Veracity Capital LLC Makes New $3.50 Million Investment in 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 acquired a new stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 121,290 shares of the company's stock, valued at approximately $3,497,000. Pursuit Attractions and Hospitality makes up approximately 1.2% of Veracity Capital LLC's portfolio, making the stock its 9th biggest holding. Veracity Capital LLC owned about 0.43% of Pursuit Attractions and Hospitality as of its most recent filing with the SEC.

Pursuit Attractions and Hospitality Stock Performance

Shares of PRSU stock traded down $0.06 during trading hours on Friday, reaching $36.58. 305,471 shares of the company traded hands, compared to its average volume of 184,609. The firm has a 50-day moving average price of $33.99 and a 200 day moving average price of $32.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.89. Pursuit Attractions and Hospitality, Inc. has a 12-month low of $26.66 and a 12-month high of $47.49. The company has a market cap of $1.03 billion, a P/E ratio of 3.17, 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 quarterly earnings data on Wednesday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.10. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%.The business had revenue of $116.74 million for the quarter, compared to the consensus estimate of $110.30 million. As a group, sell-side analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In other news, Director Jill Bright acquired 1,000 shares of the business's stock in a transaction dated 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 acquisition, the director owned 6,311 shares of the company's stock, valued at approximately $232,055.47. This trade represents a 18.83% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.71% of the company's stock.

Wall Street Analyst Weigh In

PRSU has been the subject of several recent analyst reports. Stifel Nicolaus initiated coverage on shares of Pursuit Attractions and Hospitality in a research note on Thursday, May 29th. They issued a "buy" rating and a $38.00 target price for the company. Oppenheimer reiterated an "outperform" rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company 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.