Pursuit Attractions and Hospitality (NYSE:PRSU) Hits New 12-Month High – Here’s What Happened

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) reached a new 52-week high on Monday . The company traded as high as $52.04 and last traded at $50.2710, with a volume of 526436 shares. The stock had previously closed at $50.94.

Wall Street Analysts Forecast Growth

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

Pursuit Attractions and Hospitality Trading Up 2.4%

The company has a 50 day moving average of $44.01 and a 200 day moving average of $38.69. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 1.54. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 52.67, a P/E/G ratio of 2.20 and a beta of 1.41.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share (EPS) for the quarter, hitting the consensus estimate 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, research analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PRSU. Caitong International Asset Management Co. Ltd grew its position in shares of 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 purchasing an additional 691 shares in the last quarter. Larson Financial Group LLC grew its holdings in Pursuit Attractions and Hospitality by 4,831.2% in the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after buying an additional 773 shares in the last quarter. State of Wyoming acquired a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth $38,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Pursuit Attractions and Hospitality in the 4th quarter worth $55,000. Finally, Tower Research Capital LLC TRC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth $67,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

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.