Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give Pursuit Attractions and Hospitality a “Moderate Buy” consensus: Three of five analysts recommend buying the stock, while two rate it a hold. The average 12-month price target is $51.67, with Jefferies initiating coverage at “Buy” and a $61 target.
• Recent financial results slightly exceeded expectations: The company reported quarterly EPS of $0.50 versus the $0.49 consensus estimate, on revenue of $133.49 million. Analysts expect full-year EPS of approximately $1.79.
• PRSU recently traded at $48.38, within its $32.03–$56.51 52-week range, while institutional investors and hedge funds own approximately 89.91% of the outstanding shares.

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Get Free Report) have received an average recommendation of "Moderate Buy" from the five brokerages that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $51.6667.

Several research analysts recently weighed in on the company. Zacks Research cut Pursuit Attractions and Hospitality from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 9th. Jefferies Financial Group started coverage on shares of Pursuit Attractions and Hospitality in a research note on Wednesday. They set a "buy" rating and a $61.00 price objective on the stock. Finally, Weiss Ratings cut shares of Pursuit Attractions and Hospitality from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday.

Pursuit Attractions and Hospitality Stock Performance

NYSE:PRSU traded up $0.64 during trading hours on Wednesday, hitting $48.38. 3,237 shares of the company were exchanged, compared to its average volume of 243,218. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47. Pursuit Attractions and Hospitality has a 52-week low of $32.03 and a 52-week high of $56.51. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 1.79 and a beta of 1.37. The company's 50 day moving average price is $50.50 and its 200-day moving average price is $44.83.

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

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

A number of large investors have recently bought and sold shares of PRSU. Caitong International Asset Management Co. Ltd increased its position in shares of Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company's stock valued at $28,000 after buying an additional 691 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Pursuit Attractions and Hospitality by 4,831.2% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company's stock worth $29,000 after acquiring an additional 773 shares during the last quarter. State of Wyoming purchased a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth approximately $38,000. Kemnay Advisory Services Inc. acquired a new position in Pursuit Attractions and Hospitality in the 4th quarter valued at $55,000. Finally, Tower Research Capital LLC TRC purchased a new position in Pursuit Attractions and Hospitality in the 2nd quarter valued at $67,000. Institutional investors and hedge funds own 89.91% of the company's stock.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality Inc NYSE: PRSU is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.

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