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SVC stock touches 52-week low at $2.28 amid hospitality downturn

Published 03/04/2025, 15:56
SVC stock touches 52-week low at $2.28 amid hospitality downturn
SVC
-1.19%

In a challenging year for the hospitality sector, Service Properties Trust (NASDAQ:SVC) stock has recorded a new 52-week low, dipping to $2.28. With a current market capitalization of $375 million, InvestingPro analysis suggests the stock is trading below its Fair Value, presenting a potential opportunity for value investors. The real estate investment trust, which holds a diverse portfolio of hotels and service-focused retail net lease properties, has faced significant headwinds, reflected in a stark 1-year decline of 57%. Analysts maintain a moderate outlook, with price targets ranging from $3.30 to $4.00. InvestingPro data reveals the company’s overall financial health score as "FAIR," with 10+ additional exclusive insights available to subscribers. The company grapples with the ongoing impacts of travel restrictions and changing consumer behavior, trading at attractive multiples with a Price/Book ratio of 0.51.

In other recent news, Service Properties Trust reported its fourth-quarter 2024 earnings, revealing a larger-than-expected loss per share but a slight revenue beat. The company’s actual EPS was -$0.46, missing the forecasted -$0.32, while revenue surpassed expectations, reaching $456.53 million compared to the anticipated $441.3 million. Despite the earnings miss, the company plans to focus on ongoing renovations and asset sales in 2025. Additionally, Service Properties Trust announced the appointment of Christopher J. Bilotto as the new President and CEO, effective immediately. Bilotto, who has extensive experience in property development and asset management, has also joined the company’s Board of Trustees as a Managing Trustee. The company did not disclose any disagreements or conflicts related to the recent executive departures. These developments are part of the company’s strategy to leverage industry expertise and guide future growth.

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