Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Lifted to “Strong-Buy” by Zacks Research

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

A number of other analysts have also commented on PRSU. Citizens Jmp started coverage on shares of Pursuit Attractions and Hospitality in a report on Friday, September 25th. They set a “market outperform” rating and a $64.00 target price for the company. Citigroup assumed coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They issued an “outperform” rating on the stock. Jefferies Financial Group initiated coverage on Pursuit Attractions and Hospitality in a research report on Wednesday, September 9th. They issued a “buy” rating and a $61.00 price target on the stock. Finally, Weiss Ratings cut Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $54.75.

Pursuit Attractions and Hospitality Price Performance

Pursuit Attractions and Hospitality stock opened at $52.73 on Monday. The business has a 50 day simple moving average of $48.98 and a 200 day simple moving average of $46.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47. The company has a market capitalization of $1.44 billion, a PE ratio of 39.65, a price-to-earnings-growth ratio of 1.95 and a beta of 1.43. Pursuit Attractions and Hospitality has a one year low of $32.03 and a one year high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, topping 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 business had revenue of $133.49 million for the quarter. On average, sell-side analysts forecast that Pursuit Attractions and Hospitality will post 1.79 EPS for the current fiscal year.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Several hedge funds have recently modified their holdings of PRSU. Engineers Gate Manager LP acquired a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $1,434,000. Squarepoint Ops LLC bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at $4,396,000. Amundi acquired a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at about $363,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $806,000. Finally, AXQ Capital LP bought a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth approximately $226,000. Institutional investors own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc operates a portfolio of experiential travel businesses in North America. The company combines destination attractions, guided tours, lodging, and related hospitality services in scenic gateway destinations.

Its offerings include sightseeing and adventure experiences such as mountain gondolas, glacier excursions, scenic tours, wildlife and marine tours, and other destination-based activities. Pursuit also operates hotels, lodges, campgrounds, restaurants, retail outlets, and transportation services designed to support travelers visiting national parks and other prominent natural attractions.

The company serves visitors in destinations across Canada and the United States, including the Canadian Rockies, Alaska, and Montana’s Glacier National Park region.