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Analysts predict that Playa Hotels & Resorts NV (Nasdaq: PLYA) will post earnings per share (EPS) of $ 0.07 For Zacks Investment Research estimates, three analysts have estimated the benefits of Playa Hotels & Resorts: the lowest is $ 0.06 and the highest $ 0.08, while Playa Hotels & Resorts posted earnings per share of $ 0.03 in the same quarter of Last year. The company is expected to release its next quarterly earnings report on Friday, August 3rd.
According to Zacks, analysts expect Playa Hotels & Resorts to report a full year of growth. Zacks earnings per share are in the range of $ 0.30 per share for the current year, with EPS estimates of $ 0.29 to $ 0.31 for the year. following. a survey of research firms following Playa Hotels & Resorts.
Playa Hotels & Resorts (NASDAQ: PLYA) last released its quarterly earnings data on Monday, May 7th. The company announced earnings per share (EPS) of $ 0.32 for the quarter, surpassing Thomson Reuters' consensus estimate of $ 0.26 by $ 0.06. Playa Hotels & Resorts has a positive return on equity of 6.46% and a negative net margin of 1.08%. The company achieved a turnover of 176.85 million dollars during the quarter, against 172.88 million dollars for analysts. During the same quarter last year, the company generated earnings of $ 0.28 per share. The company's quarterly revenues rose 1.6% from one year to the next.
Several equity research analysts have published reports on PLYA shares. Zacks Investment Research has elevated Playa Hotels & Resorts from a "hold" rating to a "buy" rating and set a target price of $ 12.00 for the company in a research note on Tuesday, June 26. BidaskClub has elevated Playa Hotels & Resorts from a "sale" rating to a "keep" rating in a research note on Saturday, June 2nd. An analyst assigned a note to the action and four awarded a purchase grade to the company. The company currently has an average buy rating and a consensus target price of $ 14.19.
PLYA shares rose $ 0.11 in mid-day Friday, reaching $ 11.17. 1,907,008 shares were exchanged for an average volume of 194,030. The company has a fast ratio of 1.57, a ratio of 1.65 and a debt ratio of 1.44. Playa Hotels & Resorts has a 12-month low of $ 9.41 and a high of $ 12.26 in 12 months. The company has a market capitalization of $ 1.48 billion, a price / earnings ratio of 31.91 and a beta of -0.04.
In addition, COO Alexander Stadlin sold 4,924 shares of Playa Hotels & Resorts in connection with a transaction dated Thursday, May 31. The stock was sold at an average price of $ 10.51, for a total value of $ 51,751.24. The transaction was disclosed in a SEC filing, which is available at this link. In addition, CFO Ryan Paul Hymel sold 2,922 shares of Playa Hotels & Resorts as part of a transaction dated Thursday, May 31st. The stock was sold at an average price of $ 10.50, for a total value of $ 30,681.00. The disclosure for this sale can be found here. Over the past ninety days, insiders sold 10,483 shares valued at $ 110,147. Company insiders own 2.74% of the shares of the company.
Several institutional investors and hedge funds recently added or reduced their holdings in the company. Northern Trust Corp increased its holdings of Playa Hotels & Resorts by 4.1% in the first quarter. Northern Trust Corp now owns 131,710 shares of the company valued at $ 1,346,000 after purchasing 5,235 additional shares during the period. Raymond James & Associates increased its holdings of Playa Hotels & Resorts by 4.3% in the fourth quarter. Raymond James & Associates now owns 140,012 shares of the company valued at $ 1,511,000 after purchasing 5,726 additional shares during the period. Dynamic Technology Private Lab Ltd has bought a new position in shares of Playa Hotels & Resorts in the first quarter of about $ 110,000. CI Investments Inc. increased its holdings of Playa Hotels & Resorts by 10.5% in the first quarter. CI Investments Inc. now holds 128,200 shares of the company valued at $ 1,310,000 after purchasing 12,200 additional shares during the period. Finally, Schwab Charles Investment Management Inc. increased its holdings of Playa Hotels & Resorts by 10.8% in the fourth quarter. Schwab Charles Investment Management Inc. now holds 146,470 shares of the Company valued at $ 1,581,000 after purchasing 14,230 additional shares during the period. Hedge funds and other institutional investors hold 68.90% of the shares of the company.
About Playa Hotels & Resorts
Playa Blanca Hotels & Resorts NV owns, operates, develops and manages all-inclusive resorts in prime seafront locations in a variety of destinations. vacation in Mexico and the Caribbean. The company owns, operates and manages resorts under the Hyatt Ziva, Panama Jack, Dreams, Sanctuary, Hyatt Zilara, THE Royal and Secrets brands.
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