Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Price Up 7.7% – Time to Buy?

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) rose 7.7% during mid-day trading on Wednesday . The stock traded as high as $35.65 and last traded at $35.5850. Approximately 113,065 shares were traded during trading, a decline of 52% from the average daily volume of 235,948 shares. The stock had previously closed at $33.04.

Wall Street Analyst Weigh In

PRSU has been the topic of several research reports. Oppenheimer reaffirmed an “outperform” rating and issued a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 11th. Wall Street Zen upgraded Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Monday, December 29th. Finally, Stifel Nicolaus upped their price target on shares of Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $34.00.

Pursuit Attractions and Hospitality Trading Down 1.6%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 1.09. The stock has a market capitalization of $996.21 million, a P/E ratio of 2.82, a price-to-earnings-growth ratio of 1.84 and a beta of 1.46. The firm’s fifty day simple moving average is $34.26 and its 200 day simple moving average is $34.44.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $241.02 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 82.54% and a return on equity of 17.61%. As a group, equities research analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current fiscal year.

Insider Activity at Pursuit Attractions and Hospitality

In related news, CEO David W. Barry acquired 755 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average cost of $33.39 per share, for a total transaction of $25,209.45. Following the transaction, the chief executive officer directly owned 110,430 shares in the company, valued at $3,687,257.70. This trade represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.71% of the company’s stock.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Several large investors have recently modified their holdings of PRSU. Illinois Municipal Retirement Fund raised its position in Pursuit Attractions and Hospitality by 4.1% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 11,535 shares of the company’s stock worth $417,000 after purchasing an additional 456 shares during the last quarter. CenterBook Partners LP boosted its position in Pursuit Attractions and Hospitality by 3.8% during the third quarter. CenterBook Partners LP now owns 16,546 shares of the company’s stock valued at $599,000 after acquiring an additional 602 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Pursuit Attractions and Hospitality by 803.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock worth $28,000 after acquiring an additional 691 shares during the period. Larson Financial Group LLC raised its position in shares of Pursuit Attractions and Hospitality by 4,831.3% in the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after acquiring an additional 773 shares in the last quarter. Finally, SkyView Investment Advisors LLC lifted its stake in shares of Pursuit Attractions and Hospitality by 3.3% in the 2nd quarter. SkyView Investment Advisors LLC now owns 24,157 shares of the company’s stock valued at $698,000 after purchasing an additional 783 shares during the period. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.