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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Miscellaneous retail
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNYSE:PRTY
CUSIPN/A
Phone914-345-2020
Debt
Debt-to-Equity Ratio1.54
Current Ratio1.27
Quick Ratio0.36
Price-To-Earnings
Trailing P/E Ratio11.88
Forward P/E Ratio7.79
P/E Growth0.36
Sales & Book Value
Annual Sales$2.37 billion
Price / Sales0.58
Cash Flow$1.9494 per share
Price / Cash7.31
Book Value$8.12 per share
Price / Book1.75
Profitability
EPS (Most Recent Fiscal Year)$1.20
Net Income$215.34 million
Net Margins9.20%
Return on Equity15.36%
Return on Assets4.39%
Miscellaneous
Employees19,800
Outstanding Shares96,480,000
Market Cap$1.38 billion
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 approved a share buyback plan on Saturday, November 11th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication 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 data on Thursday, August, 9th. The specialty retailer reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The specialty retailer had revenue of $561 million for the quarter, compared to analysts' expectations of $560.95 million. Party City Holdco had a return on equity of 15.36% and a net margin of 9.20%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 EPS. 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 Thursday, August, 9th. The company provided earnings per share (EPS) guidance of $1.76-1.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.84. The company issued revenue guidance of $2.44-2.49 billion, compared to the consensus revenue estimate of $2.48 billion.
What price target have analysts set for PRTY?
6 brokerages have issued 1-year target prices for Party City Holdco's shares. Their forecasts 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. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Price Targets for Party City Holdco.
What is the consensus analysts' recommendation for Party City Holdco?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Party City Holdco in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 FirstCash (FCFS), Suburban Propane Partners (SPH), Winmark (WINA), EZCORP (EZPW), Zagg (ZAGG), Ferrellgas Partners (FGP), 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:
- Mr. James M. Harrison, CEO & Director (Age 66)
- Mr. Daniel J. Sullivan, Chief Financial Officer (Age 49)
- Mr. Michael A. Correale, Chief Accounting Officer (Age 60)
- Mr. Ryan T. Vero, Pres of Retail (Age 48)
- Mr. Gerald C. Rittenberg, Non-Employee Sr. Adviser & Director (Age 66)
When did Party City Holdco IPO?
(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.
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 Lee Thomas H Partners LP (47.40%), Jennison Associates LLC (3.61%), BlackRock Inc. (2.55%), Nantahala Capital Management LLC (2.22%), Laurion Capital Management LP (1.87%) and FMR LLC (1.78%). 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 and Ryan T Vero. View Institutional Ownership Trends for Party City Holdco.
Which major investors are selling Party City Holdco stock?
PRTY stock was sold by a variety of institutional investors in the last quarter, including Lee Thomas H Partners LP, Millennium Management LLC, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Peregrine Capital Management LLC, Federated Investors Inc. PA, SG Americas Securities LLC and Eqis Capital Management Inc.. Company insiders that have sold Party City Holdco company stock in the last year include Gerald C Rittenberg, H Lee Equity Fund Vi Thomas, International Corp/Ma Advent and Jefferson M Case. View Insider Buying and Selling for Party City Holdco.
Which major investors are buying Party City Holdco stock?
PRTY stock was purchased by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Copper Rock Capital Partners LLC, Jennison Associates LLC, Hodges Capital Management Inc., Voya Investment Management LLC, Jane Street Group LLC, BlackRock Inc. and Bank of America Corp DE. Company insiders that have bought Party City Holdco stock in the last two years include James M Harrison, Michael A Correale and Ryan T Vero. 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 $14.25.
How big of a company is Party City Holdco?
Party City Holdco has a market capitalization of $1.38 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?
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)
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.
