About Party City Holdco (NYSE:PRTY)
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
Industry Miscellaneous retail
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNYSE:PRTY
CUSIPN/A
Phone914-345-2020
Debt
Debt-to-Equity Ratio1.58%
Current Ratio1.29%
Quick Ratio0.40%
Price-To-Earnings
Trailing P/E Ratio12.86
Forward P/E Ratio8.84
P/E Growth0.41
Sales & Book Value
Annual Sales$2.37 billion
Price / Sales0.65
Cash Flow$1.9632 per share
Price / Cash8.15
Book Value$8.12 per share
Price / Book1.97
Profitability
EPS (Most Recent Fiscal Year)$1.20
Net Income$215.34 million
Net Margins9.08%
Return on Equity14.14%
Return on Assets4.18%
Miscellaneous
Employees19,800
Outstanding Shares96,430,000
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 declared that its board has authorized a share buyback program on Saturday, November 11th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.
How were Party City Holdco's earnings last quarter?
Party City Holdco Inc (NYSE:PRTY) released its quarterly earnings data on Friday, March, 9th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.80. The specialty retailer had revenue of $789.60 million for the quarter, compared to analyst estimates of $781.30 million. Party City Holdco had a net margin of 9.08% and a return on equity of 14.14%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.76 earnings per share. View Party City Holdco's Earnings History.
When is Party City Holdco's next earnings date?
What guidance has Party City Holdco issued on next quarter's earnings?
Party City Holdco updated its FY18 earnings guidance on Friday, March, 9th. The company provided EPS guidance of $1.76-1.87 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.83. The company issued revenue guidance of $2.44-2.49 billion, compared to the consensus revenue estimate of $2.46 billion.
What price target have analysts set for PRTY?
6 brokers have issued 12 month target prices for Party City Holdco's shares. Their predictions range from $14.00 to $23.00. On average, they anticipate Party City Holdco's stock price to reach $18.8333 in the next year. View Analyst Ratings for Party City Holdco.
Who are some of Party City Holdco's key competitors?
Some companies that are related to Party City Holdco include First Cash Financial Services (FCFS), Suburban Propane Partners (SPH), EZCorp. (EZPW), Winmark (WINA), Ferrellgas Partners (FGP), ZAGG (ZAGG), Acorn International (ATV), CafePress (PRSS), IGS Capital Group (IGSC), All American Sportpark (AASP), CloudCommerce (CLWD) and Sky Resort International (SKYL).
Who are Party City Holdco's key executives?
Party City Holdco's management team includes the folowing people:
- Gregg A. Melnick, President (Age 47)
- James M. Harrison, Chief Executive Officer, Director (Age 65)
- Daniel J. Sullivan, Chief Financial Officer (Age 48)
- Ryan T. Vero, President of the Party City Retail Group (Age 47)
- Michael A. Correale, Executive Vice President, Chief Accounting Officer, Principal Accounting Officer, Treasurer (Age 59)
- Todd M. Abbrecht, Director (Age 48)
- Steven J. Collins, Director (Age 48)
- Uttam K. Jain, Director (Age 37)
- Joshua M. Nelson, Director (Age 44)
- William S. Creekmuir, Independent Director (Age 61)
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 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.
Has Party City Holdco been receiving favorable news coverage?
News stories about PRTY stock have trended positive on Thursday, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Party City Holdco earned a daily sentiment score of 0.46 on Accern's scale. They also assigned press coverage about the specialty retailer an impact score of 45.01 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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 $16.00.
How big of a company is Party City Holdco?
Party City Holdco has a market capitalization of $1.54 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.
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 (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 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.
Party City Holdco (NYSE:PRTY) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Party City Holdco in the last 12 months. Their average twelve-month price target is $18.8333, suggesting that the stock has a possible upside of 17.71%. The high price target for PRTY is $23.00 and the low price target for PRTY is $14.00. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.67 | 2.50 | 2.67 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $18.8333 | $18.1667 | $16.6667 | $17.50 |
| Price Target Upside: | 17.71% upside | 19.75% upside | 5.82% upside | 56.25% upside |
Party City Holdco (NYSE:PRTY) Consensus Price Target History
Party City Holdco (NYSE:PRTY) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Party City Holdco (NYSE:PRTY) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Party City Holdco (NYSE PRTY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.02%
Institutional Ownership Percentage: 83.49%
Party City Holdco (NYSE PRTY) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/13/2018 | Gerald C Rittenberg | Director | Sell | 239,000 | $15.38 | $3,675,820.00 | |  |
| 12/29/2017 | Gerald C Rittenberg | Director | Sell | 50,000 | $14.00 | $700,000.00 | | |
| 12/29/2017 | Gerald C Rittenberg | Director | Sell | 50,000 | $14.00 | $700,000.00 | | |
| 12/22/2017 | Gerald C Rittenberg | Director | Sell | 100,000 | $14.00 | $1,400,000.00 | | |
| 12/22/2017 | International Corp/Ma Advent | Major Shareholder | Sell | 19,841,694 | $12.20 | $242,068,666.80 | | |
| 12/11/2017 | International Corp/Ma Advent | Major Shareholder | Sell | 2,558,306 | $12.67 | $32,413,737.02 | | |
| 12/11/2017 | Jefferson M Case | Director | Sell | 42,979 | $12.67 | $544,543.93 | | |
| 11/16/2017 | Michael A Correale | Insider | Buy | 5,000 | $12.14 | $60,700.00 | 79,756 | |
| 11/13/2017 | James M Harrison | CEO | Buy | 20,000 | $11.27 | $225,400.00 | | |
| 8/16/2017 | Ryan T Vero | Insider | Buy | 2,921 | $13.70 | $40,017.70 | 2,921 | |
| 8/8/2017 | Gerald C Rittenberg | Director | Sell | 70,000 | $14.68 | $1,027,600.00 | | |
| 8/4/2017 | James M Harrison | CEO | Buy | 65,000 | $14.50 | $942,500.00 | 969 | |
| 8/8/2016 | James M Harrison | CEO | Buy | 20,969 | $17.94 | $376,183.86 | 20,969 | |
| 3/14/2016 | Norman S Matthews | Director | Buy | 38,000 | $12.86 | $488,680.00 | 122,000 | |
| 11/20/2015 | Gregg A Melnick | President | Buy | 8,300 | $12.23 | $101,509.00 | 53,100 | |
| 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 | 74,756 | |
(Data available from 1/1/2013 forward)
Party City Holdco (NYSE PRTY) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Party City to Report First Quarter 2018 Financial Results on May 9, 2018
finance.yahoo.com - April 25 at 5:35 PM |
 | Head-To-Head Review: Party City Holdco (PRTY) & First Cash Financial Services (FCFS)
www.americanbankingnews.com - April 20 at 8:46 AM |
| BofA: Party City Comps Could Be Driven Higher By Better Halloween Timing, Licensed Merchandise, Store Acquisitions
finance.yahoo.com - April 19 at 5:47 PM |
| Party City Holdco (PRTY) Downgraded by BidaskClub to "Sell"
www.americanbankingnews.com - April 19 at 12:49 PM |
| Party City Holdco (PRTY) Lifted to "Buy" at Bank of America
www.americanbankingnews.com - April 19 at 10:01 AM |
| TheStreet Upgrades Party City Holdco (PRTY) to "B-"
www.americanbankingnews.com - April 18 at 10:04 AM |
| Party City Holdco (PRTY) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - April 16 at 5:24 PM |
| First Cash Financial Services (FCFS) vs. Party City Holdco (PRTY) Financial Analysis
www.americanbankingnews.com - April 15 at 9:09 PM |
| Critical Survey: Party City Holdco (PRTY) vs. ZAGG (ZAGG)
www.americanbankingnews.com - April 15 at 9:27 AM |
| Party City Holdco (PRTY) Given a $16.00 Price Target by BMO Capital Markets Analysts
www.americanbankingnews.com - April 13 at 3:16 PM |
| Zacks: Analysts Expect Party City Holdco Inc (PRTY) Will Announce Quarterly Sales of $502.51 Million
www.americanbankingnews.com - April 11 at 2:23 AM |
| Party City Holdco (PRTY) Upgraded to "Outperform" by BMO Capital Markets
www.americanbankingnews.com - April 5 at 10:14 PM |
| Party City Holdco Inc (PRTY) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 4 at 3:37 PM |
| Party City Holdco (PRTY) Price Target Cut to $15.50 by Analysts at Morgan Stanley
www.americanbankingnews.com - April 1 at 12:40 AM |
| Brokerages Anticipate Party City Holdco Inc (PRTY) Will Announce Quarterly Sales of $502.51 Million
www.americanbankingnews.com - March 25 at 3:48 AM |
| Party City Holdco (PRTY) Given "Buy" Rating at Stephens
www.americanbankingnews.com - March 24 at 11:25 AM |
| $0.06 EPS Expected for Party City Holdco Inc (PRTY) This Quarter
www.americanbankingnews.com - March 23 at 5:16 PM |
| Traders Buy Large Volume of Party City Holdco Put Options (PRTY)
www.americanbankingnews.com - March 21 at 7:54 AM |
| Party City Holdco (PRTY) Lowered to "Hold" at JPMorgan Chase & Co.
www.americanbankingnews.com - March 19 at 10:46 AM |
| Take-Two Interactive Software (TTWO) & Party City Holdco (PRTY) Critical Analysis
www.americanbankingnews.com - March 18 at 11:45 AM |
| Gerald C. Rittenberg Sells 239,000 Shares of Party City Holdco Inc (PRTY) Stock
www.americanbankingnews.com - March 14 at 7:10 PM |
| Party City Holdco (PRTY) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 14 at 6:48 AM |
| BMO Capital Markets Reiterates "$20.00" Price Target for Party City Holdco (PRTY)
www.americanbankingnews.com - March 12 at 7:43 PM |
 | Party City Holdco (PRTY) in Focus: Stock Moves 7.6% Higher
www.zacks.com - March 12 at 8:28 AM |
| Party City Holdco (PRTY) Rating Lowered to Hold at ValuEngine
www.americanbankingnews.com - March 11 at 10:34 PM |
| Party City Holdco Inc (PRTY) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 10 at 4:17 PM |
| Why Party City Stock Is Jumping Today
finance.yahoo.com - March 9 at 6:58 PM |
| Party City Holdco (PRTY) Announces Quarterly Earnings Results
www.americanbankingnews.com - March 9 at 10:54 AM |
| Party City Holdco (PRTY) Issues FY18 Earnings Guidance
www.americanbankingnews.com - March 9 at 9:17 AM |
| Will Party City Holdco Inc (NYSE:PRTY) Continue To Underperform Its Industry?
finance.yahoo.com - March 9 at 8:13 AM |
| Party City Announces Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - March 9 at 8:13 AM |
| Party City Announces the Acquisition of 11 Franchise Stores in the Maryland Market
finance.yahoo.com - March 9 at 8:13 AM |
| Party City tops Street 4Q forecasts
finance.yahoo.com - March 9 at 8:13 AM |
| Party City Holdco, Inc. to Host Earnings Call
finance.yahoo.com - March 8 at 8:15 AM |
| Party City Holdco Inc (PRTY) Expected to Post Quarterly Sales of $777.86 Million
www.americanbankingnews.com - March 8 at 5:05 AM |
| Party City Reschedules Date of Fourth Quarter 2017 Earnings Release and Conference Call to March 9, 2018 Due to Severe Weather Expected in Northeast
finance.yahoo.com - March 6 at 5:45 PM |
| Brokerages Expect Party City Holdco Inc (PRTY) to Announce $0.80 EPS
www.americanbankingnews.com - March 6 at 1:19 PM |
| Landscape Capital Management L.L.C. Takes Position in Party City Holdco Inc (PRTY)
www.americanbankingnews.com - March 4 at 2:29 PM |
| Party City Holdco (PRTY) Set to Announce Earnings on Thursday
www.americanbankingnews.com - March 1 at 1:12 AM |
 | This Morning's Technical Outlook on Specialty Retail Stocks -- Party City Holdco, Pier 1 Imports, Sally Beauty, and Vitamin Shoppe
www.bizjournals.com - February 27 at 8:12 AM |
| Party City to Report Fourth Quarter 2017 Financial Results on March 8, 2018
finance.yahoo.com - February 23 at 6:04 PM |
| Is Party City Holdco (PRTY) a Great Stock for Value Investors?
finance.yahoo.com - February 22 at 5:41 PM |
| Analysts Anticipate Party City Holdco Inc (PRTY) Will Announce Quarterly Sales of $777.86 Million
www.americanbankingnews.com - February 19 at 3:34 AM |
| Party City Holdco Inc (PRTY) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - February 13 at 5:52 PM |
| Party City Holdco Inc (PRTY) Expected to Post Quarterly Sales of $777.48 Million
www.americanbankingnews.com - February 2 at 2:40 AM |
| Bull of the Day: Party City Holdings (PRTY)
www.zacks.com - January 24 at 3:46 PM |
| Party City Holdco Inc (PRTY) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - January 19 at 5:50 PM |
| Party City Holdco Earns RS Rating Upgrade
finance.yahoo.com - January 18 at 11:13 AM |
| Zacks: Brokerages Expect Party City Holdco Inc (PRTY) Will Announce Quarterly Sales of $777.48 Million
www.americanbankingnews.com - January 16 at 2:40 AM |
| Party City Holdco Inc (PRTY) to Post FY2018 Earnings of $1.90 Per Share, William Blair Forecasts
www.americanbankingnews.com - January 15 at 10:14 AM |
Party City Holdco (NYSE:PRTY) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Party City Holdco (NYSE:PRTY) Income Statement, Balance Sheet and Cash Flow Statement
Party City Holdco (NYSE PRTY) Stock Chart for Thursday, April, 26, 2018
Loading chart…
