Equities research analysts forecast that Playa Hotels & Resorts N.V. (NASDAQ:PLYA) will announce sales of $114.59 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Playa Hotels & Resorts N.V.’s earnings. The highest sales estimate is $118.10 million and the lowest is $108.26 million. The business is scheduled to report its next quarterly earnings report on Friday, November 3rd.

On average, analysts expect that Playa Hotels & Resorts N.V. will report full year sales of $114.59 million for the current fiscal year, with estimates ranging from $549.86 million to $567.50 million. For the next financial year, analysts anticipate that the company will report sales of $590.47 million per share, with estimates ranging from $578.51 million to $602.90 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Playa Hotels & Resorts N.V..

Playa Hotels & Resorts N.V. (NASDAQ:PLYA) last released its quarterly earnings data on Friday, August 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.04). The firm had revenue of $140.60 million for the quarter, compared to analyst estimates of $137.76 million.

A number of research firms have weighed in on PLYA. Zacks Investment Research downgraded shares of Playa Hotels & Resorts N.V. from a “buy” rating to a “hold” rating in a research note on Saturday, July 29th. Janney Montgomery Scott began coverage on shares of Playa Hotels & Resorts N.V. in a research note on Thursday, September 7th. They set a “buy” rating and a $14.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $13.54.

Shares of Playa Hotels & Resorts N.V. (PLYA) opened at 10.50 on Friday. The stock’s 50 day moving average is $11.32 and its 200 day moving average is $10.80. The stock’s market capitalization is $1.16 billion. Playa Hotels & Resorts N.V. has a 52-week low of $9.45 and a 52-week high of $12.27.

Large investors have recently modified their holdings of the company. Bluefin Trading LLC acquired a new stake in shares of Playa Hotels & Resorts N.V. in the 2nd quarter valued at $168,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Playa Hotels & Resorts N.V. in the 2nd quarter valued at $255,000. State Street Corp acquired a new stake in shares of Playa Hotels & Resorts N.V. in the 2nd quarter valued at $394,000. Sei Investments Co. acquired a new stake in shares of Playa Hotels & Resorts N.V. in the 2nd quarter valued at $429,000. Finally, Barometer Capital Management Inc. acquired a new stake in shares of Playa Hotels & Resorts N.V. in the 2nd quarter valued at $461,000. Institutional investors own 82.77% of the company’s stock.

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About Playa Hotels & Resorts N.V.

Playa Hotels & Resorts NV is based in the Netherlands and operates hotels and resorts. The Company owns, operates and develops all-inclusive resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. It owns a portfolio consisting of more than 10 resorts located in Mexico, the Dominican Republic and Jamaica.

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