Equities analysts expect Playa Hotels & Resorts NV (NASDAQ:PLYA) to report ($0.05) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Playa Hotels & Resorts’ earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.10). Playa Hotels & Resorts also reported earnings per share of ($0.05) during the same quarter last year. The business is scheduled to report its next quarterly earnings report on Monday, November 5th.

According to Zacks, analysts expect that Playa Hotels & Resorts will report full-year earnings of $0.41 per share for the current financial year, with EPS estimates ranging from $0.36 to $0.46. For the next fiscal year, analysts forecast that the business will report earnings of $0.26 per share, with EPS estimates ranging from $0.09 to $0.40. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Playa Hotels & Resorts.

Playa Hotels & Resorts (NASDAQ:PLYA) last issued its earnings results on Monday, August 6th. The company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.03. Playa Hotels & Resorts had a net margin of 3.75% and a return on equity of 8.22%. The firm had revenue of $145.57 million during the quarter, compared to analyst estimates of $144.83 million. During the same quarter in the prior year, the business earned $0.03 earnings per share. Playa Hotels & Resorts’s revenue for the quarter was up 3.5% on a year-over-year basis.

PLYA has been the subject of a number of research reports. Deutsche Bank restated a “buy” rating on shares of Playa Hotels & Resorts in a research report on Tuesday, July 10th. Zacks Investment Research upgraded shares of Playa Hotels & Resorts from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Tuesday, June 26th. SunTrust Banks initiated coverage on shares of Playa Hotels & Resorts in a research report on Tuesday, August 28th. They set a “buy” rating and a $14.00 target price for the company. TheStreet upgraded shares of Playa Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Friday, August 24th. Finally, BidaskClub upgraded shares of Playa Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Monday, June 25th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Playa Hotels & Resorts currently has an average rating of “Hold” and a consensus target price of $12.96.

In related news, Director Karl Mr. Peterson bought 50,000 shares of the company’s stock in a transaction that occurred on Friday, August 10th. The stock was purchased at an average price of $10.35 per share, for a total transaction of $517,500.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.74% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in PLYA. Keeley Teton Advisors LLC lifted its position in Playa Hotels & Resorts by 115.9% during the first quarter. Keeley Teton Advisors LLC now owns 1,004,237 shares of the company’s stock valued at $10,263,000 after purchasing an additional 539,112 shares during the last quarter. Millennium Management LLC bought a new position in Playa Hotels & Resorts during the first quarter valued at $5,194,000. Northpointe Capital LLC lifted its position in Playa Hotels & Resorts by 55.7% during the second quarter. Northpointe Capital LLC now owns 879,014 shares of the company’s stock valued at $9,493,000 after purchasing an additional 314,556 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Playa Hotels & Resorts by 38.5% during the first quarter. Dimensional Fund Advisors LP now owns 931,400 shares of the company’s stock valued at $9,519,000 after purchasing an additional 259,124 shares during the last quarter. Finally, Crystal Rock Capital Management bought a new position in Playa Hotels & Resorts during the first quarter valued at $2,161,000. Institutional investors and hedge funds own 71.00% of the company’s stock.

Shares of NASDAQ:PLYA opened at $9.61 on Tuesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.79 and a quick ratio of 1.68. Playa Hotels & Resorts has a fifty-two week low of $8.89 and a fifty-two week high of $11.69. The firm has a market cap of $1.25 billion, a P/E ratio of 25.29 and a beta of -0.18.

Playa Hotels & Resorts Company Profile

Playa Hotels & Resorts N.V. owns, operates, develops, and manages all-inclusive resorts in prime beachfront locations in various vacation destinations in Mexico and the Caribbean. The company owns, operates, and manages resorts under the Hyatt Ziva, Panama Jack, Dreams, Sanctuary, Hyatt Zilara, THE Royal, and Secrets brand names.

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Earnings History and Estimates for Playa Hotels & Resorts (NASDAQ:PLYA)

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