With 4.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.93 million shares. The 52-week range on PK shows that it touched its highest point at $15.79 and its lowest point at $8.27 during that stretch. It currently has a 1-year price target of $12.75. With its current market cap of 2.00 billion, PK has annualized dividend of $0.95 while the current yield stands at 9.45%. Beta for the stock currently stands at 1.75.
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 PK was down-trending over the past week, with a drop of -4.48%, but this was up by 1.01% over a month. Three-month performance dropped to -15.66% while six-month performance fell -33.03%. The stock lost -35.16% in the past year, while it has lost -28.78% so far this year. A look at the trailing 12-month EPS for PK yields 0.59 with Next year EPS estimates of 0.51. For the next quarter, that number is 0.21. This implies an EPS growth rate of -85.35% for this year and 247.30% for next year. EPS is expected to decline by -9.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.81%.
Float and Shares Shorts:
At present, 199.78 million PK shares are outstanding with a float of 194.14 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 PK since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.75188 being high and $0.72324 being low. For PK, this leads to a yearly average estimate of $0.74114.
