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.

SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings results on Thursday, February 28th. The company reported ($0.13) EPS for the quarter, meeting analysts’ consensus estimates of ($0.13). SeaWorld Entertainment had a net margin of 3.26% and a return on equity of 28.25%. The business had revenue of $280.00 million for the quarter, compared to analysts’ expectations of $276.09 million. During the same period last year, the business earned ($0.24) earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, sell-side analysts predict that SeaWorld Entertainment will post 1.24 EPS for the current fiscal year.

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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Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

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