Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Rating Upgraded by Zacks Research

Pursuit Attractions and Hospitality (NYSE:PRSU) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other research firms have also issued reports on PRSU. Stifel Nicolaus lifted their target price on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Monday. Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Oppenheimer reissued an “outperform” rating and issued a $48.00 price objective on shares of Pursuit Attractions and Hospitality in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $34.00.

Pursuit Attractions and Hospitality Stock Up 0.6%

Shares of NYSE PRSU traded up $0.23 during mid-day trading on Thursday, hitting $35.83. 199,168 shares of the stock traded hands, compared to its average volume of 192,532. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 1.09. The stock has a fifty day moving average price of $34.86 and a 200-day moving average price of $33.26. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 2.87, a PEG ratio of 1.84 and a beta of 1.50. Pursuit Attractions and Hospitality has a 52 week low of $26.66 and a 52 week high of $46.50.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Pursuit Attractions and Hospitality had a return on equity of 17.61% and a net margin of 82.54%.The business had revenue of $241.02 million during the quarter. Research analysts anticipate that Pursuit Attractions and Hospitality will post 1.25 EPS for the current year.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In related news, CEO David W. Barry acquired 755 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average price of $33.39 per share, with a total value of $25,209.45. Following the completion of the purchase, the chief executive officer directly owned 110,430 shares in the company, valued at approximately $3,687,257.70. The trade was a 0.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.71% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Several hedge funds have recently bought and sold shares of the business. Crestview Partners IV GP L.P. acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth $193,103,000. River Road Asset Management LLC acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $59,213,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $43,665,000. GRS Advisors LLC bought a new stake in shares of Pursuit Attractions and Hospitality in the 3rd quarter valued at about $28,507,000. Finally, Alliancebernstein L.P. acquired a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $20,657,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.