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Pursuit Attractions and Hospitality (NYSE:PRSU) Shares Down 1% - What's Next?

Pursuit Attractions and Hospitality logo with Consumer Discretionary background

Key Points

  • Pursuit Attractions and Hospitality (NYSE:PRSU) experienced a 1% decline in stock price, trading at $34.92 after reaching a low of $34.35.
  • Equities analysts have set a consensus buy rating for the stock, with an average price target of $29.67, despite a lower target of $10 from one analyst and $38 from another.
  • The company reported earnings per share of $0.36 for its last quarter, surpassing expectations, with a revenue of $116.74 million exceeding analyst predictions of $110.30 million.
  • Five stocks to consider instead of Pursuit Attractions and Hospitality.

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Get Free Report)'s stock price traded down 1% during trading on Wednesday . The company traded as low as $34.35 and last traded at $34.92. 340,127 shares were traded during mid-day trading, a decline of 1% from the average session volume of 342,207 shares. The stock had previously closed at $35.28.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Oppenheimer reaffirmed an "outperform" rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 8th. Craig Hallum reiterated a "buy" rating and issued a $10.00 price objective on shares of Pursuit Attractions and Hospitality in a research note on Thursday, May 22nd. Finally, Stifel Nicolaus assumed coverage on shares of Pursuit Attractions and Hospitality in a research report on Thursday, May 29th. They set a "buy" rating and a $38.00 price target for the company. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, Pursuit Attractions and Hospitality presently has an average rating of "Buy" and a consensus target price of $29.67.

Check Out Our Latest Stock Report on Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality Trading Up 0.4%

The stock's 50 day moving average is $31.22 and its 200-day moving average is $32.46. The company has a market capitalization of $1.04 billion, a P/E ratio of 3.17, a P/E/G ratio of 2.25 and a beta of 1.91. 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 (NYSE:PRSU - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $110.30 million. As a group, equities research analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Veracity Capital LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth $3,497,000. State of Alaska Department of Revenue bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at $367,000. KLP Kapitalforvaltning AS bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at $112,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth about $43,665,000. Finally, Yousif Capital Management LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth about $231,000. Hedge funds and other institutional investors own 89.91% of the company's stock.

About Pursuit Attractions and Hospitality

(Get Free Report)

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.

Further Reading

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