Playa Hotels & Resorts (PLYA) to Release Quarterly Earnings on Tuesday

Playa Hotels & Resorts (NASDAQ:PLYA) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $212.26 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Playa Hotels & Resorts Price Performance

Shares of PLYA opened at $13.31 on Friday. Playa Hotels & Resorts has a one year low of $6.95 and a one year high of $13.38. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.14 and a current ratio of 2.24. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 2.44 and a beta of 1.54. The stock’s fifty day moving average is $12.37 and its 200-day moving average is $9.85.

Wall Street Analysts Forecast Growth

PLYA has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Playa Hotels & Resorts from a “buy” rating to a “hold” rating and lowered their price target for the stock from $15.00 to $13.50 in a research note on Tuesday, February 11th. Truist Financial reaffirmed a “hold” rating and set a $13.00 price objective on shares of Playa Hotels & Resorts in a research note on Tuesday, January 7th. Oppenheimer downgraded shares of Playa Hotels & Resorts from an “outperform” rating to a “market perform” rating in a research note on Tuesday, February 11th. Finally, Macquarie downgraded shares of Playa Hotels & Resorts from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, Playa Hotels & Resorts currently has a consensus rating of “Hold” and an average target price of $12.10.

About Playa Hotels & Resorts

Playa Hotels & Resorts NV engages in the operation of hotels and resorts. The firm’s geographical segments include Yucatán Peninsula, Pacific Coast, Dominican Republic, and Jamaica. It owns all-inclusive oceanfront resorts in Cancun, Los Cabos, Montego Bay, Puerto Vallarta, Playa del Carmen, and Cap Cana.