Stocks of SeaWorld Entertainment Inc. (NYSE:SEAS) traded higher last session on Wall Street, up 1.83% to $55.10.
According to the data, SeaWorld Entertainment Inc. (NYSE:SEAS) has 12 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $84.00 and a low of $57.00, we find $67.50. Given the previous closing price of $54.11, this indicates a potential upside of 24.75 percent. SEAS stock price is now -1.17% away from the 50-day moving average and -3.50% away from the 200-day moving average. The market capitalization of the company currently stands at $3.58B.
A total of 3 analysts have issued a hold rating and 8 have given it a buy rating. Brokers who have rated the stock have averaged $70.80 as their price target over the next twelve months.
With the price target reduced from $75 to $66, Goldman maintained Buy rating for SeaWorld Entertainment Inc. (NYSE: SEAS).
In other news, Miller Kyle Robert, insider sold 1,000 shares of the company’s stock on Jul 14. The stock was sold for $55,120 at an average price of $55.12. Upon completion of the transaction, the insider now directly owns 30,709 shares in the company, valued at $1.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 15, Chief Executive Officer Swanson Marc sold 4,000 shares of the business’s stock. A total of $237,240 was realized by selling the stock at an average price of $59.31. This leaves the insider owning 156,537 shares of the company worth $8.63 million. Insiders disposed of 203,781 shares of company stock worth roughly $11.23 million over the past 1 year. A total of 1.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SEAS stock. A new stake in SeaWorld Entertainment Inc. shares was purchased by WARATAH CAPITAL ADVISORS LTD. during the first quarter worth $88,137,000. JUNTO CAPITAL MANAGEMENT LP invested $13,931,000 in shares of SEAS during the first quarter. In the first quarter, NATIONAL BANK OF CANADA /FI/ acquired a new stake in SeaWorld Entertainment Inc. valued at approximately $12,673,000. INTERVAL PARTNERS, LP acquired a new stake in SEAS for approximately $11,010,000. GREAT LAKES ADVISORS, LLC purchased a new stake in SEAS valued at around $10,503,000 in the second quarter. In total, there are 314 active investors with 111.99% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $53.84 for SeaWorld Entertainment Inc. (NYSE: SEAS). During the past 12 months, SeaWorld Entertainment Inc. has had a low of $44.38 and a high of $68.19. According to the stock market information, the enterprise value for the company is $5.68B, which is based on a 13.42 price-to-earnings ratio, a 0.79 price-to-earnings-growth ratio, and a beta of 1.90. The fifty day moving average price for SEAS is $55.72 and a two-hundred day moving average price translates $57.13 for the stock.
The latest earnings results from SeaWorld Entertainment Inc. (NYSE: SEAS) was released for Mar, 2023. According to the Leisure Company, earnings per share came in at -$0.26, missing analysts’ expectations of -$0.16 by -0.1. This compares to -$0.12 EPS in the same period last year. The net profit margin was 16.20% and return on equity was -66.20% for SEAS. The company reported revenue of $293.35 million for the quarter, compared to $270.69 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.37 percent. For the current quarter, analysts expect SEAS to generate $518.25M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/07/2016. Investors who held shares on 09/29/2016 were paid a $0.10 dividend.
SeaWorld Entertainment Inc.(SEAS) Company Profile
SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. It 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. The company also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Chula Vista, California; Tampa, Florida; and Williamsburg, Virginia. In addition, it operates a reservations-only theme park in Orlando, Florida and a park in Langhorne, Pennsylvania. The company 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.
