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.

SeaWorld Entertainment Stock Down 1.4 %

SEAS Stock traded down $0.74 during trading on Monday, hitting $53.50. The company had a trading volume of 846 shares, compared to its average volume of 1,184,498. The firm has a market capitalization of $3.62 billion, a P/E ratio of 14.66 and a beta of 2.09. The company has a 50 day simple moving average of $46.95 and a 200-day simple moving average of $58.49. SeaWorld Entertainment has a 52-week low of $40.01 and a 52-week high of $76.57.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SEAS shares. KeyCorp cut SeaWorld Entertainment to a "sector weight" rating in a report on Tuesday, July 19th. B. Riley boosted their target price on shares of SeaWorld Entertainment from $76.00 to $79.00 in a research report on Friday, August 5th. Credit Suisse Group upped their target price on shares of SeaWorld Entertainment to $97.00 in a research note on Tuesday, August 9th. StockNews.com lowered shares of SeaWorld Entertainment from a "buy" rating to a "hold" rating in a research report on Friday, July 8th. Finally, Stifel Nicolaus lowered their target price on shares of SeaWorld Entertainment from $94.00 to $66.00 in a research note on Wednesday, July 20th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $73.44.

Insider Buying and Selling

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