Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $27.83 on Pebblebrook Hotel Trust (NYSE:PEB) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.71 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Pebblebrook Hotel Trust (NYSE:PEB) stands at 15.99.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Pebblebrook Hotel Trust Common , the PEG ratio for coming 3-5 years is 2.07.
The technical analysis highlights that Pebblebrook Hotel Trust Common current is trading $-2.50 points away or -8.38% from its 50-day moving average of $29.86. Further it is trading $-0.38 or -1.37% away its 200-day moving average of $27.74.
The 52-week high of Pebblebrook Hotel Trust (NYSE:PEB) was $39.31 while lowest point recorded in 52-week was $20.51. It implies if stock price makes a movement of over $-11.95, it will record a new 52-week high. In the case of +33.40% drop, it will touch a new 52-week low.
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