A major move is in the offing as Apple Hospitality REIT Inc (APLE) market cap hits 3.69 billion

Apple Hospitality REIT Inc (NYSE: APLE) kicked off on Tuesday, up 0.33% from the previous trading day, before settling in for the closing price of $15.34. Over the past 52 weeks, APLE has traded in a range of $13.56-$16.93.

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Real Estate Sector giant saw their annual sales surged by 10.95% over the last five years. 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.

The firm has a total of 63 workers. Let’s measure their productivity. 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 87.56%. 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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.15% during the next five years compared to -2.92% drop over the previous five years of trading.

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 2.62. Likewise, its price to free cash flow for the trailing twelve months is 11.37.

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)

Analysing the last 5-days average volume posted by the [Apple Hospitality REIT Inc, APLE], we can find that recorded value of 1.47 million was lower than the volume posted last year of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 34.34%. 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 58.89%, which indicates a significant increase from 36.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.41% in the past 14 days, which was lower than the 23.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.56, while its 200-day Moving Average is $14.92. Now, the first resistance to watch is $15.50. This is followed by the second major resistance level at $15.61. The third major resistance level sits at $15.75. If the price goes on to break the first support level at $15.25, it is likely to go to the next support level at $15.11. Should the price break the second support level, the third support level stands at $15.00.

Apple Hospitality REIT Inc (NYSE: APLE) Key Stats

The company with the Market Capitalisation of 3.69 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.