Pursuit Attractions and Hospitality (NYSE:PRSU) Hits New 52-Week High – Here’s What Happened

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) reached a new 52-week high on Thursday . The company traded as high as $45.23 and last traded at $45.15, with a volume of 20511 shares traded. The stock had previously closed at $41.90.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Pursuit Attractions and Hospitality Price Performance

The business has a fifty day simple moving average of $38.35 and a two-hundred day simple moving average of $36.13. 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 $1.16 billion, a PE ratio of 54.08, a P/E/G ratio of 1.96 and a beta of 1.41.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.94). Pursuit Attractions and Hospitality had a return on equity of 5.23% and a net margin of 5.01%.The firm had revenue of $51.64 million for the quarter. Research analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.42 earnings per share for the current year.

Institutional Trading of Pursuit Attractions and Hospitality

A number of hedge funds have recently made changes to their positions in PRSU. GRS Advisors LLC bought a new stake in shares of Pursuit Attractions and Hospitality in the 3rd quarter worth approximately $28,507,000. Alliancebernstein L.P. bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $20,657,000. TimesSquare Capital Management LLC boosted its position in shares of Pursuit Attractions and Hospitality by 90.9% in the 3rd quarter. TimesSquare Capital Management LLC now owns 839,580 shares of the company’s stock worth $30,376,000 after purchasing an additional 399,787 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $6,587,000. Finally, Boothbay Fund Management LLC boosted its position in shares of Pursuit Attractions and Hospitality by 1,477.3% in the 3rd quarter. Boothbay Fund Management LLC now owns 171,234 shares of the company’s stock worth $6,195,000 after purchasing an additional 160,378 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

About Pursuit Attractions and Hospitality

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.