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

Playa Hotels & Resorts (NASDAQ:PLYA - Get Free Report) 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. Investors that wish to register for the company's conference call can do so using this link.

Playa Hotels & Resorts (NASDAQ:PLYA - Get Free Report) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $242.52 million during the quarter, compared to analysts' expectations 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 revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company 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 Stock Up 1.1 %

NASDAQ:PLYA traded up $0.10 during trading hours on Monday, reaching $9.15. The company's stock had a trading volume of 365,741 shares, compared to its average volume of 606,294. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 6.71 and a beta of 1.53. Playa Hotels & Resorts has a one year low of $6.88 and a one year high of $9.84. The business's 50-day moving average is $9.34 and its 200-day moving average is $8.41. The company has a debt-to-equity ratio of 1.91, a current ratio of 2.00 and a quick ratio of 1.91.

Wall Street Analyst Weigh In

Separately, Truist Financial upped their price objective on shares of Playa Hotels & Resorts from $13.00 to $14.00 and gave the stock a "buy" rating in a report on Tuesday, February 27th.

Insiders Place Their Bets

In other Playa Hotels & Resorts news, Director Karl Mr. Peterson sold 5,000 shares of the business's stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $9.58, for a total transaction of $47,900.00. Following the completion of the transaction, the director now owns 2,529,033 shares of the company's stock, valued at approximately $24,228,136.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Playa Hotels & Resorts news, Director Karl Mr. Peterson sold 5,000 shares of the business's stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $9.58, for a total transaction of $47,900.00. Following the completion of the transaction, the director now owns 2,529,033 shares of the company's stock, valued at approximately $24,228,136.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Brandon B. Buhler sold 35,915 shares of the company's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $9.04, for a total transaction of $324,671.60. Following the transaction, the chief accounting officer now directly owns 102,598 shares of the company's stock, valued at approximately $927,485.92. The disclosure for this sale can be found here. Insiders sold a total of 65,915 shares of company stock valued at $604,222 in the last quarter. Insiders own 7.60% of the company's stock.

About Playa Hotels & Resorts

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.