Party City Holdco Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Party City Holdco in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Party City Holdco stock.
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Party City Holdco is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Party City Holdco.

Party City Holdco Inc. (NYSE:PRTY) announced its quarterly earnings data on Sunday, May, 9th. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.13. The specialty retailer had revenue of $426.81 million for the quarter, compared to analyst estimates of $404.70 million. Party City Holdco had a negative net margin of 0.04% and a negative trailing twelve-month return on equity of 93.52%.
View Party City Holdco's earnings history.

Party City Holdco's stock was trading at $1.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PRTY shares have increased by 841.0% and is now trading at $9.88.
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Party City Holdco issued an update on its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $475 million-490 million, compared to the consensus revenue estimate of $382.71 million.

2 brokers have issued 1-year price objectives for Party City Holdco's stock. Their forecasts range from $5.40 to $11.00. On average, they anticipate Party City Holdco's share price to reach $8.80 in the next twelve months. This suggests that the stock has a possible downside of 10.9%.
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133 employees have rated Party City Holdco CEO Jim Harrison on Glassdoor.com. Jim Harrison has an approval rating of 51% among Party City Holdco's employees. This puts Jim Harrison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Party City Holdco include FirstCash (FCFS), The RealReal (REAL), PLBY Group (PLBY), Ferrellgas Partners (FGPR), Suburban Propane Partners (SPH), Winmark (WINA), Mudrick Capital Acquisition Co. II (MUDS), EZCORP (EZPW), Live Ventures (LIVE), NuZee (NUZE), Integrated Ventures (INTV), CloudCommerce (CLWD), Global Acquisitions (AASP), Kallo (KALO) and IGS Capital Group (IGSC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Party City Holdco investors own include Coty (COTY), Carnival Co. & (CCL), Bank of America (BAC), Designer Brands (DBI), Sorrento Therapeutics (SRNE), Invesco Mortgage Capital (IVR), American Airlines Group (AAL), Energy Transfer (ET), Exxon Mobil (XOM) and ADMA Biologics (ADMA).

(PRTY) raised $350 million in an initial public offering (IPO) on Thursday, April 16th 2015. The company issued 21,900,000 shares at $15.00-$17.00 per share. Goldman Sachs, BofA Merrill Lynch, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, J.P. Morgan, William Blair, Stephens and Telsey Advisory Group were co-managers.

Party City Holdco trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRTY."

Party City Holdco's stock is owned by a variety of retail and institutional investors. Top institutional investors include CAS Investment Partners LLC (14.36%), Morgan Stanley (8.20%), Diameter Capital Partners LP (4.18%), JPMorgan Chase & Co. (3.04%), Bank of New York Mellon Corp (2.78%) and Renaissance Technologies LLC (2.23%). Company insiders that own Party City Holdco stock include Clifford Sosin, James Grant Conroy, James M Harrison, Michael A Correale, Michael Peter Harrison, Norman S Matthews and William S Creekmuir.
View institutional ownership trends for Party City Holdco.

PRTY stock was sold by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Morgan Stanley, Millennium Management LLC, Arrowstreet Capital Limited Partnership, Goldman Sachs Group Inc., Alpha Paradigm Partners LLC, Rockefeller Capital Management L.P., and Renaissance Technologies LLC.
View insider buying and selling activity for Party City Holdco or view top insider-selling stocks.

PRTY stock was acquired by a variety of institutional investors in the last quarter, including Diameter Capital Partners LP, Bank of New York Mellon Corp, CAS Investment Partners LLC, Squarepoint Ops LLC, JPMorgan Chase & Co., Stifel Financial Corp, Franklin Resources Inc., and HRT Financial LP. Company insiders that have bought Party City Holdco stock in the last two years include Clifford Sosin, James Grant Conroy, James M Harrison, Michael A Correale, Michael Peter Harrison, Norman S Matthews, and William S Creekmuir.
View insider buying and selling activity for Party City Holdco or or view top insider-buying stocks.

Shares of PRTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PRTY stock can currently be purchased for approximately $9.88.

Party City Holdco has a market capitalization of $1.10 billion and generates $1.85 billion in revenue each year. The specialty retailer earns $-528,240,000.00 in net income (profit) each year or ($0.57) on an earnings per share basis.

Party City Holdco employs 17,298 workers across the globe.

The official website for Party City Holdco is www.partycity.com.

Party City Holdco is headquartered at 80 GRASSLANDS ROAD, ELMSFORD NY, 10523.

Party City Holdco's mailing address is 80 GRASSLANDS ROAD, ELMSFORD NY, 10523. The specialty retailer can be reached via phone at 914-345-2020 or via email at [email protected]