Pursuit Attractions and Hospitality (NYSE:PRSU) Now Covered by Citizens Jmp

Key Points

• Citizens JMP initiated coverage of Pursuit Attractions and Hospitality with a “market outperform” rating and a $64 price target, implying 32.09% upside from the reported $48.45 share price.
• Analyst sentiment is broadly positive: five analysts rate PRSU a Buy and two rate it Hold, resulting in a “Moderate Buy” consensus and an average price target of $54.75.
• Pursuit slightly exceeded quarterly earnings expectations, reporting $0.50 EPS versus the $0.49 consensus estimate on $133.49 million in revenue; institutional investors own approximately 89.91% of the stock.

Analysts at Citizens Jmp initiated coverage on shares of Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage set a "market outperform" rating and a $64.00 price target on the stock. Citizens Jmp's target price suggests a potential upside of 32.09% from the company's current price.

PRSU has been the subject of several other research reports. Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, September 18th. Zacks Research lowered Pursuit Attractions and Hospitality from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 9th. Jefferies Financial Group began coverage on Pursuit Attractions and Hospitality in a research note on Wednesday, September 9th. They issued a "buy" rating and a $61.00 price objective for the company. Finally, Citigroup initiated coverage on Pursuit Attractions and Hospitality in a research report on Friday. They set an "outperform" rating for the company. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $54.75.

Pursuit Attractions and Hospitality Stock Performance

PRSU opened at $48.45 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The firm has a market cap of $1.32 billion, a PE ratio of 36.43, a P/E/G ratio of 1.78 and a beta of 1.37. The business has a fifty day simple moving average of $49.22 and a 200-day simple moving average of $45.86. Pursuit Attractions and Hospitality has a fifty-two week low of $32.03 and a fifty-two week high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The business had revenue of $133.49 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. As a group, equities analysts predict that Pursuit Attractions and Hospitality will post 1.79 EPS for the current fiscal year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Several large investors have recently made changes to their positions in the company. Sims Investment Management LLC increased its holdings in shares of Pursuit Attractions and Hospitality by 0.7% during the 1st quarter. Sims Investment Management LLC now owns 37,158 shares of the company's stock worth $1,361,000 after purchasing an additional 260 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Pursuit Attractions and Hospitality by 6.3% in the first quarter. PNC Financial Services Group Inc. now owns 14,423 shares of the company's stock valued at $528,000 after buying an additional 859 shares during the period. Principal Financial Group Inc. grew its position in Pursuit Attractions and Hospitality by 2.0% during the first quarter. Principal Financial Group Inc. now owns 104,477 shares of the company's stock worth $3,827,000 after buying an additional 2,018 shares in the last quarter. AXQ Capital LP bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at about $226,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Pursuit Attractions and Hospitality in the 2nd quarter valued at approximately $293,000. Institutional investors own 89.91% of the company's stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc NYSE: PRSU operates a portfolio of destination-based attractions, hospitality properties and experiential travel businesses. The company focuses on connecting guests with natural and cultural landmarks through lodging, guided tours, sightseeing activities, restaurants, retail and other visitor services.

Pursuit serves travelers in prominent tourism markets across the United States and Canada, including Alaska, Montana, the Canadian Rockies and other gateway destinations.