Equities analysts expect SeaWorld Entertainment Inc (NYSE:SEAS) to post sales of $276.90 million for the current quarter, according to Zacks. Eight analysts have issued estimates for SeaWorld Entertainment’s earnings. The lowest sales estimate is $269.72 million and the highest is $284.20 million. SeaWorld Entertainment posted sales of $265.51 million during the same quarter last year, which suggests a positive year-over-year growth rate of 4.3%. The business is expected to announce its next earnings results on Tuesday, February 26th.

On average, analysts expect that SeaWorld Entertainment will report full-year sales of $1.37 billion for the current fiscal year, with estimates ranging from $1.36 billion to $1.38 billion. For the next year, analysts forecast that the firm will report sales of $1.41 billion, with estimates ranging from $1.38 billion to $1.43 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Monday, November 5th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.01). SeaWorld Entertainment had a net margin of 2.61% and a return on equity of 21.33%. The company had revenue of $483.20 million during the quarter, compared to analyst estimates of $479.67 million. During the same quarter in the previous year, the business posted $0.64 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis.

SEAS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Friday, August 10th. SunTrust Banks upped their price target on shares of SeaWorld Entertainment to $36.00 and gave the company a “buy” rating in a research report on Monday, September 24th. Wedbush set a $24.00 price target on shares of SeaWorld Entertainment and gave the company a “hold” rating in a research report on Tuesday, August 7th. Stifel Nicolaus upped their price target on shares of SeaWorld Entertainment from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, October 2nd. Finally, Citigroup upped their price target on shares of SeaWorld Entertainment from $15.00 to $20.00 and gave the company a “sell” rating in a research report on Thursday, October 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. SeaWorld Entertainment has a consensus rating of “Buy” and a consensus price target of $30.25.

Several institutional investors have recently made changes to their positions in the company. Wedge Capital Management L L P NC increased its holdings in shares of SeaWorld Entertainment by 12.8% in the 3rd quarter. Wedge Capital Management L L P NC now owns 16,838 shares of the company’s stock valued at $529,000 after acquiring an additional 1,909 shares during the period. Bank of Montreal Can grew its position in shares of SeaWorld Entertainment by 85.1% in the third quarter. Bank of Montreal Can now owns 7,290 shares of the company’s stock valued at $229,000 after purchasing an additional 3,352 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of SeaWorld Entertainment by 9.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 53,128 shares of the company’s stock valued at $1,159,000 after purchasing an additional 4,510 shares in the last quarter. Point72 Hong Kong Ltd grew its position in shares of SeaWorld Entertainment by 76.9% in the second quarter. Point72 Hong Kong Ltd now owns 11,335 shares of the company’s stock valued at $247,000 after purchasing an additional 4,928 shares in the last quarter. Finally, Cerebellum GP LLC purchased a new stake in shares of SeaWorld Entertainment in the third quarter valued at approximately $186,000. 74.27% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:SEAS traded down $0.20 during trading on Friday, reaching $24.64. The company had a trading volume of 73,850 shares, compared to its average volume of 2,072,487. The firm has a market cap of $2.18 billion, a P/E ratio of 117.95 and a beta of 1.00. SeaWorld Entertainment has a twelve month low of $10.42 and a twelve month high of $32.47. The company has a current ratio of 0.81, a quick ratio of 0.69 and a debt-to-equity ratio of 3.99.

About SeaWorld Entertainment

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.

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Earnings History and Estimates for SeaWorld Entertainment (NYSE:SEAS)

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