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After strong top-line growth, Pebblebrook Hotel Trust (PEB)’s share price will eventually rise

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Compass Point raised the price target for the Pebblebrook Hotel Trust (NYSE:PEB) stock from “a Neutral” to “a Buy”. The rating was released on March 01, 2021. We previously noted in another research note published on December 15, 2020 by Citigroup that upgraded the stock from a Sell to a Neutral with a price target of $20 for PEB stock. The research report from Wells Fargo has upgraded the stock from Equal Weight to Overweight, with a price target set at $22. The stock was initiated by Compass Point, who disclosed in a research note on October 05, 2020, to Neutral and set the price objective to $14.50. In their research brief published September 29, 2020, BofA Securities analysts upgraded the Pebblebrook Hotel Trust stock from Neutral to Buy with a price target of $15.

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Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of -$0.98 during the last quarter as opposed to a consensus estimate of -$0.9, which indicates the company missed its estimate by -$0.08, which implies that the company surprised the market by -8.90%. It appears that the average earnings per share estimate for the current quarter (ending in Jun 2021) is -$0.64. This is an average of 4 analysts’ earnings, where the high earnings per share estimate is -$0.53 and the low earnings per share estimate is -$0.74. According to 12 analyst estimates, an average revenue estimate of $141.66M is projected for the current quarter with a high revenue estimate of $190M and a low estimate of $92.57M.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Pebblebrook Hotel Trust (NYSE:PEB) dipped -4.02% to close Friday’s market session at $23.88, lower as compared to yesterday’s close. The stock price fluctuated between $23.57 and $24.78 throughout the trading session with the volume trading being 2262605 shares, which represented a significant variation when compared to the three months average volume of 1.63 million shares. The firm’s stock price fluctuated -2.73% within the last five trades and -1.69% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 94.46% in the last 6 months and 29.92% was added to its value over the previous 3 months. PEB stock is trading at a margin of -1.89%, -0.94% and 35.60% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, PEB deals in the Real Estate domain. The stock is trading -9.61 percent below its 52-week high and 178.32 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 74.71. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Pebblebrook Hotel Trust’s Profitability and Valuation Ratios Tell Us About the Stock?

The stock’s market cap achieved a total value of $3.27 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 7.38 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.04, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Martz Raymond D, the Exec VP, CFO, Treasurer, Secre at Pebblebrook Hotel Trust (PEB) has sold 9,266 shares of firm on Mar 03 at a price of $23.73 against the total amount of $0.22 million. In another inside trade, Fisher Thomas Charles, EVP, Chief Investment Officer of Pebblebrook Hotel Trust (NYSE:PEB) sold 9,266 shares of the firm on Mar 03 for a total worth of $0.22 million at a price of $23.66. An inside trade which took place on Nov 06, Chairman, President and CEO of Pebblebrook Hotel Trust BORTZ JON E bought 17,227 shares of firm against total price of $0.36 million at the cost of $20.95 per share.

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