SeaWorld Entertainment (SEAS) Hits New 1-Year High and Low at $21.35

SeaWorld Entertainment Inc (NYSE:SEAS) reached a new 52-week high and low on Thursday . The company traded as low as $21.35 and last traded at $20.93, with a volume of 167720 shares traded. The stock had previously closed at $20.99.

A number of equities research analysts recently weighed in on the stock. Citigroup lowered shares of SeaWorld Entertainment from a “neutral” rating to a “sell” rating and set a $15.00 target price on the stock. in a report on Tuesday. Stifel Nicolaus upped their target price on shares of SeaWorld Entertainment from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, June 7th. ValuEngine upgraded shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating in a report on Wednesday, June 6th. Zacks Investment Research lowered shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a report on Friday, May 11th. Finally, B. Riley upped their target price on shares of SeaWorld Entertainment from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Wednesday, May 9th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $16.10.

The company has a current ratio of 0.39, a quick ratio of 0.30 and a debt-to-equity ratio of 6.30. The stock has a market capitalization of $1.86 billion, a PE ratio of 98.76 and a beta of 0.82.

SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings data on Tuesday, May 8th. The company reported ($0.73) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.76) by $0.03. SeaWorld Entertainment had a negative net margin of 15.77% and a positive return on equity of 30.89%. The business had revenue of $217.20 million during the quarter, compared to the consensus estimate of $198.46 million. During the same period in the prior year, the firm posted ($0.72) EPS. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. equities analysts predict that SeaWorld Entertainment Inc will post 0.44 EPS for the current year.

In other news, insider John T. Reilly sold 11,000 shares of the stock in a transaction that occurred on Tuesday, May 8th. The shares were sold at an average price of $18.25, for a total transaction of $200,750.00. Following the completion of the transaction, the insider now directly owns 156,789 shares of the company’s stock, valued at approximately $2,861,399.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jack Roddy sold 9,714 shares of the stock in a transaction that occurred on Tuesday, June 5th. The shares were sold at an average price of $18.52, for a total transaction of $179,903.28. Following the transaction, the insider now directly owns 184,863 shares of the company’s stock, valued at $3,423,662.76. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in SEAS. Equitec Proprietary Markets LLC bought a new position in shares of SeaWorld Entertainment during the 1st quarter valued at approximately $130,000. Cubist Systematic Strategies LLC grew its position in shares of SeaWorld Entertainment by 99.2% during the 1st quarter. Cubist Systematic Strategies LLC now owns 10,200 shares of the company’s stock valued at $151,000 after acquiring an additional 5,080 shares during the period. Stifel Financial Corp bought a new position in shares of SeaWorld Entertainment during the 1st quarter valued at approximately $176,000. BlueCrest Capital Management Ltd bought a new position in shares of SeaWorld Entertainment during the 4th quarter valued at approximately $208,000. Finally, MANA Advisors LLC bought a new position in shares of SeaWorld Entertainment during the 4th quarter valued at approximately $223,000.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.

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