Playa Hotels & Resorts (PLYA) Scheduled to Post Quarterly Earnings on Monday

Playa Hotels & Resorts (NASDAQ:PLYA) will post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Playa Hotels & Resorts to post earnings of $0.34 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Playa Hotels & Resorts (NASDAQ:PLYA) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.04 EPS for the quarter. The business had revenue of $242.52 million during the quarter, compared to analyst estimates of $221.68 million. Playa Hotels & Resorts had a net margin of 5.51% and a return on equity of 10.67%. Playa Hotels & Resorts’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period last year, the business posted $0.13 earnings per share. On average, analysts expect Playa Hotels & Resorts to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Playa Hotels & Resorts Price Performance

PLYA opened at $9.30 on Friday. The firm has a market cap of $1.29 billion, a PE ratio of 27.09, a P/E/G ratio of 6.73 and a beta of 1.54. The company has a debt-to-equity ratio of 1.91, a current ratio of 2.00 and a quick ratio of 1.91. Playa Hotels & Resorts has a 1 year low of $6.88 and a 1 year high of $9.84. The stock has a 50-day moving average price of $9.37 and a 200-day moving average price of $8.45.

Insider Activity

In related news, Director Karl Mr. Peterson sold 20,000 shares of Playa Hotels & Resorts stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $9.22, for a total transaction of $184,400.00. Following the transaction, the director now owns 2,539,033 shares in the company, valued at approximately $23,409,884.26. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CAO Brandon B. Buhler sold 35,915 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $9.04, for a total transaction of $324,671.60. Following the completion of the transaction, the chief accounting officer now owns 102,598 shares in the company, valued at $927,485.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Karl Mr. Peterson sold 20,000 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $9.22, for a total value of $184,400.00. Following the completion of the sale, the director now owns 2,539,033 shares in the company, valued at $23,409,884.26. The disclosure for this sale can be found here. Insiders have sold a total of 65,915 shares of company stock valued at $604,222 in the last ninety days. Corporate insiders own 7.60% of the company’s stock.

Analysts Set New Price Targets

Separately, Truist Financial upped their price objective on Playa Hotels & Resorts from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, February 27th.

Playa Hotels & Resorts Company Profile

Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean. It owns and manages Hyatt Zilara Cancún, Hyatt Ziva Cancún, Wyndham Alltra Cancún, Wyndham Alltra Playa del Carmen, Hilton Playa del Carmen All-Inclusive Resort, Hyatt Ziva Puerto Vallarta, and Hyatt Ziva Los Cabos located in Mexico; Hyatt Zilara Rose Hall, Hyatt Ziva Rose Hall, Hilton Rose Hall Resort & Spa, Jewel Grande Montego Bay Resort & Spa, and Jewel Paradise Cove Beach Resort & Spa situated in Jamaica; the Hilton La Romana All-Inclusive Family Resort, the Hilton La Romana All-Inclusive Adult Resort, Hyatt Zilara Cap Cana, Hyatt Ziva Cap Cana, and Jewel Palm Beach located in the Dominican Republic; and manages resorts on behalf of third-party owners.