SeaWorld Entertainment Inc (NYSE:SEAS)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $35.26 and last traded at $35.26, with a volume of 19620 shares changing hands. The stock had previously closed at $34.56.
Several equities analysts have weighed in on SEAS shares. Zacks Investment Research cut SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research note on Saturday, January 11th. ValuEngine raised SeaWorld Entertainment from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Goldman Sachs Group set a $37.00 target price on SeaWorld Entertainment and gave the company a “buy” rating in a research note on Wednesday, October 9th. B. Riley reaffirmed a “buy” rating and set a $42.00 target price on shares of SeaWorld Entertainment in a research note on Friday, January 3rd. Finally, Stifel Nicolaus set a $37.00 target price on SeaWorld Entertainment and gave the company a “buy” rating in a research note on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $32.56.
The company has a debt-to-equity ratio of 6.95, a quick ratio of 0.34 and a current ratio of 0.44. The company has a 50 day simple moving average of $31.84 and a two-hundred day simple moving average of $30.03. The company has a market cap of $2.73 billion, a PE ratio of 34.57, a PEG ratio of 2.70 and a beta of 1.26.
SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings results on Thursday, November 7th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.39 by ($0.15). The firm had revenue of $473.70 million for the quarter, compared to analyst estimates of $488.84 million. SeaWorld Entertainment had a net margin of 7.43% and a return on equity of 52.78%. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.10 earnings per share. As a group, analysts expect that SeaWorld Entertainment Inc will post 1.45 earnings per share for the current fiscal year.
In other news, insider George Anthony Taylor sold 6,817 shares of SeaWorld Entertainment stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $29.65, for a total transaction of $202,124.05. 0.90% of the stock is owned by insiders.
Several institutional investors have recently made changes to their positions in SEAS. United Services Automobile Association lifted its holdings in SeaWorld Entertainment by 2.0% in the 2nd quarter. United Services Automobile Association now owns 18,447 shares of the company’s stock worth $572,000 after purchasing an additional 362 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in SeaWorld Entertainment by 1.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 26,477 shares of the company’s stock worth $697,000 after purchasing an additional 385 shares during the last quarter. Massey Quick Simon & CO. LLC acquired a new stake in SeaWorld Entertainment in the 3rd quarter worth approximately $25,000. LPL Financial LLC lifted its holdings in SeaWorld Entertainment by 15.5% in the 2nd quarter. LPL Financial LLC now owns 10,368 shares of the company’s stock worth $321,000 after purchasing an additional 1,393 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in SeaWorld Entertainment by 11.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 25,940 shares of the company’s stock worth $773,000 after purchasing an additional 2,618 shares during the last quarter.
SeaWorld Entertainment Company Profile (NYSE:SEAS)
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.
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