Equities research analysts expect SeaWorld Entertainment Inc (NYSE:SEAS) to report $1.42 earnings per share for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for SeaWorld Entertainment’s earnings. The highest EPS estimate is $1.50 and the lowest is $1.32. SeaWorld Entertainment reported earnings per share of $1.13 during the same quarter last year, which suggests a positive year over year growth rate of 25.7%. The company is expected to announce its next quarterly earnings results on Monday, November 4th.

On average, analysts expect that SeaWorld Entertainment will report full year earnings of $1.61 per share for the current financial year, with EPS estimates ranging from $1.46 to $1.71. For the next financial year, analysts forecast that the business will report earnings of $1.83 per share, with EPS estimates ranging from $1.25 to $2.13. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last issued its earnings results on Tuesday, August 6th. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.12. SeaWorld Entertainment had a return on equity of 45.30% and a net margin of 7.24%. The business had revenue of $406.00 million during the quarter, compared to analysts’ expectations of $411.77 million. During the same period in the prior year, the business earned $0.29 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year.

A number of research firms recently weighed in on SEAS. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Saturday, August 10th. B. Riley set a $36.00 price target on shares of SeaWorld Entertainment and gave the company a “buy” rating in a report on Monday, July 8th. TheStreet upgraded shares of SeaWorld Entertainment from a “c” rating to a “b-” rating in a report on Tuesday, August 6th. Goldman Sachs Group raised shares of SeaWorld Entertainment from a “neutral” rating to a “buy” rating and upped their price target for the stock from $31.00 to $39.00 in a research report on Friday, June 21st. Finally, ValuEngine downgraded shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the stock. SeaWorld Entertainment has an average rating of “Buy” and an average target price of $33.47.

Shares of SeaWorld Entertainment stock traded up $0.49 during trading on Friday, hitting $29.79. 31,390 shares of the stock traded hands, compared to its average volume of 1,248,622. The company has a current ratio of 0.34, a quick ratio of 0.25 and a debt-to-equity ratio of 12.28. The stock’s fifty day simple moving average is $30.47 and its 200 day simple moving average is $28.39. The firm has a market cap of $2.26 billion, a P/E ratio of 29.18, a price-to-earnings-growth ratio of 2.55 and a beta of 1.20. SeaWorld Entertainment has a 52-week low of $21.36 and a 52-week high of $34.72.

Several hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC boosted its stake in shares of SeaWorld Entertainment by 407.4% in the second quarter. Acadian Asset Management LLC now owns 1,309 shares of the company’s stock valued at $41,000 after buying an additional 1,051 shares in the last quarter. Signaturefd LLC purchased a new stake in SeaWorld Entertainment during the 1st quarter worth approximately $57,000. Advisors Preferred LLC acquired a new position in SeaWorld Entertainment during the 2nd quarter worth $68,000. Quantamental Technologies LLC increased its stake in shares of SeaWorld Entertainment by 92.7% during the first quarter. Quantamental Technologies LLC now owns 2,669 shares of the company’s stock worth $69,000 after buying an additional 1,284 shares during the period. Finally, Resources Investment Advisors LLC. purchased a new stake in shares of SeaWorld Entertainment in the 2nd quarter valued at approximately $71,000.

SeaWorld Entertainment Company Profile

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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Earnings History and Estimates for SeaWorld Entertainment (NYSE:SEAS)

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