Party City Holdco Company Profile (NYSE:PRTY)

About Party City Holdco (NYSE:PRTY)

Party City Holdco logoParty 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
Capitalization:
  • Market Cap: $1.76299 billion
  • Outstanding Shares: 119,527,000
Average Prices:
  • 50 Day Moving Avg: $15.65
  • 200 Day Moving Avg: $14.94
  • 52 Week Range: $12.65 - $19.10
P/E:
  • Trailing P/E Ratio: 15.75
  • Foreward P/E Ratio: 10.46
  • P/E Growth: 1.05
Sales & Book Value:
  • Annual Revenue: $2.3 billion
  • Price / Sales: 0.77
  • Book Value: $8.52 per share
  • Price / Book: 1.74
Profitability:
  • EBIDTA: $361.82 million
  • Net Margins: 4.92%
  • Return on Equity: 13.81%
  • Return on Assets: 3.95%
Debt:
  • Debt-to-Equity Ratio: 1.51%
  • Current Ratio: 1.68%
  • Quick Ratio: 0.45%
Misc:
  • Average Volume: 349,736 shs.
  • Beta: 2.76
  • Short Ratio: 17.37
 

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) released its quarterly earnings data on Tuesday, May, 9th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.01. The business had revenue of $477 million for the quarter, compared to the consensus estimate of $476.91 million. Party City Holdco had a return on equity of 13.81% and a net margin of 4.92%. The company's revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company 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 issued an update on its FY17 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (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 analysts have issued 12 month price targets for Party City Holdco's shares. Their predictions range from $16.00 to $20.00. On average, they expect 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 number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.02%) 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?

Party City Holdco's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. View Insider Buying and Selling for Party City Holdco.

Who bought Party City Holdco stock? Who is buying Party City Holdco stock?

Party City Holdco's stock was bought 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?

One share of Party City Holdco stock can currently be purchased for approximately $14.85.


MarketBeat Community Rating for Party City Holdco (NYSE PRTY)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  235
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.

Analyst Ratings

Consensus Ratings for Party City Holdco (NYSE:PRTY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.00 (21.21% upside)

Analysts' Ratings History for Party City Holdco (NYSE:PRTY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/15/2017BMO Capital MarketsReiterated RatingMarket Perform$18.00 -> $16.00LowView Rating Details
3/13/2017Credit Suisse GroupSet Price TargetBuy$19.00LowView Rating Details
2/16/2017Telsey Advisory GroupReiterated RatingOutperformN/AView Rating Details
10/25/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$17.00N/AView Rating Details
8/5/2016Morgan StanleyReiterated RatingHold$17.00N/AView Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetOverweight$15.00 -> $19.00N/AView Rating Details
4/14/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
3/30/2016Barclays PLCInitiated CoverageEqual Weight$16.00N/AView Rating Details
12/11/2015Bank of America CorporationDowngradeBuy -> Neutral$16.00N/AView Rating Details
11/16/2015William BlairReiterated RatingMarket PerformN/AView Rating Details
(Data available from 7/21/2015 forward)

Earnings

Earnings History for Party City Holdco (NYSE:PRTY)
Earnings by Quarter for Party City Holdco (NYSE:PRTY)
Earnings History by Quarter for Party City Holdco (NYSE PRTY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.04$0.05$476.91 million$477.00 millionViewListenView Earnings Details
3/9/2017Q4 2016$0.74$0.76$758.24 million$749.00 millionViewListenView Earnings Details
11/10/2016Q316$0.13$0.12$589.84 million$557.00 millionViewN/AView Earnings Details
8/4/2016Q216$0.19$0.24$521.07 million$519.40 millionViewN/AView Earnings Details
5/12/2016Q116$0.03$0.04$471.71 million$458.00 millionViewListenView Earnings Details
3/10/2016Q415$0.75$0.76$784.38 million$782.00 millionViewListenView Earnings Details
11/12/2015Q315$0.12$0.10$572.57 million$555.00 millionViewListenView Earnings Details
8/13/2015Q215$0.12$0.12$507.90 million$495.50 millionViewListenView Earnings Details
5/14/2015Q115($0.09)($0.03)$433.00 million$462.10 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Party City Holdco (NYSE:PRTY)
Current Year EPS Consensus Estimate: $1.24 EPS
Next Year EPS Consensus Estimate: $1.42 EPS

Dividends

Dividend History for Party City Holdco (NYSE:PRTY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for Party City Holdco (NYSE:PRTY)
Insider Trades by Quarter for Party City Holdco (NYSE:PRTY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016James M HarrisonCEOBuy20,969$17.94$376,183.86View SEC Filing  
3/14/2016Norman S MatthewsDirectorBuy38,000$12.86$488,680.00View SEC Filing  
11/20/2015Gregg A MelnickPresidentBuy8,300$12.23$101,509.00View SEC Filing  
11/17/2015James M HarrisonCEOBuy10,000$12.62$126,200.00View SEC Filing  
11/17/2015Michael A CorrealeCFOBuy6,000$12.12$72,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Party City Holdco (NYSE:PRTY)
Latest Headlines for Party City Holdco (NYSE:PRTY)
Source:
DateHeadline
americanbankingnews.com logoHead-To-Head Analysis: Barnes & Noble Education (BNED) & Party City Holdco (NYSE:PRTY)
www.americanbankingnews.com - July 21 at 7:44 AM
seekingalpha.com logoParty City Invests In Punchbowl As Part Of Strategic Partnership
seekingalpha.com - July 20 at 6:25 AM
finance.yahoo.com logoParty City to Report Second Quarter 2017 Financial Results on August 2, 2017
finance.yahoo.com - July 20 at 6:25 AM
streetinsider.com logoParty City (PRTY) Announces Agreement with Punchbowl Inc. to Launch Digital Invitation Platform
www.streetinsider.com - July 18 at 7:31 AM
finance.yahoo.com logoParty City Builds Out Digital Initiatives
finance.yahoo.com - July 17 at 8:38 AM
americanbankingnews.com logo$550.79 Million in Sales Expected for Party City Holdco Inc. (NYSE:PRTY) This Quarter
www.americanbankingnews.com - July 13 at 9:18 AM
americanbankingnews.com logoParty City Holdco Inc. (NYSE:PRTY) Expected to Announce Earnings of $0.26 Per Share
www.americanbankingnews.com - July 11 at 8:24 PM
finance.yahoo.com logoETFs with exposure to Party City Holdco, Inc. : July 10, 2017
finance.yahoo.com - July 11 at 6:47 AM
americanbankingnews.com logoParty City Holdco Inc. (NYSE:PRTY) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 3 at 6:52 PM
seekingalpha.com logoThe Short Case For Party City
seekingalpha.com - July 2 at 7:41 PM
americanbankingnews.com logoParty City Holdco Inc. (NYSE:PRTY) Upgraded to Hold by BidaskClub
www.americanbankingnews.com - July 1 at 4:30 PM
finance.yahoo.com logoParty 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
finance.yahoo.com logoETFs with exposure to Party City Holdco, Inc. : June 26, 2017
finance.yahoo.com - June 27 at 7:28 AM
finance.yahoo.com logoParty City Holdco, Inc. :PRTY-US: Earnings Analysis: Q1, 2017 By the Numbers : June 23, 2017
finance.yahoo.com - June 23 at 8:03 PM
americanbankingnews.com logoParty City Holdco (PRTY) & West Marine (WMAR) Head to Head Comparison
www.americanbankingnews.com - June 23 at 6:26 PM
americanbankingnews.com logoHead to Head Comparison: Party City Holdco (PRTY) vs. Staples (SPLS)
www.americanbankingnews.com - June 23 at 11:13 AM
finance.yahoo.com logoParty City Holdco, Inc. – Value Analysis (NYSE:PRTY) : June 20, 2017
finance.yahoo.com - June 21 at 2:10 AM
finance.yahoo.com logoParty 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
americanbankingnews.com logoBidaskClub Downgrades Party City Holdco Inc. (PRTY) to Sell
www.americanbankingnews.com - June 17 at 4:12 PM
americanbankingnews.com logo$550.79 Million in Sales Expected for Party City Holdco Inc. (PRTY) This Quarter
www.americanbankingnews.com - June 17 at 8:00 AM
americanbankingnews.com logo$0.26 EPS Expected for Party City Holdco Inc. (PRTY) This Quarter
www.americanbankingnews.com - June 15 at 8:26 PM
finance.yahoo.com logoShould Value Investors Pick Party City (PRTY)?
finance.yahoo.com - June 8 at 8:12 PM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 6 at 6:40 PM
nasdaq.com logoParty City Holdco Breaks Above 200-Day Moving Average - Bullish for PRTY
www.nasdaq.com - May 23 at 6:47 PM
americanbankingnews.com logoZacks Investment Research Downgrades Party City Holdco Inc (PRTY) to Hold
www.americanbankingnews.com - May 13 at 7:26 AM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 12 at 4:04 PM
finance.yahoo.com logoEdited Transcript of PRTY earnings conference call or presentation 9-May-17 12:00pm GMT
finance.yahoo.com - May 10 at 11:29 AM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 10 at 7:28 AM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - May 9 at 5:52 PM
finance.yahoo.com logoParty City Announces First Quarter 2017 Results
finance.yahoo.com - May 9 at 11:00 AM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 9 at 8:52 AM
marketbeat.com logoParty City reports 1Q loss
marketbeat.com - May 9 at 8:15 AM
nasdaq.com logoNoteworthy Friday Option Activity: PRTY, TMUS, YRCW
www.nasdaq.com - May 6 at 7:12 PM
finance.yahoo.com logoCinco de Mayo Sales up at Party City
finance.yahoo.com - May 3 at 7:40 PM
americanbankingnews.com logoParty City Holdco (PRTY) Receiving Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - May 3 at 3:32 PM
bizjournals.com logoPrivate equity firm eyes Party City, stirring up sale talk
www.bizjournals.com - May 1 at 11:12 AM
americanbankingnews.com logoParty City Holdco (PRTY) Earns Daily News Impact Score of -0.09
www.americanbankingnews.com - April 30 at 9:46 AM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Expected to Announce Quarterly Sales of $473.99 Million
www.americanbankingnews.com - April 29 at 7:56 AM
finance.yahoo.com logoETFs with exposure to Party City Holdco, Inc. : April 27, 2017
finance.yahoo.com - April 28 at 8:16 AM
americanbankingnews.com logoZacks: Analysts Expect Party City Holdco Inc (PRTY) to Announce $0.04 EPS
www.americanbankingnews.com - April 28 at 12:48 AM
americanbankingnews.com logoParty City Holdco (PRTY) Getting Somewhat Critical News Coverage, Report Shows
www.americanbankingnews.com - April 26 at 11:14 AM
finance.yahoo.com logoParty City to Report First Quarter 2017 Financial Results on May 9, 2017
finance.yahoo.com - April 25 at 6:26 PM
americanbankingnews.com logoParty City Holdco (PRTY) Receives Daily Media Impact Rating of -0.08
www.americanbankingnews.com - April 23 at 3:36 PM
nasdaq.com logoCommit To Buy Party City Holdco At $12.50, Earn 12% Annualized Using Options
www.nasdaq.com - April 22 at 12:11 PM
americanbankingnews.com logoParty City Holdco (PRTY) Given Media Impact Score of 0.05
www.americanbankingnews.com - April 21 at 12:33 AM
finance.yahoo.com logoParty 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
americanbankingnews.com logoParty City Holdco Inc (PRTY) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 17 at 6:58 PM
americanbankingnews.com logoParty City Holdco (PRTY) Earning Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 14 at 11:29 PM
americanbankingnews.com logoParty City Holdco Inc (PRTY) Lifted to "C-" at TheStreet
www.americanbankingnews.com - April 13 at 4:26 PM
finance.yahoo.com logoETFs with exposure to Party City Holdco, Inc. : April 10, 2017
finance.yahoo.com - April 10 at 6:53 PM

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Chart

Party City Holdco (PRTY) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff