Pursuit Attractions and Hospitality's (PRSU) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• Pursuit Attractions and Hospitality's stock received a "hold (c)" rating from Weiss Ratings while Oppenheimer maintained an "outperform" rating, with an average price target of $29.67.
• The company's stock is currently trading at $35.11, up 1.8%, with a 52-week range between $26.66 and $47.49.
• Pursuit Attractions and Hospitality reported earnings of $0.36 per share for the last quarter, exceeding estimates and contributing to a strong net margin of 51.67%.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report)'s stock had its "hold (c)" rating reiterated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Oppenheimer reaffirmed an "outperform" rating on shares of Pursuit Attractions and Hospitality in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $29.67.

Pursuit Attractions and Hospitality Stock Up 1.8%

PRSU stock opened at $35.11 on Wednesday. Pursuit Attractions and Hospitality has a 52-week low of $26.66 and a 52-week high of $47.49. The company's 50 day simple moving average is $35.44 and its 200-day simple moving average is $32.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.89. The firm has a market capitalization of $992.74 million, a P/E ratio of 3.04, a P/E/G ratio of 2.09 and a beta of 1.76.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $110.30 million. As a group, equities research analysts anticipate that Pursuit Attractions and Hospitality will post 1.25 EPS for the current year.

Insider Buying and Selling

In other Pursuit Attractions and Hospitality news, Director Jill Bright bought 1,000 shares of the firm's stock in a transaction on Tuesday, August 26th. The stock was bought 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 directly owned 6,311 shares of the company's stock, valued at approximately $232,055.47. The trade was a 18.83% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.71% of the stock is owned by corporate insiders.

Institutional Trading of Pursuit Attractions and Hospitality

Several large investors have recently added to or reduced their stakes in PRSU. Veracity Capital LLC bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $3,497,000. State of Alaska Department of Revenue bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $367,000. KLP Kapitalforvaltning AS bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $112,000. Allspring Global Investments Holdings LLC bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $43,665,000. Finally, Yousif Capital Management LLC bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $231,000. 89.91% of the stock is owned by institutional investors.

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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