Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Receives $34.00 Average PT from Brokerages

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has received an average recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $34.00.

A number of equities analysts have commented on PRSU shares. Stifel Nicolaus upped their target price on shares of Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Monday, December 29th. Finally, Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Hedge funds have recently made changes to their positions in the company. Crestview Partners IV GP L.P. bought a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at about $193,103,000. Intech Investment Management LLC bought a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth about $337,000. Ensign Peak Advisors Inc bought a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth about $455,000. Royce & Associates LP increased its position in Pursuit Attractions and Hospitality by 15.9% during the 3rd quarter. Royce & Associates LP now owns 293,113 shares of the company’s stock valued at $10,605,000 after purchasing an additional 40,200 shares during the period. Finally, Advisory Research Inc. increased its position in Pursuit Attractions and Hospitality by 16.0% during the 3rd quarter. Advisory Research Inc. now owns 726,784 shares of the company’s stock valued at $26,295,000 after purchasing an additional 100,000 shares during the period. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Pursuit Attractions and Hospitality Trading Down 2.7%

NYSE PRSU opened at $35.35 on Monday. The company’s 50-day moving average price is $36.02 and its 200-day moving average price is $35.38. The company has a current ratio of 0.81, a quick ratio of 0.65 and a debt-to-equity ratio of 0.23. The stock has a market cap of $990.42 million, a PE ratio of 45.32, a PEG ratio of 1.71 and a beta of 1.43. Pursuit Attractions and Hospitality has a 12 month low of $26.66 and a 12 month high of $38.33.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings results on Wednesday, February 25th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.81) by ($0.08). Pursuit Attractions and Hospitality had a return on equity of 5.23% and a net margin of 5.01%.The company had revenue of $57.07 million during the quarter. Equities research analysts forecast that Pursuit Attractions and Hospitality will post 1.25 earnings per share for the current year.

Pursuit Attractions and Hospitality Company Profile

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.