SeaWorld Entertainment (SEAS) Receiving Positive Media Coverage, Analysis Finds
Media coverage about SeaWorld Entertainment (NYSE:SEAS) has been trending positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SeaWorld Entertainment earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.118550720596 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Spain’s Parques Reunidos Explores Purchase of SeaWorld (finance.yahoo.com)
- SeaWorld Entertainment, Inc. Announces Third Quarter 2017 Earnings Release Date And Conference Call Information (finance.yahoo.com)
- Legoland Owner Says It’s Not Talking to SeaWorld About Any Deal (finance.yahoo.com)
- Options Traders Expect Huge Moves in SeaWorld (SEAS) Stock (finance.yahoo.com)
- SeaWorld Entertainment, Inc. (SEAS) Rating Increased to Sell at BidaskClub (americanbankingnews.com)
SEAS has been the topic of several analyst reports. KeyCorp initiated coverage on SeaWorld Entertainment in a research note on Wednesday, August 30th. They issued an “overweight” rating on the stock. Janney Montgomery Scott reissued a “buy” rating and issued a $25.00 target price on shares of SeaWorld Entertainment in a research note on Friday, June 16th. BidaskClub lowered SeaWorld Entertainment from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 7th. Citigroup Inc. reissued a “neutral” rating and issued a $14.00 target price (down previously from $15.00) on shares of SeaWorld Entertainment in a research note on Friday, September 15th. Finally, Goldman Sachs Group, Inc. (The) raised SeaWorld Entertainment from a “sell” rating to a “neutral” rating and increased their target price for the company from $14.44 to $16.00 in a research note on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. SeaWorld Entertainment has a consensus rating of “Hold” and a consensus target price of $16.70.
SeaWorld Entertainment (NYSE SEAS) traded up 3.95% during midday trading on Wednesday, hitting $13.68. The stock had a trading volume of 4,279,144 shares. The stock’s market capitalization is $1.18 billion. SeaWorld Entertainment has a 52 week low of $11.10 and a 52 week high of $20.13. The company’s 50 day moving average price is $12.95 and its 200-day moving average price is $15.43.
SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.77. The company had revenue of $373.80 million for the quarter, compared to the consensus estimate of $395.24 million. SeaWorld Entertainment had a positive return on equity of 23.32% and a negative net margin of 13.95%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 EPS. Equities analysts anticipate that SeaWorld Entertainment will post ($1.72) earnings per share for the current fiscal year.
In other SeaWorld Entertainment news, major shareholder Hill Path Capital Partners Lp acquired 44,600 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were bought at an average cost of $12.72 per share, with a total value of $567,312.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Hill Path Capital Partners Co- acquired 320,627 shares of the company’s stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $13.21 per share, for a total transaction of $4,235,482.67. The disclosure for this purchase can be found here. Insiders bought a total of 1,472,969 shares of company stock worth $19,324,419 over the last three months. 3.40% of the stock is owned by company insiders.
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About SeaWorld Entertainment
SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.
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