Analysts predict Playa Hotels & Resorts N.V (PLYA) stock to reach $13 in the next 12 months

Playa Hotels & Resorts N.V [PLYA] stock is trading at $12.66, up 1.12%. 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 PLYA shares have gain 3.26% over the last week, with a monthly amount glided 25.47%, and seem to be holding up well over a long-time horizon.

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.

Playa Hotels & Resorts N.V [PLYA] stock has fluctuated between $6.95 and $12.72 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 $12.66 at the most recent close of the market. An investor can expect a potential return of 2.69% based on the average PLYA price forecast.

Analyzing the PLYA fundamentals

Playa Hotels & Resorts N.V [NASDAQ:PLYA] reported sales of 963.02M for the trailing twelve months, which represents 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 12.45 points at the first support level, and at 12.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.77, and for the 2nd resistance point, it is at 12.89.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 26.49.

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.

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