Apple Hospitality REIT Inc (NYSE: APLE) on Friday, plunged -0.21% from the previous trading day, before settling in for the closing price of $14.29. Within the past 52 weeks, APLE’s price has moved between $13.60 and $17.85.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 8.70%. The company achieved an average annual earnings per share of 16.23%. With a float of $224.43 million, this company’s outstanding shares have now reached $241.52 million.
Let’s determine the extent of company efficiency that accounts for 63 employees. In terms of profitability, gross margin is 25.8%, operating margin of 19.26%, and the pretax margin is 14.98%.
Apple Hospitality REIT Inc (APLE) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Apple Hospitality REIT Inc is 6.67%, while institutional ownership is 88.35%. The most recent insider transaction that took place on Aug 08 ’24, was worth 70,225. In this transaction Executive Chairman of this company bought 5,000 shares at a rate of $14.04, taking the stock ownership to the 636,990 shares. Before that another transaction happened on May 21 ’24, when Company’s Executive Chairman bought 5,000 for $14.78, making the entire transaction worth $73,900. This insider now owns 631,990 shares in total.
Apple Hospitality REIT Inc (APLE) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.26 earnings per share (EPS) for the period topping the consensus outlook (set at 0.24) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.23% per share during the next fiscal year.
Apple Hospitality REIT Inc (NYSE: APLE) Trading Performance Indicators
Apple Hospitality REIT Inc (APLE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 10.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of Apple Hospitality REIT Inc (APLE)
Looking closely at Apple Hospitality REIT Inc (NYSE: APLE), its last 5-days average volume was 2.29 million, which is a jump from its year-to-date volume of 2.12 million. As of the previous 9 days, the stock’s Stochastic%D was 69.10%. Additionally, its Average True Range was 0.32.
During the past 100 days, Apple Hospitality REIT Inc’s (APLE) raw stochastic average was set at 22.03%, which indicates a significant decrease from 39.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.27% in the past 14 days, which was higher than the 20.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.46, while its 200-day Moving Average is $15.64. However, in the short run, Apple Hospitality REIT Inc’s stock first resistance to watch stands at $14.35. Second resistance stands at $14.44. The third major resistance level sits at $14.52. If the price goes on to break the first support level at $14.19, it is likely to go to the next support level at $14.11. Now, if the price goes above the second support level, the third support stands at $14.02.
Apple Hospitality REIT Inc (NYSE: APLE) Key Stats
Market capitalization of the company is 3.43 billion based on 242,346K outstanding shares. Right now, sales total 1,344 M and income totals 177,490 K. The company made 390,080 K in profit during its latest quarter, and 73,930 K in sales during its previous quarter.
