Party City Holdco (PRTY) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Party City Holdco in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PRTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRTY, but not buy additional shares or sell existing shares.
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1 brokerages have issued 12-month price objectives for Party City Holdco's shares. Their PRTY share price forecasts range from $1.25 to $1.25. On average, they expect the company's stock price to reach $1.25 in the next twelve months.
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Party City Holdco Inc. (NYSE:PRTY) issued its quarterly earnings results on Monday, November, 8th. The specialty retailer reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. The specialty retailer earned $510.20 million during the quarter, compared to analysts' expectations of $513.90 million. Party City Holdco had a negative trailing twelve-month return on equity of 236.92% and a negative net margin of 11.90%. During the same period in the previous year, the firm posted $0.10 EPS.

133 employees have rated Party City Holdco Chief Executive Officer Jim Harrison on Glassdoor.com. Jim Harrison has an approval rating of 51% among the company's employees. This puts Jim Harrison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Party City Holdco investors own include Coty (COTY), Carnival Co. & (CCL), Bank of America (BAC), Designer Brands (DBI), Sorrento Therapeutics (SRNE), Invesco Mortgage Capital (IVR), American Airlines Group (AAL), Energy Transfer (ET), Exxon Mobil (XOM) and ADMA Biologics (ADMA).

(PRTY) raised $350 million in an initial public offering (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.

Party City Holdco trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRTY."

Party City Holdco (NYSE:PRTY) has a market capitalization of $0.00 and generates $2.17 billion in revenue each year. The specialty retailer earns $-6,530,000.00 in net income (profit) each year or ($2.28) on an earnings per share basis.

The company employs 16,500 workers across the globe.

Party City Holdco's mailing address is 80 GRASSLANDS ROAD, ELMSFORD NY, 10523. The official website for the company is www.partycity.com. The specialty retailer can be reached via phone at (914) 345-2020, via email at investorrelations@partycity.com, or via fax at 302-655-5049.