Pursuit Attractions and Hospitality (NYSE:PRSU) Reaches New 1-Year High – What’s Next?

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) hit a new 52-week high on Tuesday . The company traded as high as $45.75 and last traded at $45.38, with a volume of 8470 shares. The stock had previously closed at $44.60.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Zacks Research upgraded Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Oppenheimer reiterated an “outperform” rating and issued a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Finally, Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Price Performance

The firm has a market cap of $1.27 billion, a P/E ratio of 46.96, a P/E/G ratio of 1.97 and a beta of 1.41. The company has a fifty day moving average of $42.14 and a 200-day moving average of $37.70. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.54 and a quick ratio of 1.45.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued 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, sell-side analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. River Road Asset Management LLC raised its position in shares of Pursuit Attractions and Hospitality by 3.6% during the 4th quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock valued at $68,458,000 after buying an additional 69,794 shares in the last quarter. Vanguard Group Inc. lifted its position in Pursuit Attractions and Hospitality by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock worth $53,068,000 after buying an additional 19,204 shares during the last quarter. TimesSquare Capital Management LLC boosted its stake in Pursuit Attractions and Hospitality by 10.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock worth $31,222,000 after buying an additional 87,444 shares in the last quarter. Alliancebernstein L.P. grew its position in Pursuit Attractions and Hospitality by 17.2% during the third quarter. Alliancebernstein L.P. now owns 839,508 shares of the company’s stock valued at $30,373,000 after acquiring an additional 123,006 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Pursuit Attractions and Hospitality by 3.2% during the fourth quarter. State Street Corp now owns 813,263 shares of the company’s stock worth $27,391,000 after acquiring an additional 25,353 shares in the last quarter. 89.91% of the stock is currently owned by hedge funds and other 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.