Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.02, FiscalAI reports. The firm had revenue of $251.53 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 7.63% and a net margin of 9.59%.
Here are the key takeaways from Pursuit Attractions and Hospitality’s conference call:
- Positive sentiment: Pursuit reported record third-quarter revenue of $251.5 million, up 4.4% year over year, and Adjusted EBITDA of $125.5 million, up 7%. Excluding Eagle Wing Tours and the divested Flyover business, revenue grew about 6%; same-store attraction ticket revenue rose 6% despite smoke-related weather disruptions.
- Positive sentiment: The company reaffirmed its 2026 Adjusted EBITDA midpoint of $133 million, representing 14% growth, and narrowed its guidance range to $130 million–$136 million. Management said early 2027 bookings are ahead of last year, while noting that formal 2027 guidance will come next quarter.
- Neutral sentiment: Pursuit expects growth in its core business to more than offset the roughly $7 million of 2026 Adjusted EBITDA Flyover contributed before its July sale. It expects a net benefit from organic growth projects in 2027, but the Jasper SkyTram is expected to be offline during construction, with reopening targeted for 2029.
- Positive sentiment: Pursuit ended the quarter with approximately $293 million of liquidity and net leverage below 1x, giving it capacity to pursue organic projects, acquisitions, and share repurchases. Management said its acquisition pipeline remains robust and cited strong performance from Eagle Wing Tours and Tabacón.
- Positive sentiment: Same-store hospitality room revenue increased 7%, supported by higher rates and improved occupancy, and management reported strong September and October demand. The company also expects its new pursuit.com platform, planned to launch later this year, to support direct bookings and cross-selling.
Pursuit Attractions and Hospitality Stock Performance
NYSE:PRSU traded up $0.50 during mid-day trading on Friday, reaching $54.54. 332,244 shares of the stock were exchanged, compared to its average volume of 253,975. The company has a 50 day simple moving average of $51.58 and a 200-day simple moving average of $45.37. The stock has a market capitalization of $1.49 billion, a P/E ratio of 32.47, a P/E/G ratio of 2.10 and a beta of 1.46. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. Pursuit Attractions and Hospitality has a 1 year low of $32.03 and a 1 year high of $58.62.
Analysts Set New Price Targets
Several brokerages have recently weighed in on PRSU. Citizens Jmp assumed coverage on shares of Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They set a “market outperform” rating and a $64.00 price objective for the company. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group initiated coverage on shares of Pursuit Attractions and Hospitality in a research report on Wednesday, September 9th. They issued a “buy” rating and a $61.00 target price on the stock. Oppenheimer lifted their price target on shares of Pursuit Attractions and Hospitality from $58.00 to $65.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Citigroup began coverage on shares of Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They issued an “outperform” rating for the company. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Pursuit Attractions and Hospitality has an average rating of “Moderate Buy” and a consensus target price of $58.50.
Read Our Latest Analysis on PRSU
Institutional Investors Weigh In On Pursuit Attractions and Hospitality
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System purchased a new stake in Pursuit Attractions and Hospitality in the 3rd quarter valued at $219,000. CenterBook Partners LP purchased a new position in Pursuit Attractions and Hospitality during the 3rd quarter worth $400,000. Bridge City Capital LLC grew its position in Pursuit Attractions and Hospitality by 40.2% during the 3rd quarter. Bridge City Capital LLC now owns 6,065 shares of the company’s stock worth $302,000 after purchasing an additional 1,740 shares during the last quarter. State of Wyoming acquired a new position in Pursuit Attractions and Hospitality in the third quarter valued at $200,000. Finally, Fortitude Family Office LLC acquired a new position in Pursuit Attractions and Hospitality in the third quarter valued at $55,000. Hedge funds and other 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 destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.
The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.
See Also
- Five stocks we like better than Pursuit Attractions and Hospitality
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Pursuit Attractions and Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pursuit Attractions and Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.
