Pebblebrook Hotel Trust (NYSE:PEB) shares traded lower over the last trading session, losing -1.56% on 12/10/20. The shares fell to a low of $17.92 before closing at $18.87. Intraday shares traded counted 4.46 million, which was -150.57% lower than its 30-day average trading volume of 1.78M. PEB’s previous close was $19.17 while the outstanding shares total 130.65M. The firm has a beta of 2.04. The stock’s Relative Strength Index (RSI) is 58.65, with weekly volatility at 4.50% and ATR at 1.07. The PEB stock’s 52-week price range has touched low of $5.39 and a $27.70 high.
Investors have identified the REIT – Hotel & Motel company Pebblebrook Hotel Trust as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.36 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Pebblebrook Hotel Trust (PEB) Fundamentals that are to be considered.
PEB were able to record -257.3 million as free cash flow during the Q3 2020 quarter of the year, this saw their quarterly net cash flow reduce by 160.1 million. In cash movements, the company had a total of -146.86 million as operating cash flow.
Potential earnings growth for Pebblebrook Hotel Trust (PEB)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the Q3 2020 quarter of the year, Pebblebrook Hotel Trust recorded a total of 76.98 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -450.21% coming in sequential stages and their sales for the Q3 2020 quarter increasing by 70.65%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 174.36 million trying to sell their products during the last quarter, with the result yielding a gross income of -97.38 million. This allows shareholders to hold on to 130.65M with the recently reported earning now reading -1.06 cents per share. This is a figure that compared to analyst’s prediction for their Q3 2020 (-0.51 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.55 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PEB sounds very interesting.
Is the stock of PEB attractive?
In related news, Chairman, President and CEO, BORTZ JON E bought 17,227 shares of the company’s stock in a transaction that recorded on Nov 06. The purchase was performed at an average price of 20.95, for a total value of 360,958. As the purchase deal closes, the Chairman, President and CEO, BORTZ JON E now bought 22,487 shares of the company’s stock, valued at 471,852. Also, Chairman, President and CEO, BORTZ JON E bought 5,014 shares of the company’s stock in a deal that was recorded on Sep 14. The shares were cost at an average price of 21.47 per share, with a total market value of 107,649. Following this completion of disposal, the Chairman, President and CEO, BORTZ JON E now holds 12,919 shares of the company’s stock, valued at 275,184. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
2 out of 13 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Pebblebrook Hotel Trust. 3 analysts has assigned a Sell rating on the PEB stock. The 12-month mean consensus price target for the company’s shares has been set at $16.65.