Equities analysts predict that SeaWorld Entertainment Inc (NYSE:SEAS) will report earnings of ($0.18) per share for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for SeaWorld Entertainment’s earnings. The lowest EPS estimate is ($0.22) and the highest is ($0.10). SeaWorld Entertainment posted earnings per share of ($0.14) during the same quarter last year, which indicates a negative year over year growth rate of 28.6%. The firm is scheduled to announce its next earnings results before the market opens on Tuesday, February 27th.
On average, analysts expect that SeaWorld Entertainment will report full-year earnings of ($2.31) per share for the current fiscal year, with EPS estimates ranging from ($2.33) to ($2.26). For the next fiscal year, analysts anticipate that the firm will report earnings of $0.27 per share, with EPS estimates ranging from $0.15 to $0.51. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover SeaWorld Entertainment.
A number of research firms recently weighed in on SEAS. ValuEngine cut shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of SeaWorld Entertainment from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. BidaskClub raised shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research report on Friday, November 10th. B. Riley reaffirmed a “hold” rating and set a $14.00 price objective on shares of SeaWorld Entertainment in a research report on Friday, December 8th. Finally, Stifel Nicolaus lowered their price objective on shares of SeaWorld Entertainment from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. SeaWorld Entertainment currently has an average rating of “Hold” and a consensus target price of $14.90.
A number of hedge funds have recently modified their holdings of the business. Hill Path Capital LP boosted its position in SeaWorld Entertainment by 12.9% in the 3rd quarter. Hill Path Capital LP now owns 13,581,406 shares of the company’s stock valued at $176,422,000 after buying an additional 1,556,869 shares during the period. Vanguard Group Inc. boosted its position in SeaWorld Entertainment by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 5,552,907 shares of the company’s stock valued at $90,345,000 after buying an additional 197,177 shares during the period. BlackRock Inc. boosted its position in SeaWorld Entertainment by 0.6% in the 4th quarter. BlackRock Inc. now owns 4,181,259 shares of the company’s stock valued at $56,740,000 after buying an additional 26,596 shares during the period. Sterling Capital Management LLC boosted its position in SeaWorld Entertainment by 19.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,577,455 shares of the company’s stock valued at $48,546,000 after buying an additional 576,620 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its position in SeaWorld Entertainment by 7.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 3,000,000 shares of the company’s stock valued at $38,970,000 after buying an additional 200,000 shares during the period. 88.02% of the stock is owned by institutional investors.
Shares of SeaWorld Entertainment (NYSE:SEAS) opened at $15.31 on Thursday. The stock has a market cap of $1,390.91, a P/E ratio of -6.74 and a beta of 0.84. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04. SeaWorld Entertainment has a 1-year low of $10.42 and a 1-year high of $20.13.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.
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