Veracity Capital LLC Buys Shares of 121,290 Pursuit Attractions and Hospitality, Inc. $PRSU

Key Points

• Veracity Capital LLC acquired 121,290 shares of Pursuit Attractions and Hospitality, worth approximately $3.5 million, making it the firm's 9th largest position.
• Pursuit Attractions and Hospitality reported an earnings per share (EPS) of $0.36, exceeding the consensus estimate of $0.26, with a revenue of $116.74 million.
• Research firms maintain a positive outlook on Pursuit Attractions and Hospitality, with multiple "buy" ratings and a consensus price target of $29.67.

Veracity Capital LLC bought a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 121,290 shares of the company's stock, valued at approximately $3,497,000. Pursuit Attractions and Hospitality makes up about 1.2% of Veracity Capital LLC's portfolio, making the stock its 9th biggest position. Veracity Capital LLC owned approximately 0.43% of Pursuit Attractions and Hospitality as of its most recent filing with the SEC.

Pursuit Attractions and Hospitality Price Performance

PRSU opened at $36.30 on Tuesday. The company's 50 day simple moving average is $33.61 and its 200 day simple moving average is $32.19. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04. Pursuit Attractions and Hospitality, Inc. has a 1 year low of $26.66 and a 1 year high of $47.49. The stock has a market capitalization of $1.03 billion, a PE ratio of 3.14, a P/E/G ratio of 2.22 and a beta of 1.76.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.10. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. The business had revenue of $116.74 million for the quarter, compared to analysts' expectations of $110.30 million. As a group, sell-side analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Insider Activity

In related news, Director Jill Bright bought 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were acquired at an average cost of $36.77 per share, with a total value of $36,770.00. Following the completion of the transaction, the director owned 6,311 shares of the company's stock, valued at approximately $232,055.47. The trade was a 18.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 4.10% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on PRSU. Oppenheimer restated an "outperform" rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 8th. Craig Hallum restated a "buy" rating and set a $10.00 target price on shares of Pursuit Attractions and Hospitality in a report on Thursday, May 22nd. Finally, Stifel Nicolaus started coverage on shares of Pursuit Attractions and Hospitality in a report on Thursday, May 29th. They set a "buy" rating and a $38.00 price target for the company. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Pursuit Attractions and Hospitality has an average rating of "Buy" and a consensus price target of $29.67.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.

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