Aureus Greenway (NASDAQ:PUSA) Now Covered by Analysts at Roth Capital

Key Points

• Roth Capital initiated coverage of Aureus Greenway with a “buy” rating and a $7.50 price target, implying approximately 98% upside from the stock’s reported $3.78 price.
• Analyst sentiment remains mixed: one analyst rates the stock a Buy and another a Sell, resulting in a consensus “Hold” rating and a $7.50 consensus target price.
• Aureus Greenway reported quarterly revenue of $0.71 million and earnings per share of approximately $0.00, while continuing to post a negative net margin of 154.20% and negative return on equity of 12.81%.

Roth Capital started coverage on shares of Aureus Greenway (NASDAQ:PUSA - Get Free Report) in a report released on Wednesday. The brokerage set a "buy" rating and a $7.50 price target on the stock. Roth Capital's price target would suggest a potential upside of 98.41% from the stock's current price.

Several other research firms have also recently issued reports on PUSA. Wall Street Zen raised Aureus Greenway from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Weiss Ratings reissued a "sell (d-)" rating on shares of Aureus Greenway in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Aureus Greenway presently has a consensus rating of "Hold" and a consensus target price of $7.50.

Aureus Greenway Stock Performance

Shares of PUSA opened at $3.78 on Wednesday. Aureus Greenway has a one year low of $1.80 and a one year high of $8.25. The stock's fifty day moving average is $3.59 and its 200-day moving average is $4.01. The firm has a market capitalization of $101.83 million, a price-to-earnings ratio of -13.03 and a beta of 5.09.

Aureus Greenway (NASDAQ:PUSA - Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.00) earnings per share for the quarter. The firm had revenue of $0.71 million during the quarter. Aureus Greenway had a negative return on equity of 12.81% and a negative net margin of 154.20%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. PEAK6 LLC acquired a new stake in Aureus Greenway during the 2nd quarter worth about $1,197,000. State Street Corp increased its holdings in shares of Aureus Greenway by 233.0% in the 4th quarter. State Street Corp now owns 34,300 shares of the company's stock valued at $108,000 after purchasing an additional 24,000 shares during the period. Geode Capital Management LLC increased its holdings in shares of Aureus Greenway by 27.3% in the 4th quarter. Geode Capital Management LLC now owns 103,436 shares of the company's stock valued at $326,000 after purchasing an additional 22,172 shares during the period. GM Advisory Group LLC purchased a new stake in shares of Aureus Greenway in the third quarter worth approximately $155,000. Finally, Cantor Fitzgerald L. P. purchased a new stake in shares of Aureus Greenway in the third quarter worth approximately $892,000.

Aureus Greenway Company Profile

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.

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