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

Several brokerages have recently commented on SEAS. Rosenblatt Securities reduced their price objective on shares of SeaWorld Entertainment from $92.00 to $69.00 and set a "buy" rating for the company in a research report on Friday. Citigroup cut their price objective on SeaWorld Entertainment from $62.00 to $52.00 and set a "neutral" rating for the company in a report on Friday, July 8th. KeyCorp lowered SeaWorld Entertainment to a "sector weight" rating in a research note on Tuesday, July 19th. Stifel Nicolaus lowered their price objective on SeaWorld Entertainment from $94.00 to $66.00 in a research report on Wednesday, July 20th. Finally, B. Riley boosted their price objective on SeaWorld Entertainment from $76.00 to $79.00 in a research report on Friday, August 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $73.44.

SeaWorld Entertainment Stock Performance

NYSE:SEAS traded up $1.55 on Friday, reaching $54.24. 800,873 shares of the stock traded hands, compared to its average volume of 1,068,775. The company has a fifty day moving average price of $46.95 and a 200-day moving average price of $58.48. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 14.66 and a beta of 2.09. SeaWorld Entertainment has a 12 month low of $40.01 and a 12 month high of $76.57.

SeaWorld Entertainment (NYSE:SEAS - Get Rating) last announced its earnings results on Thursday, August 4th. The company reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.03. SeaWorld Entertainment had a negative return on equity of 227.46% and a net margin of 16.87%. The firm had revenue of $504.80 million for the quarter, compared to the consensus estimate of $504.35 million. During the same period in the previous year, the business earned $1.59 EPS. The firm's revenue for the quarter was up 14.8% on a year-over-year basis. As a group, research analysts anticipate that SeaWorld Entertainment will post 4.13 earnings per share for the current fiscal year.

Insider Transactions at SeaWorld Entertainment

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