NYSE:PRTY - Party City Holdco Stock Price, News, & Analysis

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$11.47 +0.25 (+2.23 %)
(As of 11/15/2018 01:02 AM ET)
Previous Close$11.22
Today's Range$11.28 - $11.76
52-Week Range$8.24 - $16.95
Volume3.55 million shs
Average Volume1.18 million shs
Market Capitalization$1.04 billion
P/E Ratio9.56
Dividend YieldN/A
Beta2.19
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Miscellaneous retail
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNYSE:PRTY
Previous Symbol
CUSIPN/A
Phone914-345-2020

Debt

Debt-to-Equity Ratio1.63
Current Ratio1.30
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio9.56
Forward P/E Ratio7.17
P/E Growth0.33

Sales & Book Value

Annual Sales$2.37 billion
Price / Sales0.47
Cash Flow$2.1007 per share
Price / Cash5.46
Book Value$10.24 per share
Price / Book1.12

Profitability

EPS (Most Recent Fiscal Year)$1.20
Net Income$215.34 million
Net Margins8.70%
Return on Equity14.86%
Return on Assets4.11%

Miscellaneous

Employees19,800
Outstanding Shares97,180,000
Market Cap$1.04 billion
OptionableOptionable

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 announced that its board has approved a stock repurchase plan on Saturday, November 11th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Party City Holdco's earnings last quarter?

Party City Holdco Inc (NYSE:PRTY) posted its quarterly earnings results on Thursday, November, 8th. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.09. The specialty retailer had revenue of $553 million for the quarter, compared to analyst estimates of $591.77 million. Party City Holdco had a return on equity of 14.86% and a net margin of 8.70%. The business's revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 EPS. View Party City Holdco's Earnings History.

When is Party City Holdco's next earnings date?

Party City Holdco is scheduled to release their next quarterly earnings announcement on Friday, March 8th 2019. View Earnings Estimates for Party City Holdco.

What guidance has Party City Holdco issued on next quarter's earnings?

Party City Holdco issued an update on its FY18 earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $1.60-1.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.83. The company issued revenue guidance of $2.43-2.46 billion, compared to the consensus revenue estimate of $2.48 billion.Party City Holdco also updated its FY 2018 guidance to $1.60-1.65 EPS.

What price target have analysts set for PRTY?

9 brokerages have issued 12 month price objectives for Party City Holdco's shares. Their predictions range from $12.00 to $23.00. On average, they anticipate Party City Holdco's share price to reach $17.3333 in the next twelve months. This suggests a possible upside of 51.1% from the stock's current price. View Analyst Price Targets for Party City Holdco.

What is the consensus analysts' recommendation for Party City Holdco?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Party City Holdco in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Party City Holdco.

Has Party City Holdco been receiving favorable news coverage?

Media coverage about PRTY stock has been trending somewhat negative this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Party City Holdco earned a news impact score of -1.2 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the immediate future.

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:
  • 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 many different of retail and institutional investors. Top institutional investors include Thomas H Lee Partners LP (37.02%), BlackRock Inc. (4.23%), Jennison Associates LLC (4.20%), Bamco Inc. NY (3.70%), FMR LLC (2.71%) and Copper Rock Capital Partners LLC (1.75%). 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, Michael Peter Harrison, Norman S Matthews and Ryan T Vero. View Institutional Ownership Trends for Party City Holdco.

Which institutional investors are selling Party City Holdco stock?

PRTY stock was sold by a variety of institutional investors in the last quarter, including Thomas H Lee Partners LP, Laurion Capital Management LP, Jane Street Group LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc. and Engineers Gate Manager LP. 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 institutional investors are buying Party City Holdco stock?

PRTY stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Jennison Associates LLC, Peregrine Capital Management LLC, Rubric Capital Management LP, Bridgeway Capital Management Inc., Rice Hall James & Associates LLC and Copper Rock Capital Partners LLC. Company insiders that have bought Party City Holdco stock in the last two years include James M Harrison, Michael A Correale, Michael Peter Harrison, Norman S Matthews 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 $11.47.

How big of a company is Party City Holdco?

Party City Holdco has a market capitalization of $1.04 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?

The official website for Party City Holdco is http://www.partycity.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  533
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.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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