News headlines about Playa Hotels & Resorts (NASDAQ:PLYA) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Playa Hotels & Resorts earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.9036289984825 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern’s rankings:
Several brokerages have issued reports on PLYA. BidaskClub raised Playa Hotels & Resorts from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 11th. Nomura reaffirmed a “buy” rating and set a $16.00 target price on shares of Playa Hotels & Resorts in a research report on Friday, January 19th. Zacks Investment Research raised Playa Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. Finally, Northland Securities reaffirmed a “buy” rating and set a $14.75 target price on shares of Playa Hotels & Resorts in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $13.89.
Shares of Playa Hotels & Resorts (PLYA) opened at $10.75 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.50 and a quick ratio of 1.51. The firm has a market capitalization of $1,157.53 and a price-to-earnings ratio of -179.17. Playa Hotels & Resorts has a 52-week low of $9.41 and a 52-week high of $12.27.
Playa Hotels & Resorts (NASDAQ:PLYA) last posted its quarterly earnings data on Thursday, March 1st. The company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.10. The firm had revenue of $126.54 million during the quarter, compared to analysts’ expectations of $124.85 million. Playa Hotels & Resorts had a positive return on equity of 5.24% and a negative net margin of 0.04%. research analysts expect that Playa Hotels & Resorts will post 0.44 earnings per share for the current fiscal year.
In other Playa Hotels & Resorts news, Director Hal Jones acquired 10,000 shares of the stock in a transaction dated Tuesday, March 6th. The stock was purchased at an average price of $10.50 per share, with a total value of $105,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 2.74% of the stock is owned by company insiders.
Playa Hotels & Resorts Company Profile
Playa Hotels & Resorts NV is based in the Netherlands and operates hotels and resorts. The Company owns, operates and develops all-inclusive resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. It owns a portfolio consisting of more than 10 resorts located in Mexico, the Dominican Republic and Jamaica.