With 3.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.41 million shares. The 52-week range on PEB shows that it touched its highest point at $15.12 and its lowest point at $7.41 during that stretch. It currently has a 1-year price target of $10.48. With its current market cap of 1.13 billion, PEB has annualized dividend of $0.04 while the current yield stands at 0.42%. 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 PEB was down-trending over the past week, with a drop of -2.56%, but this was down by -5.37% over a month. Three-month performance dropped to -12.66% while six-month performance fell -35.68%. The stock lost -31.90% in the past year, while it has lost -29.74% so far this year. A look at the trailing 12-month EPS for PEB yields -0.48 with Next year EPS estimates of -0.46. For the next quarter, that number is 0.07. This implies an EPS growth rate of -53.21% for this year and 23.43% for next year.
Float and Shares Shorts:
At present, 118.28 million PEB shares are outstanding with a float of 115.85 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 $0.04 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.04.
