Wall Street predicts Playa Hotels & Resorts N.V (PLYA) stock to surge by 28.21%

Playa Hotels & Resorts N.V [PLYA] stock prices are up 0.20% to $10.14 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PLYA shares have gain 2.63% over the last week, with a monthly amount glided 6.62%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Playa Hotels & Resorts N.V [NASDAQ: PLYA] stock has seen the most recent analyst activity on August 14, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $8 from $12. Previously, BofA Securities downgraded its rating to Underperform on June 26, 2023, and dropped its price target to $8. On December 14, 2022, upgrade upgraded it’s rating to Buy and revised its price target to $8 on the stock. Truist upgraded its rating to a Buy and increased its price target to $11 on May 09, 2022. Oppenheimer initiated its recommendation with a Outperform and recommended $13 as its price target on April 22, 2022. BofA Securities started tracking with a Buy rating for this stock on April 13, 2021, and assigned it a price target of $10. In a note dated December 15, 2020, Citigroup upgraded an Neutral rating on this stock and boosted its target price from $3 to $5.25.

The stock price of Playa Hotels & Resorts N.V [PLYA] has been fluctuating between $6.95 and $10.50 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Playa Hotels & Resorts N.V [NASDAQ: PLYA] shares were valued at $10.14 at the most recent close of the market. An investor can expect a potential return of 28.21% based on the average PLYA price forecast.

Analyzing the PLYA fundamentals

The Playa Hotels & Resorts N.V [NASDAQ:PLYA] reported sales of 963.02M for trailing twelve months, representing a drop of -13.73%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.12.

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 9.81 points at the first support level, and at 9.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.44, and for the 2nd resistance point, it is at 10.73.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 2.54 and price to earnings (TTM) ratio is 21.22.

Transactions by insiders

Recent insider trading involved DAVIDSON KEMPNER CAPITAL MANAG, 10% Owner, that happened on Nov 08 ’24 when 100000.0 shares were sold. Director, Peterson Karl Mr. completed a deal on Jun 14 ’24 to sell 60000.0 shares. Meanwhile, Director Peterson Karl Mr. sold 5000.0 shares on Apr 09 ’24.

Related Posts