Apple Hospitality REIT Inc (NYSE: APLE) kicked off on Tuesday, up 1.57% from the previous trading day, before settling in for the closing price of $14.61. Over the past 52 weeks, APLE has traded in a range of $13.56-$16.93.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 10.95%. While this was happening, its average annual earnings per share was recorded 11.95%. With a float of $223.65 million, this company’s outstanding shares have now reached $239.93 million.
Considering the fact that the conglomerate employs 63 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 25.79%, operating margin of 19.08%, and the pretax margin is 14.6%.
Apple Hospitality REIT Inc (APLE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Hotel & Motel Industry. The insider ownership of Apple Hospitality REIT Inc is 6.78%, while institutional ownership is 87.41%. The most recent insider transaction that took place on Aug 21 ’24, was worth 14,095. In this transaction Director of this company bought 1,000 shares at a rate of $14.10, taking the stock ownership to the 126,223 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Executive Chairman bought 5,000 for $14.04, making the entire transaction worth $70,225. This insider now owns 636,990 shares in total.
Apple Hospitality REIT Inc (APLE) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.95% per share during the next fiscal year.
Apple Hospitality REIT Inc (NYSE: APLE) Trading Performance Indicators
Take a look at Apple Hospitality REIT Inc’s (APLE) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 10.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.85, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.84 in one year’s time.
Technical Analysis of Apple Hospitality REIT Inc (APLE)
Compared to the last year’s volume of 1.8 million, its volume of 1.76 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 33.17%. Additionally, its Average True Range was 0.31.
During the past 100 days, Apple Hospitality REIT Inc’s (APLE) raw stochastic average was set at 38.52%, which indicates a significant decrease from 38.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.11% in the past 14 days, which was lower than the 22.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.59, while its 200-day Moving Average is $14.96. Nevertheless, the first resistance level for the watch stands at $14.91 in the near term. At $14.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.13. If the price goes on to break the first support level at $14.69, it is likely to go to the next support level at $14.55. Should the price break the second support level, the third support level stands at $14.47.
Apple Hospitality REIT Inc (NYSE: APLE) Key Stats
The company with the Market Capitalisation of 3.56 billion has total of 239,925K Shares Outstanding. Its annual sales at the moment are 1,344 M in contrast with the sum of 177,490 K annual income. Company’s last quarter sales were recorded 378,840 K and last quarter income was 56,270 K.