Pursuit Attractions and Hospitality (NYSE:PRSU) Sets New 52-Week High – What’s Next?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $45.75 and last traded at $45.52, with a volume of 25314 shares changing hands. The stock had previously closed at $44.38.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on PRSU shares. Oppenheimer restated an “outperform” rating and issued a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Zacks Research upgraded shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Stock Up 1.6%

The firm’s 50-day moving average price is $40.14 and its 200 day moving average price is $36.82. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 45.54, a PEG ratio of 1.92 and a beta of 1.41. The company has a current ratio of 1.54, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.94) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.94). The business had revenue of $51.64 million during 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 forecast that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

A number of institutional investors have recently added to or reduced their stakes in PRSU. Caitong International Asset Management Co. Ltd increased its position in Pursuit Attractions and Hospitality by 803.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock worth $28,000 after purchasing an additional 691 shares in the last quarter. Larson Financial Group LLC increased its position in Pursuit Attractions and Hospitality by 4,831.3% during the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after purchasing an additional 773 shares in the last quarter. State of Wyoming acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $38,000. Kemnay Advisory Services Inc. acquired a new position in Pursuit Attractions and Hospitality during the 4th quarter worth approximately $55,000. Finally, Tower Research Capital LLC TRC acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $67,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

About Pursuit Attractions and Hospitality

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.