The stock of Park Hotels & Resorts Inc (NYSE:PK) last traded at $10.02, down -0.50% from the previous session.
PK stock price is now -1.80% away from the 50-day moving average and -21.92% away from the 200-day moving average. The market capitalization of the company currently stands at $2.00B.
With the price target maintained at $11, Truist recently Downgraded its rating from Buy to Hold for Park Hotels & Resorts Inc (NYSE: PK). On May 16, 2025, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock keeping its target price maintained at $13, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, ECKERT THOMAS D, Director bought 20,000 shares of the company’s stock on Mar 04 ’25. The stock was bought for $235,000 at an average price of $11.75. Upon completion of the transaction, the Director now directly owns 157,478 shares in the company, valued at $1.58 million. A total of 2.88% of the company’s stock is owned by insiders.
During the past 12 months, Park Hotels & Resorts Inc has had a low of $8.27 and a high of $15.79. As of last week, the company has a debt-to-equity ratio of 1.37, a current ratio of 2.64, and a quick ratio of 2.64.
The net profit margin was 4.86% and return on equity was 3.46% for PK. The company reported revenue of $630.0 million for the quarter, compared to $639.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.41 percent.
