With 2.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.76 million shares. The 52-week range on PEB shows that it touched its highest point at $16.65 and its lowest point at $11.65 during that stretch. It currently has a 1-year price target of $14.25. With its current market cap of 1.47 billion, PEB has annualized dividend of $0.04 while the current yield stands at 0.33%. Beta for the stock currently stands at 1.87.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PEB was up-trending over the past week, with a rise of 0.74%, but this was down by -11.53% over a month. Three-month performance surged to 0.74% while six-month performance fell -5.61%. The stock lost -23.63% in the past year, while it has lost -9.37% so far this year. A look at the trailing 12-month EPS for PEB yields -0.30 with Next year EPS estimates of -0.40. For the next quarter, that number is -0.39. This implies an EPS growth rate of 69.09% for this year and -39.13% for next year. EPS is expected to grow by 28.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -73.42%.
Float and Shares Shorts:
At present, 119.29 million PEB shares are outstanding with a float of 117.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PEB since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.28393 being high and -$0.28929 being low. For PEB, this leads to a yearly average estimate of -$0.2875. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
