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 Performance

NYSE:SEAS opened at $52.85 on Wednesday. The stock has a 50-day simple moving average of $46.97 and a 200 day simple moving average of $58.58. The company has a market cap of $3.84 billion, a PE ratio of 14.28 and a beta of 2.09. 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 posted its quarterly earnings results on Thursday, August 4th. The company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.02. The firm had revenue of $504.80 million during the quarter, compared to the consensus estimate of $504.35 million. SeaWorld Entertainment had a negative return on equity of 562.22% and a net margin of 16.87%. The business's revenue was up 14.8% compared to the same quarter last year. During the same period last year, the company earned $1.59 earnings per share. On average, research analysts predict that SeaWorld Entertainment will post 4.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stifel Nicolaus reduced their target price on SeaWorld Entertainment from $94.00 to $66.00 in a report on Wednesday, July 20th. StockNews.com lowered SeaWorld Entertainment from a "buy" rating to a "hold" rating in a report on Friday, July 8th. KeyCorp lowered SeaWorld Entertainment to a "sector weight" rating in a report on Tuesday, July 19th. Rosenblatt Securities initiated coverage on SeaWorld Entertainment in a report on Monday, April 25th. They set a "buy" rating and a $92.00 price target for the company. Finally, Citigroup lowered their price objective on SeaWorld Entertainment from $62.00 to $52.00 and set a "neutral" rating on the stock in a research report on Friday, July 8th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $76.00.

Insider Activity

In other news, CEO Marc Swanson sold 4,000 shares of the firm'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 completion of the sale, the chief executive officer now directly 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 accessible through this link. Insiders own 1.00% of the company's stock.