Pursuit Attractions and Hospitality (NYSE:PRSU) Reaches New 1-Year High After Analyst Upgrade

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) shares reached a new 52-week high during mid-day trading on Thursday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $45.23 and last traded at $45.15, with a volume of 20511 shares trading hands. The stock had previously closed at $41.90.

Institutional Trading of Pursuit Attractions and Hospitality

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd raised its holdings in Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after acquiring an additional 691 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Pursuit Attractions and Hospitality by 4,831.3% during the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after purchasing an additional 773 shares during the period. State of Wyoming acquired a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth $38,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Pursuit Attractions and Hospitality during the fourth quarter worth $55,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth $67,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Pursuit Attractions and Hospitality Stock Up 2.3%

The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 42.69, a PEG ratio of 1.82 and a beta of 1.41. The stock’s fifty day simple moving average is $38.44 and its two-hundred day simple moving average is $36.18. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.54 and a quick ratio of 0.65.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.94). The company had revenue of $51.64 million for the quarter. Pursuit Attractions and Hospitality had a net margin of 6.19% and a return on equity of 5.30%. On average, sell-side analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.51 earnings per share for the current fiscal year.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.