Pursuit Attractions and Hospitality (NYSE:PRSU) Posts Earnings Results

Pursuit Attractions and Hospitality (NYSE:PRSU) announced its earnings results on Wednesday. The company reported $3.03 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $251.53 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%.

Pursuit Attractions and Hospitality Trading Down 0.4%

Pursuit Attractions and Hospitality stock traded down $0.24 during trading hours on Wednesday, reaching $55.86. The stock had a trading volume of 488,705 shares, compared to its average volume of 252,834. The company has a fifty day simple moving average of $51.36 and a 200-day simple moving average of $45.16. Pursuit Attractions and Hospitality has a 52 week low of $32.03 and a 52 week high of $58.62. The stock has a market cap of $1.52 billion, a PE ratio of 42.00, a PEG ratio of 2.09 and a beta of 1.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47.

Institutional Trading of Pursuit Attractions and Hospitality

A number of institutional investors have recently modified their holdings of PRSU. CenterBook Partners LP bought a new position in shares of Pursuit Attractions and Hospitality in the 3rd quarter worth approximately $400,000. Bridge City Capital LLC lifted its stake in shares of Pursuit Attractions and Hospitality by 40.2% in the 3rd quarter. Bridge City Capital LLC now owns 6,065 shares of the company’s stock valued at $302,000 after purchasing an additional 1,740 shares during the period. State of Wyoming bought a new stake in shares of Pursuit Attractions and Hospitality during the third quarter valued at approximately $200,000. Fortitude Family Office LLC bought a new stake in shares of Pursuit Attractions and Hospitality during the third quarter valued at approximately $55,000. Finally, Farther Finance Advisors LLC grew its stake in Pursuit Attractions and Hospitality by 1,501.0% in the third quarter. Farther Finance Advisors LLC now owns 1,665 shares of the company’s stock worth $83,000 after purchasing an additional 1,561 shares during the period. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Citigroup assumed coverage on shares of Pursuit Attractions and Hospitality in a report on Friday, September 25th. They issued an “outperform” rating for the company. Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 16th. Citizens Jmp assumed coverage on shares of Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They issued a “market outperform” rating and a $64.00 price objective for the company. Finally, Jefferies Financial Group began coverage on shares of Pursuit Attractions and Hospitality in a report on Wednesday, September 9th. They set a “buy” rating and a $61.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $54.75.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.