Party City Holdco Company Profile (NYSE:PRTY)

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

Party City Holdco Inc. (NYSE:PRTY) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $477 million for the quarter, compared to the consensus estimate of $476.91 million. Party City Holdco had a net margin of 4.92% and a return on equity of 13.81%. Party City Holdco's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 EPS. View Party City Holdco's Earnings History.

Party City Holdco updated its FY17 earnings guidance on Tuesday, May, 9th. The company provided 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.

6 brokerages have issued twelve-month price objectives for Party City Holdco's stock. Their forecasts range from $16.00 to $20.00. On average, they anticipate Party City Holdco's share price to reach $18.00 in the next year. View Analyst Ratings for Party City Holdco.

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)

Some companies that are related to Party City Holdco include Sally Beauty Holdings (SBH), Ollie's Bargain Outlet Holdings (OLLI), Stamps.com (STMP), Rent-A-Center (RCII), Barnes & Noble Education (BNED), West Marine (WMAR), Container Store (The) (TCS), Gaia (GAIA), EVINE Live (EVLV) and Dover Saddlery (DOVR).

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

(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.

Party City Holdco's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.02%), Adams Diversified Equity Fund Inc. (0.06%) 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.

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

Party City Holdco's stock was acquired 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.

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.

One share of Party City Holdco stock can currently be purchased for approximately $14.40.