Pursuit Attractions and Hospitality (NYSE:PRSU) Hits New 1-Year High – Time to Buy?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU)’s share price hit a new 52-week high on Monday . The stock traded as high as $55.70 and last traded at $54.6840, with a volume of 899791 shares. The stock had previously closed at $54.76.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PRSU. Zacks Research upgraded 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 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Finally, Weiss Ratings upgraded Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $47.00.

Pursuit Attractions and Hospitality Stock Performance

The firm has a market capitalization of $1.48 billion, a P/E ratio of 54.89, a P/E/G ratio of 2.37 and a beta of 1.41. The stock has a fifty day simple moving average of $44.79 and a two-hundred day simple moving average of $39.11. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.54 and a quick ratio of 1.45.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.94). The firm had revenue of $51.64 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%. On average, research analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

A number of large investors have recently bought and sold shares of PRSU. Sims Investment Management LLC increased its stake in Pursuit Attractions and Hospitality by 0.7% in the first quarter. Sims Investment Management LLC now owns 37,158 shares of the company’s stock valued at $1,361,000 after purchasing an additional 260 shares in the last quarter. Nuveen LLC boosted its position in shares of Pursuit Attractions and Hospitality by 0.9% during the 4th quarter. Nuveen LLC now owns 65,398 shares of the company’s stock worth $2,203,000 after purchasing an additional 592 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after buying an additional 691 shares during the period. Larson Financial Group LLC grew its stake in shares of 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 during the period. Finally, SkyView Investment Advisors LLC grew its stake in shares of Pursuit Attractions and Hospitality by 3.3% in the 2nd quarter. SkyView Investment Advisors LLC now owns 24,157 shares of the company’s stock valued at $698,000 after buying an additional 783 shares during the period. 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.