Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Rated Outperform in New Coverage at Citizens Jmp

Citizens Jmp initiated coverage on shares of Pursuit Attractions and Hospitality (NYSE:PRSU) in a research note issued on Friday, Briefing.com reports. The brokerage set an “outperform” rating and a $64.00 price target on the stock. Citizens Jmp’s price objective points to a potential upside of 32.09% from the company’s current price.

Several other analysts also recently weighed in on the company. Jefferies Financial Group assumed coverage on Pursuit Attractions and Hospitality in a research report on Wednesday, September 9th. They set a “buy” rating and a $61.00 price objective for the company. Citigroup assumed coverage on Pursuit Attractions and Hospitality in a research note on Friday. They set an “outperform” rating for the company. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 18th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.75.

Pursuit Attractions and Hospitality Trading Up 0.8%

Shares of Pursuit Attractions and Hospitality stock opened at $48.45 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. Pursuit Attractions and Hospitality has a 12-month low of $32.03 and a 12-month high of $56.51. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 36.43, a PEG ratio of 1.78 and a beta of 1.37. The firm’s 50-day moving average price is $49.22 and its two-hundred day moving average price is $45.86.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. The company had revenue of $133.49 million during the quarter. On average, analysts forecast that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current fiscal year.

Institutional Trading of Pursuit Attractions and Hospitality

A number of hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $1,434,000. Squarepoint Ops LLC acquired a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth $4,396,000. Amundi acquired a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth $363,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth $806,000. Finally, AXQ Capital LP bought a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth $226,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) operates a portfolio of destination-based attractions, hospitality properties and experiential travel businesses. The company focuses on connecting guests with natural and cultural landmarks through lodging, guided tours, sightseeing activities, restaurants, retail and other visitor services.

Pursuit serves travelers in prominent tourism markets across the United States and Canada, including Alaska, Montana, the Canadian Rockies and other gateway destinations.