Aureus Greenway (NASDAQ:PUSA) Upgraded by Zacks Research to Hold Rating

Key Points

• Zacks Research upgraded Aureus Greenway to “Hold,” while analyst opinions remain mixed: Roth Capital issued a “Buy” with a $7.50 target, and Weiss Ratings maintained a “Sell.” The consensus rating is “Hold” with a $7.50 target price.
• Aureus Greenway shares opened at $3.78, compared with a 52-week range of $1.80 to $8.25; the company has a market capitalization of about $101.8 million and a negative P/E ratio.
• The company reported quarterly revenue of $0.71 million and earnings per share of approximately $0.00, but continues to post significant losses, including a negative net margin of 154.2%. Several institutional investors, including PEAK6, BlackRock and Bank of America, recently established or increased positions.

Aureus Greenway (NASDAQ:PUSA - Get Free Report) was upgraded by investment analysts at Zacks Research to a "hold" rating in a report released on Thursday,Zacks.com reports.

A number of other research analysts have also issued reports on the company. Wall Street Zen upgraded Aureus Greenway from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Roth Capital started coverage on Aureus Greenway in a research report on Wednesday. They issued a "buy" rating and a $7.50 target price on the stock. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Aureus Greenway in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $7.50.

Aureus Greenway Stock Performance

Aureus Greenway stock opened at $3.78 on Thursday. Aureus Greenway has a 1 year low of $1.80 and a 1 year high of $8.25. The firm's 50-day moving average is $3.56 and its 200-day moving average is $4.01. The company has a market cap of $101.83 million, a P/E ratio of -13.03 and a beta of 5.09.

Aureus Greenway (NASDAQ:PUSA - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.00) earnings per share for the quarter. Aureus Greenway had a negative net margin of 154.20% and a negative return on equity of 12.81%. The firm had revenue of $0.71 million for the quarter. As a group, sell-side analysts predict that Aureus Greenway will post -0.13 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PUSA. PEAK6 LLC acquired a new position in shares of Aureus Greenway during the second quarter valued at $1,197,000. Cantor Fitzgerald L. P. acquired a new stake in Aureus Greenway in the third quarter worth about $892,000. Geode Capital Management LLC lifted its holdings in Aureus Greenway by 27.3% in the fourth quarter. Geode Capital Management LLC now owns 103,436 shares of the company's stock worth $326,000 after purchasing an additional 22,172 shares during the period. BlackRock Inc. bought a new position in Aureus Greenway in the 2nd quarter valued at about $394,000. Finally, Bank of America Corp DE bought a new position in Aureus Greenway in the 2nd quarter valued at about $384,000.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source