As volatility creeps into Braemar Hotels & Resorts, Inc. (NYSE:BHR), investors need to pay close attention to to the factors affecting stock today as its shares are trading 4.06% or 0.37 points down from last closing price of $9.12, reaching $8.75 at last check. The BHR share price has dropped in 2 of the last 5 days and is down -28.73% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -92,646 shares, and in total 82654 shares valued at $723223 were seen changing hands compared with 175300 shares valued at $1.599 million recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the BHR stock is near its bottom.
Braemar Hotels & Resorts, Inc. (BHR) shares have notched a 3-month decline of about -28.73%, but has still advanced 1.68% year to date. By comparison, the stock sank -11.07% over the past 12 months, while it slipped -2.05% over the 1 month. The company’s market cap is around $299.37M, with its short interest ratio standing at 3.68%.
In the current trading session for BHR, the stock witnessed two major price actions, it rose to a high of $8.91 and was down as much as $8.62 at one point. The high recorded is very low when compared to their 52-week high which is $7.89. The 52-week high is now at -37.92 distance from current price. Their recent low of $14.03 represents a 10.32% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for BHR is $14.35, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Braemar Hotels & Resorts, Inc. earned $-0.9 per share in the trailing 12 months and has a P/E ratio of -9.72. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 39.79 and lower compared to the sector’s average of 19.25. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. BHR also has P/S multiple of 0.63. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 10.12x.
The company recorded an interesting insider purchase transaction by the Director on Aug 07, 2019. A Securities and Exchanges Commission filings show that Abteen Vaziri bought a total of 1,200 BHR shares that day for a sum of around $10,308. Braemar Hotels & Resorts, Inc. (BHR) insiders have acquired 49,000 shares in the stock within the past three months. In total, individual insiders traded 49,000 shares in the business, which makes up 17.342% of 282,544 shares that were traded over a year. In the past 12 months, insiders have purchased 255,621 shares while the seller parted with 26,923 shares.
BHR‘s last price was down -19.73% as compared to the average trading price of 50 days recorded at $10.9 while enlarging the period to 200 trading days, the average closing price was $9.54. At present, there are 32.97 million in the total number of common shares owned by the public and among those 28.34 million shares have been available to trade. The percentage of shares being held by the company management was 2.7% while institutions stake was 77%. The company has generated negative returns on equity over the last 12 months (-7.5%). It managed to keep its gross profit margin at 38.8% over the past 12 months.
When assessing the full upside of the BHR stock, there is another set of technicals that should be looked into and considered. Its -3.74% decline from moving average of $9.09 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 1.17 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Braemar Hotels & Resorts, Inc. — 3 analysts rate the stock as a buy with another 0 rating it strong buy. There are 1 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $14.3333 on shares of Braemar Hotels & Resorts, Inc. (NYSE:BHR), which corresponds to 64.37% upside potential than its current market price of $8.75 and implies potential despite the recent drop in the price. However, their current target price has fallen from $14.3333 a month ago and is down handily from the consensus target of $14.6667 a quarter ago.
In the last five years, the EPS of the company has been roughly 24.2%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 15.3%. The revenue of the company has risen at an average annualized rate of about 13.1 over the last five years. The company recently recorded a drop of -2.1%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards BHR stock. Vanguard Group Inc. trimmed position in the company after it dumped -2.7% or 3,198,742 shares of its common stock. The hedge fund now owns 3,112,376 shares worth $27,233,290, SEC documents show. Asset Management One Co. Ltd. cut assets in the stock as 59113.54 shares have been sold, reducing its stake by -4% to 56,749 shares which are currently valued at $496,554. In addition, Jacobs Levy Equity Management Inc. recently reported that it now owns 30,098 shares making a total of $263,358 based on the recent price. This refelects a change of 18.6% in their ownership.