SeaWorld Entertainment - SEAS Stock Forecast, Price & News

SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. It also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Chula Vista, California; Tampa, Florida; and Williamsburg, Virginia. In addition, the company operates a reservations-only theme park in Orlando, Florida and a park in Langhorne, Pennsylvania. It operates a portfolio of twelve theme parks under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brands. The company was formerly known as SW Holdco, Inc. and changed its name to SeaWorld Entertainment, Inc. in December 2012. SeaWorld Entertainment, Inc. was founded in 1959 and is headquartered in Orlando, Florida.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on SEAS shares. B. Riley boosted their target price on shares of SeaWorld Entertainment from $76.00 to $79.00 in a research note on Friday, August 5th. KeyCorp downgraded SeaWorld Entertainment to a "sector weight" rating in a report on Tuesday, July 19th. Credit Suisse Group lifted their price objective on SeaWorld Entertainment to $97.00 in a report on Tuesday, August 9th. Rosenblatt Securities cut their price objective on shares of SeaWorld Entertainment from $92.00 to $69.00 and set a "buy" rating on the stock in a research report on Friday. Finally, StockNews.com lowered shares of SeaWorld Entertainment from a "buy" rating to a "hold" rating in a research note on Friday, July 8th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $73.44.

SeaWorld Entertainment Stock Down 0.5 %

SEAS opened at $53.99 on Tuesday. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 14.59 and a beta of 2.09. SeaWorld Entertainment has a 52-week low of $40.01 and a 52-week high of $76.57. The firm's fifty day simple moving average is $46.95 and its two-hundred day simple moving average is $58.46.

SeaWorld Entertainment (NYSE:SEAS - Get Rating) last posted its quarterly earnings data on Thursday, August 4th. The company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.03. The business had revenue of $504.80 million for the quarter, compared to the consensus estimate of $504.35 million. SeaWorld Entertainment had a net margin of 16.87% and a negative return on equity of 227.46%. The company's revenue was up 14.8% compared to the same quarter last year. During the same period last year, the firm posted $1.59 earnings per share. On average, research analysts forecast that SeaWorld Entertainment will post 4.13 EPS for the current year.

Insider Buying and Selling at SeaWorld Entertainment

In other news, insider Daniel C. Mayer sold 2,000 shares of the stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $54.90, for a total value of $109,800.00. Following the completion of the sale, the insider now directly owns 11,038 shares in the company, valued at $605,986.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Daniel C. Mayer sold 2,000 shares of the stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $54.90, for a total value of $109,800.00. Following the completion of the sale, the insider now directly owns 11,038 shares in the company, valued at $605,986.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Marc Swanson sold 4,000 shares of the stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $41.07, for a total transaction of $164,280.00. Following the completion of the sale, the chief executive officer now owns 174,129 shares of the company's stock, valued at $7,151,478.03. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.