Playa Hotels & Resorts N.V [NASDAQ: PLYA] gained 2.32% or 0.3 points to close at $13.24 with a heavy trading volume of 64098382 shares.
The daily chart for PLYA points out that the company has recorded 79.65% gains over the past six months.
If we look at the average trading volume of 1.21M shares, PLYA reached to a volume of 64098382 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Playa Hotels & Resorts N.V [PLYA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PLYA shares is $13.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PLYA stock is a recommendation set at 2.14. 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.
Truist have made an estimate for Playa Hotels & Resorts N.V shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 07, 2025. While these analysts kept the previous recommendation, Citigroup raised their target price from $12 to $8. The new note on the price target was released on August 14, 2024, representing the official price target for Playa Hotels & Resorts N.V stock. Previously, the target price had yet another drop from $10 to $8, while BofA Securities kept a Underperform rating on PLYA stock. On December 14, 2022, analysts increased their price target for PLYA shares from 7.25 to 8.
The Average True Range (ATR) for Playa Hotels & Resorts N.V is set at 0.32, with the Price to Sales ratio for PLYA stock in the period of the last 12 months amounting to 1.67. The Price to Book ratio for the last quarter was 3.32, with the Price to Cash per share for the same quarter was set at 1.74. Price to Free Cash Flow for PLYA in the course of the last twelve months was 30.37.
Trading performance analysis for PLYA stock
Playa Hotels & Resorts N.V [PLYA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.75. With this latest performance, PLYA shares gained by 6.17% in over the last four-week period, additionally plugging by 79.65% over the last 6 months – not to mention a rise of 56.13% 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 PLYA stock in for the last two-week period is set at 71.60, with the RSI for the last a single of trading hit 74.46, and the three-weeks RSI is set at 70.29 for Playa Hotels & Resorts N.V [PLYA]. The present Moving Average for the last 50 days of trading for this stock 11.58, while it was recorded at 13.00 for the last single week of trading, and 9.17 for the last 200 days.
Playa Hotels & Resorts N.V [PLYA]: An earnings per share (EPS) analysis
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 PLYA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Playa Hotels & Resorts N.V go to 22.20%.
An analysis of Institutional ownership at Playa Hotels & Resorts N.V [PLYA]
There are presently around $81.26%, or 116.89%% of PLYA stock, in the hands of institutional investors. The top three institutional holders of PLYA stocks are: HG VORA CAPITAL MANAGEMENT, LLC with ownership of 12.5 million shares, which is approximately 9.1473%. DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, holding 12.24 million shares of the stock with an approximate value of $$102.59 million in PLYA stocks shares; and DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, currently with $$99.75 million in PLYA stock with ownership which is approximately 8.7005%.
