KeyCorp Analysts Give SeaWorld Entertainment (SEAS) a $37.00 Price Target
KeyCorp set a $37.00 price objective on SeaWorld Entertainment (NYSE:SEAS) in a report published on Friday morning, TipRanks reports. The firm currently has a buy rating on the stock. KeyCorp also issued estimates for SeaWorld Entertainment’s Q2 2019 earnings at $0.51 EPS, FY2019 earnings at $1.38 EPS and FY2020 earnings at $1.68 EPS.
A number of other research analysts have also recently commented on SEAS. TheStreet cut shares of SeaWorld Entertainment from a b- rating to a c rating in a research report on Friday, March 29th. Zacks Investment Research upgraded shares of SeaWorld Entertainment from a hold rating to a buy rating and set a $29.00 price target on the stock in a research report on Thursday, February 21st. ValuEngine cut shares of SeaWorld Entertainment from a strong-buy rating to a buy rating in a research report on Thursday, December 20th. B. Riley upgraded shares of SeaWorld Entertainment from a neutral rating to a buy rating and increased their price target for the company from $30.00 to $34.00 in a research report on Thursday, March 28th. Finally, Citigroup increased their price target on shares of SeaWorld Entertainment from $21.00 to $22.00 and gave the company a sell rating in a research report on Tuesday, March 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. SeaWorld Entertainment currently has a consensus rating of Buy and a consensus target price of $32.31.
Shares of NYSE SEAS opened at $24.14 on Friday. SeaWorld Entertainment has a one year low of $14.69 and a one year high of $32.47. The company has a current ratio of 0.47, a quick ratio of 0.36 and a debt-to-equity ratio of 5.64. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 2.77 and a beta of 1.47.
Several institutional investors have recently modified their holdings of SEAS. Deutsche Bank AG lifted its position in SeaWorld Entertainment by 58.2% during the fourth quarter. Deutsche Bank AG now owns 1,524,071 shares of the company’s stock valued at $33,665,000 after buying an additional 560,988 shares during the period. Geode Capital Management LLC raised its position in shares of SeaWorld Entertainment by 7.4% in the 4th quarter. Geode Capital Management LLC now owns 657,637 shares of the company’s stock worth $14,527,000 after purchasing an additional 45,210 shares during the last quarter. Norges Bank purchased a new position in shares of SeaWorld Entertainment in the 4th quarter worth about $8,003,000. Dimensional Fund Advisors LP raised its position in shares of SeaWorld Entertainment by 38.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,261,919 shares of the company’s stock worth $27,878,000 after purchasing an additional 352,071 shares during the last quarter. Finally, Walthausen & Co. LLC raised its position in shares of SeaWorld Entertainment by 60.9% in the 4th quarter. Walthausen & Co. LLC now owns 395,779 shares of the company’s stock worth $8,743,000 after purchasing an additional 149,780 shares during the last quarter. Hedge funds and other institutional investors own 84.52% of the company’s stock.
About SeaWorld Entertainment
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
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