Pebblebrook Hotel Trust [PEB] Stock trading around $12.37 per share: What’s Next?

Pebblebrook Hotel Trust [NYSE: PEB] traded at a low on Wednesday, posting a -0.16 loss after which it closed the day’ session at $12.37.

The results of the trading session contributed to over 3093114 shares changing hands. Over the past one week, the price volatility of Pebblebrook Hotel Trust stands at 2.98% while the volatility over the past one month is 3.30%.

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The market cap for PEB stock reached $1.48 billion, with 120.19 million shares outstanding and 117.23 million shares in the current float. Compared to the average trading volume of 1.80M shares, PEB reached a trading volume of 3093114 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 $14.20 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 3.07. 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.

Compass Point have made an estimate for Pebblebrook Hotel Trust shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 28, 2024. The new note on the price target was released on January 08, 2024, representing the official price target for Pebblebrook Hotel Trust stock. Previously, the target price had yet another raise to $14, while Wedbush analysts kept a Neutral rating on PEB stock.

The Average True Range (ATR) for Pebblebrook Hotel Trust is set at 0.43, with the Price to Sales ratio for PEB stock in the period of the last 12 months amounting to 1.02. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 1.12. Price to Free Cash Flow for PEB in the course of the last twelve months was 18.93.

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 -2.37. With this latest performance, PEB shares dropped by -0.64% in over the last four-week period, additionally sinking by -15.74% over the last 6 months – not to mention a drop of -2.60% 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 46.05, with the RSI for the last a single of trading hit 45.27, and the three-weeks RSI is set at 46.39 for Pebblebrook Hotel Trust [PEB]. The present Moving Average for the last 50 days of trading for this stock 12.84, while it was recorded at 12.31 for the last single week of trading, and 13.97 for the last 200 days.

Earnings analysis for Pebblebrook Hotel Trust [PEB]

With the latest financial reports released by the company, Pebblebrook Hotel Trust posted -0.26/share EPS, while the average EPS was predicted by analysts to be reported at -0.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 3.00%.

Insider trade positions for Pebblebrook Hotel Trust [PEB]

There are presently around $120.60%, or 123.01%% of PEB stock, in the hands of institutional investors. The top three institutional holders of PEB stocks are: BLACKROCK INC. with ownership of 22.7 million shares, which is approximately 18.8998%. VANGUARD GROUP INC, holding 18.81 million shares of the stock with an approximate value of $$258.64 million in PEB stocks shares; and VANGUARD GROUP INC, currently with $$138.25 million in PEB stock with ownership which is approximately 8.372%.

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