Apple Hospitality REIT Inc [APLE] stock is trading at $15.85, up 2.66%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The APLE shares have gain 2.13% over the last week, with a monthly amount glided 6.88%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Apple Hospitality REIT Inc [NYSE: APLE] stock has seen the most recent analyst activity on January 27, 2025, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $17 from $16. Previously, BMO Capital Markets started tracking the stock with Outperform rating on December 09, 2024, and set its price target to $18. On June 03, 2024, Wedbush initiated with a Neutral rating and assigned a price target of $15 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $18 on January 08, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $17 on December 08, 2023. In a note dated March 30, 2023, Wells Fargo upgraded an Overweight rating on this stock and revised its target price from $18 to $17.
Apple Hospitality REIT Inc [APLE] stock has fluctuated between $13.56 and $16.93 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Apple Hospitality REIT Inc [NYSE: APLE] shares were valued at $15.85 at the most recent close of the market. An investor can expect a potential return of 13.56% based on the average APLE price forecast.
Analyzing the APLE fundamentals
Apple Hospitality REIT Inc [NYSE:APLE] reported sales of 1.41B for the trailing twelve months, which represents a growth of 5.75%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
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 15.60 points at the first support level, and at 15.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.97, and for the 2nd resistance point, it is at 16.10.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 18.59.
Transactions by insiders
Recent insider trading involved Hugh Redd, Director, that happened on Aug 21 ’24 when 1000.0 shares were purchased. Executive Chairman, KNIGHT GLADE M completed a deal on Aug 08 ’24 to buy 5000.0 shares. Meanwhile, Executive Chairman KNIGHT GLADE M bought 5000.0 shares on May 21 ’24.
