Equities analysts predict that Playa Hotels & Resorts NV (NASDAQ:PLYA) will announce earnings of $0.02 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Playa Hotels & Resorts’ earnings, with the highest EPS estimate coming in at $0.02 and the lowest estimate coming in at $0.01. Playa Hotels & Resorts reported earnings of ($0.58) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 103.4%. The business is scheduled to issue its next quarterly earnings results on Tuesday, March 13th.

According to Zacks, analysts expect that Playa Hotels & Resorts will report full year earnings of $0.02 per share for the current year, with EPS estimates ranging from ($0.02) to $0.05. For the next year, analysts expect that the firm will report earnings of $0.48 per share, with EPS estimates ranging from $0.44 to $0.54. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Playa Hotels & Resorts.

A number of research analysts recently weighed in on PLYA shares. Northland Securities reissued a “buy” rating and set a $14.75 price target on shares of Playa Hotels & Resorts in a research report on Friday, November 10th. Zacks Investment Research raised shares of Playa Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. BidaskClub raised shares of Playa Hotels & Resorts from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 11th. Finally, Nomura reissued a “buy” rating and set a $16.00 price target on shares of Playa Hotels & Resorts in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Playa Hotels & Resorts has a consensus rating of “Hold” and a consensus target price of $13.89.

Playa Hotels & Resorts (NASDAQ PLYA) traded up $0.37 on Wednesday, hitting $9.96. 265,400 shares of the company were exchanged, compared to its average volume of 273,925. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.59 and a quick ratio of 1.51. Playa Hotels & Resorts has a one year low of $9.41 and a one year high of $12.27. The company has a market capitalization of $1,057.83 and a price-to-earnings ratio of -18.79.

Several institutional investors and hedge funds have recently added to or reduced their stakes in PLYA. BlackRock Inc. bought a new stake in Playa Hotels & Resorts in the second quarter worth about $96,964,000. Janus Henderson Group PLC raised its position in Playa Hotels & Resorts by 1.9% in the third quarter. Janus Henderson Group PLC now owns 4,186,994 shares of the company’s stock worth $43,670,000 after acquiring an additional 79,431 shares during the period. BlueSpruce Investments LP raised its position in Playa Hotels & Resorts by 0.4% in the fourth quarter. BlueSpruce Investments LP now owns 3,859,097 shares of the company’s stock worth $41,640,000 after acquiring an additional 14,399 shares during the period. Jennison Associates LLC raised its position in Playa Hotels & Resorts by 1.0% in the fourth quarter. Jennison Associates LLC now owns 3,203,675 shares of the company’s stock worth $34,568,000 after acquiring an additional 30,872 shares during the period. Finally, Wells Fargo & Company MN raised its position in Playa Hotels & Resorts by 41.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,686,100 shares of the company’s stock worth $28,983,000 after acquiring an additional 793,159 shares during the period. 76.39% of the stock is currently owned by institutional investors.

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About Playa Hotels & Resorts

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.

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