Apple Hospitality REIT Inc. (APLE) Stock: Identifying Value and Future Vision

Currently, Apple Hospitality REIT Inc. [APLE] is trading at $16.84, up 2.50%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The APLE shares have gain 3.50% over the last week, with a monthly amount glided 2.37%, and seem to be holding up well over a long-time horizon.

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On 18, November 2022, Apple Hospitality REIT Announces December 2022 Distribution. In a post published today on Yahoo Finance, Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share for the month of December 2022. The distribution is payable on December 15, 2022, to shareholders of record as of December 2, 2022.

From an analyst’s perspective:

Apple Hospitality REIT Inc. [NYSE: APLE] stock has seen the most recent analyst activity on August 29, 2022, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $17 from $16. Previously, B. Riley Securities upgraded its rating to Buy on June 16, 2022. On April 22, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $23 on the stock. Wells Fargo downgraded its rating to a Underweight. Barclays upgraded its rating to a Overweight and raised its price target to $19 on September 01, 2021. B. Riley Securities downgraded its rating to Neutral for this stock on December 02, 2020, and upped its price target to $14. In a note dated October 05, 2020, Compass Point initiated an Buy rating and iterated a target price of $13 on this stock.

This stock has fluctuated between a low of $13.79 and a high of $18.69 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $19.75 within the next 12 months. Apple Hospitality REIT Inc. [NYSE: APLE] shares were valued at $16.84 at the most recent close of the market. An investor can expect a potential return of 17.28% based on the average APLE price forecast.

Analyzing the APLE fundamentals

Gross Margin for this corporation currently stands at +14.48% with Operating Margin at +10.09%, Pretax Margin comes in at +2.07%, and Net Margin reading is +2.02%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.58 points at the first support level, and at 16.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.99, and for the 2nd resistance point, it is at 17.14.

Apple Hospitality REIT Inc. [APLE] reported earnings per share of $0.29 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.23/share, meaning a difference of $0.06 and a surprise factor of 26.10%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $0.08 per share as compared to estimates of $0.05 per share, a difference of $0.03 representing a surprise of 60.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 1.17 and the P/E (TTM) ratio is 24.76.

Transactions by insiders

Insider trading, which has resulted in 4 insider purchases of 6,325 shares and 0 insider sales of 0 shares in the past three months, is now the topic of our analysis. Recent insider trading involved Woolley Howard E., Director, that happened on Nov 17 when 936.0 shares were purchased. Executive Chairman, KNIGHT GLADE M completed a deal on Nov 10 to buy 5000.0 shares. Meanwhile, Executive Chairman KNIGHT GLADE M bought 5000.0 shares on Aug 09.