NYSE:PRTY - Party City Holdco Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$11.16 +0.19 (+1.73 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$10.97
Today's Range$11.01 - $11.29
52-Week Range$8.24 - $16.95
Volume735,065 shs
Average Volume1.19 million shs
Market Capitalization$1.08 billion
P/E Ratio9.30
Dividend YieldN/A
Beta2.05
Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. The company operates in two segments, Retail and Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories and novelties, stationery, and decorations. As of March 9, 2018, the company offered its products through its 900 specialty retail party supply stores, including approximately 150 franchise stores in North America under the Party City and Halloween City names; and e-commerce Websites, principally through the domain name PartyCity.com. In addition, it franchises individual stores and franchise areas throughout the United States, Mexico, and Puerto Rico principally under the Party City name. The company offers its products through company-owned stores, independent party supply stores, mass merchants, grocery retailers, and dollar stores, as well as through other retailers and distributors. Party City Holdco Inc. was founded in 1947 and is based in Elmsford, New York.

Receive PRTY News and Ratings via Email

Sign-up to receive the latest news and ratings for PRTY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Miscellaneous retail
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone914-345-2020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.37 billion
Cash Flow$1.9858 per share
Book Value$8.12 per share

Profitability

Net Income$215.34 million

Miscellaneous

Employees19,800
Market Cap$1.08 billion
OptionableOptionable

Party City Holdco (NYSE:PRTY) Frequently Asked Questions

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 will Party City Holdco's stock buyback program work?

Party City Holdco announced that its Board of Directors has initiated a stock buyback plan on Saturday, November 11th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

How were Party City Holdco's earnings last quarter?

Party City Holdco Inc (NYSE:PRTY) released its quarterly earnings results on Thursday, August, 9th. The specialty retailer reported $0.40 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.01. The specialty retailer earned $561 million during the quarter, compared to analysts' expectations of $560.95 million. Party City Holdco had a net margin of 8.70% and a return on equity of 14.86%. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS. View Party City Holdco's Earnings History.

When is Party City Holdco's next earnings date?

Party City Holdco is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Party City Holdco.

What price target have analysts set for PRTY?

9 equities research analysts have issued twelve-month price objectives for Party City Holdco's shares. Their forecasts range from $12.00 to $23.00. On average, they expect Party City Holdco's stock price to reach $17.3333 in the next year. This suggests a possible upside of 55.3% from the stock's current price. View Analyst Price Targets for Party City Holdco.

What is the consensus analysts' recommendation for Party City Holdco?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Party City Holdco in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Party City Holdco.

Has Party City Holdco been receiving favorable news coverage?

News headlines about PRTY stock have been trending somewhat positive this week, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Party City Holdco earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the next several days.

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:
  • Mr. James M. Harrison, CEO & Director (Age 67)
  • Mr. Daniel J. Sullivan, Chief Financial Officer (Age 50)
  • Mr. Michael A. Correale, Chief Accounting Officer (Age 61)
  • Mr. Ryan T. Vero, Pres of Retail (Age 49)
  • Mr. Gerald C. Rittenberg, Non-Employee Sr. Adviser & Director (Age 67)

When did Party City Holdco IPO?

(PRTY) raised $350 million in an IPO on Thursday, April 16th 2015. The company issued 21,900,000 shares at a price of $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.

Who are Party City Holdco's major shareholders?

Party City Holdco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Nantahala Capital Management LLC (4.51%), Jennison Associates LLC (4.41%), BlackRock Inc. (3.95%), Copper Rock Capital Partners LLC (2.00%), Dimensional Fund Advisors LP (1.18%) and Elk Creek Partners LLC (0.97%). Company insiders that own Party City Holdco stock include Gerald C Rittenberg, H Lee Equity Fund Vi Thomas, International Corp/Ma Advent, James M Harrison, Jefferson M Case, Michael A Correale, Michael Peter Harrison, Norman S Matthews, Ryan T Vero and William S Creekmuir. View Institutional Ownership Trends for Party City Holdco.

Which institutional investors are selling Party City Holdco stock?

PRTY stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, BlackRock Inc., Millennium Management LLC, Elk Creek Partners LLC, King Luther Capital Management Corp, Prudential Financial Inc., D. E. Shaw & Co. Inc. and Raymond James & Associates. Company insiders that have sold Party City Holdco company stock in the last year include Gerald C Rittenberg and H Lee Equity Fund Vi Thomas. View Insider Buying and Selling for Party City Holdco.

Which institutional investors are buying Party City Holdco stock?

PRTY stock was bought by a variety of institutional investors in the last quarter, including Nantahala Capital Management LLC, Squarepoint Ops LLC, Dimensional Fund Advisors LP, Oak Ridge Investments LLC, Thompson Investment Management Inc., Toronto Dominion Bank, Copper Rock Capital Partners LLC and Jennison Associates LLC. Company insiders that have bought Party City Holdco stock in the last two years include James M Harrison, Michael A Correale, Michael Peter Harrison, Norman S Matthews, Ryan T Vero and William S Creekmuir. View Insider Buying and Selling for Party City Holdco.

How do I buy shares of Party City Holdco?

Shares of PRTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Party City Holdco's stock price today?

One share of PRTY stock can currently be purchased for approximately $11.16.

How big of a company is Party City Holdco?

Party City Holdco has a market capitalization of $1.08 billion and generates $2.37 billion in revenue each year. The specialty retailer earns $215.34 million in net income (profit) each year or $1.20 on an earnings per share basis. Party City Holdco employs 19,800 workers across the globe.

What is Party City Holdco's official website?

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

How can I contact Party City Holdco?

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]


MarketBeat Community Rating for Party City Holdco (NYSE PRTY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  551
MarketBeat's community ratings are surveys of what our community members think about Party City Holdco and other stocks. Vote "Outperform" if you believe PRTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel