was 20.12.
How has PEB stock performed recently?
Pebblebrook Hotel Trust [PEB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.15. With this latest performance, PEB shares dropped by -2.36% in over the last four-week period, additionally sinking by -49.12% over the last 6 months – not to mention a drop of -51.06% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEB stock in for the last two-week period is set at 48.74, with the RSI for the last a single of trading hit 46.68, and the three-weeks RSI is set at 49.87 for Pebblebrook Hotel Trust [PEB]. The present Moving Average for the last 50 days of trading for this stock 12.89, while it was recorded at 13.40 for the last single week of trading, and 20.18 for the last 200 days.
Pebblebrook Hotel Trust [PEB]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Pebblebrook Hotel Trust [PEB] shares currently have an operating margin of +8.19 and a Gross Margin at +17.58. Pebblebrook Hotel Trust’s Net Margin is presently recorded at +7.11.
Return on Total Capital for PEB is now 2.10, given the latest momentum, and Return on Invested Capital for the company is 1.83. Return on Equity for this stock inclined to 3.12, with Return on Assets sitting at 1.71. When it comes to the capital structure of this company, Pebblebrook Hotel Trust [PEB] has a Total Debt to Total Equity ratio set at 68.64. Additionally, PEB Total Debt to Total Capital is recorded at 40.70, with Total Debt to Total Assets ending up at 38.25. Long-Term Debt to Equity for the company is recorded at 68.15, with the Long-Term Debt to Total Capital now at 40.41.
Reflecting on the efficiency of the workforce at the company, Pebblebrook Hotel Trust [PEB] managed to generate an average of $1,985,310 per employee. Receivables Turnover for the company is 29.56 with a Total Asset Turnover recorded at a value of 0.24.
Earnings analysis for Pebblebrook Hotel Trust [PEB]
With the latest financial reports released by the company, Pebblebrook Hotel Trust posted 0.4/share EPS, while the average EPS was predicted by analysts to be reported at 0.33/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 21.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PEB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pebblebrook Hotel Trust go to 9.00%.
Insider trade positions for Pebblebrook Hotel Trust [PEB]
There are presently around $2,064 million, in the hands of institutional investors. The top three institutional holders of PEB stocks are: BLACKROCK INC. with ownership of 19,714,561, which is approximately 6.076% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 19,469,428 shares of the stock with an approximate value of $271.99 million in PEB stocks shares; and HG VORA CAPITAL MANAGEMENT, LLC, currently with $132.72 million in PEB stock with ownership of nearly 239.286% of the company’s market capitalization.
Positions in Pebblebrook Hotel Trust stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 124 institutional holders increased their position in Pebblebrook Hotel Trust [NYSE:PEB] by around 32,883,882 shares. Additionally, 150 investors decreased positions by around 34,842,137 shares, while 35 investors held positions by with 80,015,501 shares. The mentioned changes placed institutional holdings at 147,741,520 shares, according to the latest SEC report filing. PEB stock had 28 new institutional investments in for a total of 7,080,894 shares, while 72 institutional investors sold positions of 13,794,752 shares during the same period.