Pursuit Attractions and Hospitality (NYSE:PRSU) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Pursuit Attractions and Hospitality (NYSE:PRSU) from a hold rating to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

Pursuit Attractions and Hospitality Trading Up 2.3%

NYSE PRSU opened at $42.27 on Thursday. The business’s 50-day moving average price is $38.44 and its two-hundred day moving average price is $36.18. Pursuit Attractions and Hospitality has a 12 month low of $26.66 and a 12 month high of $45.47. The firm has a market capitalization of $1.15 billion, a PE ratio of 42.69, a price-to-earnings-growth ratio of 1.82 and a beta of 1.41. The company has a current ratio of 1.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.36.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.94) EPS for the quarter, meeting analysts’ consensus estimates of ($0.94). Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%.The firm had revenue of $51.64 million for the quarter. On average, analysts expect that Pursuit Attractions and Hospitality will post 1.51 EPS for the current year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

A number of institutional investors have recently made changes to their positions in PRSU. Caitong International Asset Management Co. Ltd boosted its position in shares of Pursuit Attractions and Hospitality by 803.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Pursuit Attractions and Hospitality by 4,831.3% during the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after purchasing an additional 773 shares in the last quarter. State of Wyoming bought a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $38,000. Kemnay Advisory Services Inc. bought a new stake in shares of Pursuit Attractions and Hospitality during the 4th quarter valued at about $55,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $67,000. Institutional investors own 89.91% of the company’s stock.

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.