Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Given Consensus Recommendation of “Buy” by Analysts

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has been assigned an average recommendation of “Buy” from the five brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $34.00.

Several equities research analysts have recently commented on PRSU shares. Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Oppenheimer reissued an “outperform” rating and issued a $48.00 price target on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Stifel Nicolaus lifted their price objective on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, December 29th. Finally, Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 11th.

Insider Buying and Selling

In other news, CEO David W. Barry acquired 755 shares of the stock in a transaction on Monday, November 17th. The stock was acquired at an average price of $33.39 per share, with a total value of $25,209.45. Following the completion of the transaction, the chief executive officer owned 110,430 shares of the company’s stock, valued at $3,687,257.70. This represents a 0.69% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

A number of institutional investors have recently modified their holdings of PRSU. Crestview Partners IV GP L.P. bought a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $193,103,000. Intech Investment Management LLC purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth approximately $337,000. Allspring Global Investments Holdings LLC bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $43,665,000. Veracity Capital LLC purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at $3,497,000. Finally, Ensign Peak Advisors Inc bought a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $455,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

Pursuit Attractions and Hospitality Trading Down 1.3%

PRSU opened at $33.94 on Wednesday. Pursuit Attractions and Hospitality has a one year low of $26.66 and a one year high of $42.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.97. The business has a 50 day simple moving average of $34.27 and a two-hundred day simple moving average of $34.31. The firm has a market capitalization of $959.90 million, a price-to-earnings ratio of 2.72, a PEG ratio of 1.80 and a beta of 1.46.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its earnings results on Wednesday, November 5th. The company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.09. Pursuit Attractions and Hospitality had a return on equity of 17.61% and a net margin of 82.54%.The firm had revenue of $241.02 million for the quarter. Analysts predict that Pursuit Attractions and Hospitality will post 1.25 EPS for the current year.

Pursuit Attractions and Hospitality Company Profile

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.