Equities analysts expect SeaWorld Parks & Entertainment (NYSE:SEAS) to post earnings of ($0.77) per share for the current quarter, according to Zacks. Six analysts have made estimates for SeaWorld Parks & Entertainment’s earnings. The lowest EPS estimate is ($0.87) and the highest is ($0.69). SeaWorld Parks & Entertainment reported earnings of ($0.66) per share during the same quarter last year, which would indicate a negative year over year growth rate of 16.7%. The firm is expected to report its next earnings report before the market opens on Tuesday, May 8th.
According to Zacks, analysts expect that SeaWorld Parks & Entertainment will report full-year earnings of $0.35 per share for the current financial year, with EPS estimates ranging from $0.16 to $0.62. For the next year, analysts expect that the firm will post earnings of $0.44 per share, with EPS estimates ranging from $0.18 to $0.79. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover SeaWorld Parks & Entertainment.
SeaWorld Parks & Entertainment (NYSE:SEAS) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.24) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.06). The firm had revenue of $265.50 million for the quarter, compared to the consensus estimate of $258.97 million. SeaWorld Parks & Entertainment had a negative net margin of 16.02% and a positive return on equity of 23.42%. The business’s revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.14) earnings per share.
A number of analysts have recently commented on SEAS shares. Zacks Investment Research cut SeaWorld Parks & Entertainment from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Citigroup boosted their price target on SeaWorld Parks & Entertainment from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, March 9th. Macquarie cut SeaWorld Parks & Entertainment from a “neutral” rating to an “underperform” rating and set a $10.00 price target on the stock. in a research report on Friday, March 2nd. ValuEngine raised SeaWorld Parks & Entertainment from a “hold” rating to a “buy” rating in a research report on Friday, April 13th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $20.00 price target (up from $17.00) on shares of SeaWorld Parks & Entertainment in a research report on Wednesday, February 28th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $15.30.
In other news, Director Thomas E. Moloney acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 15th. The stock was bought at an average cost of $14.40 per share, for a total transaction of $28,800.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Hill Path Capital Partners Co- acquired 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was purchased at an average price of $14.38 per share, with a total value of $2,157,000.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 561,900 shares of company stock valued at $8,182,637. 3.80% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Parametrica Management Ltd purchased a new stake in SeaWorld Parks & Entertainment during the 4th quarter valued at $142,000. BlueCrest Capital Management Ltd bought a new position in shares of SeaWorld Parks & Entertainment during the fourth quarter valued at approximately $208,000. MANA Advisors LLC bought a new position in shares of SeaWorld Parks & Entertainment during the fourth quarter valued at approximately $223,000. Stone Ridge Asset Management LLC bought a new position in shares of SeaWorld Parks & Entertainment during the fourth quarter valued at approximately $245,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. bought a new position in shares of SeaWorld Parks & Entertainment during the fourth quarter valued at approximately $262,000. Institutional investors own 96.46% of the company’s stock.
Shares of SEAS traded down $0.28 during mid-day trading on Friday, reaching $15.67. The company had a trading volume of 856,323 shares, compared to its average volume of 1,913,569. The company has a quick ratio of 0.35, a current ratio of 0.47 and a debt-to-equity ratio of 5.23. SeaWorld Parks & Entertainment has a 52 week low of $10.42 and a 52 week high of $19.23. The stock has a market cap of $1,458.93, a P/E ratio of 19.46 and a beta of 0.79.
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SeaWorld Parks & Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.
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