Party City Holdco Inc. is a holding company with no operating assets or operations. As of December 31, 2016, the Company owned PC Nextco Holdings, LLC (PC Nextco), which owned PC Intermediate Holdings, Inc. (PC Intermediate). As of December 31, 2016, PC Intermediate owned Party City Holdings Inc. (PCHI). PCHI or its direct or indirect subsidiaries conduct all of its operating businesses. The Company operates through two segments: Retail and Wholesale. Its retail operations generate revenue primarily through the sale of its Amscan, Designware, Anagram and Costumes USA party supplies through its Party City stores, Halloween City stores and PartyCity.com. Its wholesale revenues are generated from the sale of party goods for all occasions, including paper and plastic tableware, accessories and novelties, costumes, metallic and latex balloons and stationery.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Other Specialty Retailers - NEC
- Sub-Industry: N/A
- Symbol: NYSE:PRTY
- CUSIP: N/A
- Web: www.partycity.com
- Market Cap: $1.72116 billion
- Outstanding Shares: 119,527,000
- 50 Day Moving Avg: $15.65
- 200 Day Moving Avg: $14.94
- 52 Week Range: $12.65 - $19.10
Sales & Book Value:
- Trailing P/E Ratio: 15.27
- Foreward P/E Ratio: 10.14
- P/E Growth: 1.06
- Annual Revenue: $2.3 billion
- Price / Sales: 0.75
- Book Value: $8.52 per share
- Price / Book: 1.69
- EBIDTA: $361.82 million
- Net Margins: 4.92%
- Return on Equity: 13.81%
- Return on Assets: 3.95%
- Debt-to-Equity Ratio: 1.51%
- Current Ratio: 1.68%
- Quick Ratio: 0.45%
- Average Volume: 349,787 shs.
- Beta: 2.76
- Short Ratio: 22.73
Frequently Asked Questions for Party City Holdco (NYSE:PRTY)
What is Party City Holdco's stock symbol?
Party City Holdco trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRTY."
How were Party City Holdco's earnings last quarter?
Party City Holdco Inc. (NYSE:PRTY) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $477 million for the quarter, compared to the consensus estimate of $476.91 million. Party City Holdco had a net margin of 4.92% and a return on equity of 13.81%. Party City Holdco's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 EPS. View Party City Holdco's Earnings History.
What guidance has Party City Holdco issued on next quarter's earnings?
Party City Holdco updated its FY17 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $1.23-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.27. The company issued revenue guidance of $2.35-2.45 billion, compared to the consensus revenue estimate of $2.40 billion.
Where is Party City Holdco's stock going? Where will Party City Holdco's stock price be in 2017?
6 brokerages have issued twelve-month price objectives for Party City Holdco's stock. Their forecasts range from $16.00 to $20.00. On average, they anticipate Party City Holdco's share price to reach $18.00 in the next year. View Analyst Ratings for Party City Holdco.
What are analysts saying about Party City Holdco stock?
Here are some recent quotes from research analysts about Party City Holdco stock:
- 1. According to Zacks Investment Research, "Party City Holdco Inc. is involved in designs, manufactures, contracts for manufacture and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts and stationery. It also operates specialty retail party supply stores primarily in the United States and Canada. Party City Holdco Inc. is based in Elmsford, New York. " (5/13/2017)
- 2. BMO Capital Markets analysts commented, "We update our estimates post the 4Q16 EPS print and reduce our price target to $16, as adjusted EBITDA margins in the near term look to be flattening on rising input costs and F/X headwinds. Albeit a modest reset, we continue to harbor concerns around consensus estimates being too high in 2018. At this juncture we find it hard to assume the P/E multiple expands, and more likely it holds flat at ~11.5x as applied to our 2018 $1.36 EPS estimate." (3/15/2017)
Who are some of Party City Holdco's key competitors?
Who are Party City Holdco's key executives?
Party City Holdco's management team includes the folowing people:
- Gregg A. Melnick, President
- James M. Harrison, Chief Executive Officer, Director
- Daniel J. Sullivan, Chief Financial Officer
- Ryan T. Vero, President of the Party City Retail Group
- Michael A. Correale, Executive Vice President, Chief Accounting Officer, Principal Accounting Officer, Treasurer
- Todd M. Abbrecht, Director
- Jefferson M. Case, Director
- Steven J. Collins, Director
- Uttam K. Jain, Director
- Joshua M. Nelson, Director
When did Party City Holdco IPO?
(PRTY) raised $350 million in an initial public offering 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 served as the underwriters for the IPO and Barclays, Deutsche Bank Securities, J.P. Morgan, William Blair, Stephens and Telsey Advisory Group were co-managers.
Who owns Party City Holdco stock?
Party City Holdco's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.02%), Adams Diversified Equity Fund Inc. (0.06%) and Fox Run Management L.L.C. (0.02%). Company insiders that own Party City Holdco stock include Gregg A Melnick, James M Harrison, Michael A Correale and Norman S Matthews. View Institutional Ownership Trends for Party City Holdco.
Who sold Party City Holdco stock? Who is selling Party City Holdco stock?
Who bought Party City Holdco stock? Who is buying Party City Holdco stock?
Party City Holdco's stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. Company insiders that have bought Party City Holdco stock in the last two years include Gregg A Melnick, James M Harrison, Michael A Correale and Norman S Matthews. View Insider Buying and Selling for Party City Holdco.
How do I buy Party City Holdco stock?
Shares of Party City Holdco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Party City Holdco's stock price today?
MarketBeat Community Rating for Party City Holdco (NYSE PRTY)MarketBeat's community ratings are surveys of what our community members think about Party City Holdco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Party City Holdco stock can currently be purchased for approximately $14.40.
Consensus Ratings for Party City Holdco (NYSE:PRTY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$18.00 (25.00% upside)|
Analysts' Ratings History for Party City Holdco (NYSE:PRTY)
(Data available from 7/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/15/2017||BMO Capital Markets||Reiterated Rating||Market Perform||$18.00 -> $16.00||Low|
|3/13/2017||Credit Suisse Group||Set Price Target||Buy||$19.00||Low|
|2/16/2017||Telsey Advisory Group||Reiterated Rating||Outperform||N/A|
|10/25/2016||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$17.00||N/A|
|8/5/2016||Morgan Stanley||Reiterated Rating||Hold||$17.00||N/A|
|8/5/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$15.00 -> $19.00||N/A|
|4/14/2016||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|3/30/2016||Barclays PLC||Initiated Coverage||Equal Weight||$16.00||N/A|
|12/11/2015||Bank of America Corporation||Downgrade||Buy -> Neutral||$16.00||N/A|
|11/16/2015||William Blair||Reiterated Rating||Market Perform||N/A|
Earnings History for Party City Holdco (NYSE:PRTY)Earnings History by Quarter for Party City Holdco (NYSE PRTY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/9/2017||Q1 2017||$0.04||$0.05||$476.91 million||$477.00 million||View||Listen|
|3/9/2017||Q4 2016||$0.74||$0.76||$758.24 million||$749.00 million||View||Listen|
|11/10/2016||Q316||$0.13||$0.12||$589.84 million||$557.00 million||View||N/A|
|8/4/2016||Q216||$0.19||$0.24||$521.07 million||$519.40 million||View||N/A|
|5/12/2016||Q116||$0.03||$0.04||$471.71 million||$458.00 million||View||Listen|
|3/10/2016||Q415||$0.75||$0.76||$784.38 million||$782.00 million||View||Listen|
|11/12/2015||Q315||$0.12||$0.10||$572.57 million||$555.00 million||View||Listen|
|8/13/2015||Q215||$0.12||$0.12||$507.90 million||$495.50 million||View||Listen|
|5/14/2015||Q115||($0.09)||($0.03)||$433.00 million||$462.10 million||View||Listen|
Earnings Estimates for Party City Holdco (NYSE:PRTY)
Current Year EPS Consensus Estimate: $1.24 EPS
Next Year EPS Consensus Estimate: $1.42 EPS
Dividend History for Party City Holdco (NYSE:PRTY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Party City Holdco (NYSE:PRTY)
Insider Ownership Percentage: 5.02%Insider Trades by Quarter for Party City Holdco (NYSE:PRTY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/8/2016||James M Harrison||CEO||Buy||20,969||$17.94||$376,183.86|| |
|3/14/2016||Norman S Matthews||Director||Buy||38,000||$12.86||$488,680.00|| |
|11/20/2015||Gregg A Melnick||President||Buy||8,300||$12.23||$101,509.00|| |
|11/17/2015||James M Harrison||CEO||Buy||10,000||$12.62||$126,200.00|| |
|11/17/2015||Michael A Correale||CFO||Buy||6,000||$12.12||$72,720.00|| |
Headline Trends for Party City Holdco (NYSE:PRTY)
Latest Headlines for Party City Holdco (NYSE:PRTY)
|Head-To-Head Analysis: Barnes & Noble Education (BNED) & Party City Holdco (NYSE:PRTY)|
www.americanbankingnews.com - July 21 at 7:44 AM
|Party City Invests In Punchbowl As Part Of Strategic Partnership|
seekingalpha.com - July 20 at 6:25 AM
|Party City to Report Second Quarter 2017 Financial Results on August 2, 2017|
finance.yahoo.com - July 20 at 6:25 AM
|Party City (PRTY) Announces Agreement with Punchbowl Inc. to Launch Digital Invitation Platform|
www.streetinsider.com - July 18 at 7:31 AM
|Party City Builds Out Digital Initiatives|
finance.yahoo.com - July 17 at 8:38 AM
|$550.79 Million in Sales Expected for Party City Holdco Inc. (NYSE:PRTY) This Quarter|
www.americanbankingnews.com - July 13 at 9:18 AM
|Party City Holdco Inc. (NYSE:PRTY) Expected to Announce Earnings of $0.26 Per Share|
www.americanbankingnews.com - July 11 at 8:24 PM
|ETFs with exposure to Party City Holdco, Inc. : July 10, 2017|
finance.yahoo.com - July 11 at 6:47 AM
|Party City Holdco Inc. (NYSE:PRTY) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - July 3 at 6:52 PM
|The Short Case For Party City|
seekingalpha.com - July 2 at 7:41 PM
|Party City Holdco Inc. (NYSE:PRTY) Upgraded to Hold by BidaskClub|
www.americanbankingnews.com - July 1 at 4:30 PM
|Party City Holdco, Inc. breached its 50 day moving average in a Bullish Manner : PRTY-US : June 29, 2017|
finance.yahoo.com - June 30 at 4:25 AM
|ETFs with exposure to Party City Holdco, Inc. : June 26, 2017|
finance.yahoo.com - June 27 at 7:28 AM
|Party City Holdco, Inc. :PRTY-US: Earnings Analysis: Q1, 2017 By the Numbers : June 23, 2017|
finance.yahoo.com - June 23 at 8:03 PM
|Party City Holdco (PRTY) & West Marine (WMAR) Head to Head Comparison|
www.americanbankingnews.com - June 23 at 6:26 PM
|Head to Head Comparison: Party City Holdco (PRTY) vs. Staples (SPLS)|
www.americanbankingnews.com - June 23 at 11:13 AM
|Party City Holdco, Inc. – Value Analysis (NYSE:PRTY) : June 20, 2017|
finance.yahoo.com - June 21 at 2:10 AM
|Party City Holdco, Inc. breached its 50 day moving average in a Bearish Manner : PRTY-US : June 19, 2017|
finance.yahoo.com - June 19 at 10:16 AM
|BidaskClub Downgrades Party City Holdco Inc. (PRTY) to Sell|
www.americanbankingnews.com - June 17 at 4:12 PM
|$550.79 Million in Sales Expected for Party City Holdco Inc. (PRTY) This Quarter|
www.americanbankingnews.com - June 17 at 8:00 AM
|$0.26 EPS Expected for Party City Holdco Inc. (PRTY) This Quarter|
www.americanbankingnews.com - June 15 at 8:26 PM
|Should Value Investors Pick Party City (PRTY)?|
finance.yahoo.com - June 8 at 8:12 PM
|Party City Holdco Inc (PRTY) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - June 6 at 6:40 PM
|Party City Holdco Breaks Above 200-Day Moving Average - Bullish for PRTY|
www.nasdaq.com - May 23 at 6:47 PM
|Zacks Investment Research Downgrades Party City Holdco Inc (PRTY) to Hold|
www.americanbankingnews.com - May 13 at 7:26 AM
|Party City Holdco Inc (PRTY) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - May 12 at 4:04 PM
|Edited Transcript of PRTY earnings conference call or presentation 9-May-17 12:00pm GMT|
finance.yahoo.com - May 10 at 11:29 AM
|Party City Holdco Inc (PRTY) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - May 10 at 7:28 AM
|Party City Holdco Inc (PRTY) Releases Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - May 9 at 5:52 PM
|Party City Announces First Quarter 2017 Results|
finance.yahoo.com - May 9 at 11:00 AM
|Party City Holdco Inc (PRTY) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - May 9 at 8:52 AM
|Party City reports 1Q loss|
marketbeat.com - May 9 at 8:15 AM
|Noteworthy Friday Option Activity: PRTY, TMUS, YRCW|
www.nasdaq.com - May 6 at 7:12 PM
|Cinco de Mayo Sales up at Party City|
finance.yahoo.com - May 3 at 7:40 PM
|Party City Holdco (PRTY) Receiving Somewhat Positive Media Coverage, Report Finds|
www.americanbankingnews.com - May 3 at 3:32 PM
|Private equity firm eyes Party City, stirring up sale talk|
www.bizjournals.com - May 1 at 11:12 AM
|Party City Holdco (PRTY) Earns Daily News Impact Score of -0.09|
www.americanbankingnews.com - April 30 at 9:46 AM
|Party City Holdco Inc (PRTY) Expected to Announce Quarterly Sales of $473.99 Million|
www.americanbankingnews.com - April 29 at 7:56 AM
|ETFs with exposure to Party City Holdco, Inc. : April 27, 2017|
finance.yahoo.com - April 28 at 8:16 AM
|Zacks: Analysts Expect Party City Holdco Inc (PRTY) to Announce $0.04 EPS|
www.americanbankingnews.com - April 28 at 12:48 AM
|Party City Holdco (PRTY) Getting Somewhat Critical News Coverage, Report Shows|
www.americanbankingnews.com - April 26 at 11:14 AM
|Party City to Report First Quarter 2017 Financial Results on May 9, 2017|
finance.yahoo.com - April 25 at 6:26 PM
|Party City Holdco (PRTY) Receives Daily Media Impact Rating of -0.08|
www.americanbankingnews.com - April 23 at 3:36 PM
|Commit To Buy Party City Holdco At $12.50, Earn 12% Annualized Using Options|
www.nasdaq.com - April 22 at 12:11 PM
|Party City Holdco (PRTY) Given Media Impact Score of 0.05|
www.americanbankingnews.com - April 21 at 12:33 AM
|Party City Holdco, Inc. breached its 50 day moving average in a Bullish Manner : PRTY-US : April 18, 2017|
finance.yahoo.com - April 18 at 9:39 AM
|Party City Holdco Inc (PRTY) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - April 17 at 6:58 PM
|Party City Holdco (PRTY) Earning Favorable Press Coverage, Study Shows|
www.americanbankingnews.com - April 14 at 11:29 PM
|Party City Holdco Inc (PRTY) Lifted to "C-" at TheStreet|
www.americanbankingnews.com - April 13 at 4:26 PM
|ETFs with exposure to Party City Holdco, Inc. : April 10, 2017|
finance.yahoo.com - April 10 at 6:53 PM
Party City Holdco (PRTY) Chart for Sunday, July, 23, 2017