Media stories about Playa Hotels & Resorts N.V. (NASDAQ:PLYA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Playa Hotels & Resorts N.V. earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.3831351931514 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Playa Hotels & Resorts N.V. (NASDAQ:PLYA) traded down 0.85% during midday trading on Wednesday, reaching $11.72. The company had a trading volume of 89,676 shares. The firm has a 50-day moving average price of $11.38 and a 200-day moving average price of $10.63. The company’s market capitalization is $1.21 billion. Playa Hotels & Resorts N.V. has a 52 week low of $9.45 and a 52 week high of $12.27.
Playa Hotels & Resorts N.V. (NASDAQ:PLYA) last issued its quarterly earnings data on Monday, May 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by $0.10. The company had revenue of $174.07 million for the quarter, compared to the consensus estimate of $196.72 million. Analysts expect that Playa Hotels & Resorts N.V. will post $0.35 EPS for the current fiscal year.
PLYA has been the subject of several recent research reports. Zacks Investment Research cut Playa Hotels & Resorts N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, May 17th. Citigroup Inc. initiated coverage on Playa Hotels & Resorts N.V. in a research note on Friday, May 5th. They set a “neutral” rating and a $11.50 price objective for the company. Deutsche Bank AG initiated coverage on Playa Hotels & Resorts N.V. in a research note on Monday, April 24th. They set a “buy” rating and a $14.00 price objective for the company. Finally, ValuEngine raised Playa Hotels & Resorts N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Playa Hotels & Resorts N.V. has an average rating of “Buy” and an average target price of $13.45.
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In other Playa Hotels & Resorts N.V. news, insider Kevin Froemming acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The shares were bought at an average cost of $10.40 per share, with a total value of $104,000.00. Following the completion of the acquisition, the insider now directly owns 10,000 shares in the company, valued at approximately $104,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.74% of the company’s stock.
Playa Hotels & Resorts N.V. Company Profile
Playa Hotels & Resorts NV is based in the Netherlands and operates hotels and resorts. The Company owns, operates and develops all-inclusive resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. It owns a portfolio consisting of more than 10 resorts located in Mexico, the Dominican Republic and Jamaica.
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