Pursuit Attractions and Hospitality (NYSE:PRSU) Coverage Initiated by Analysts at Jefferies Financial Group

Jefferies Financial Group began coverage on shares of Pursuit Attractions and Hospitality (NYSE:PRSU) in a research report report published on Wednesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $61.00 price target on the stock.

A number of other brokerages have also commented on PRSU. Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Weiss Ratings lowered shares of Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.

Pursuit Attractions and Hospitality Price Performance

Shares of PRSU stock opened at $48.02 on Wednesday. Pursuit Attractions and Hospitality has a fifty-two week low of $32.03 and a fifty-two week high of $56.51. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.61. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 36.10, a PEG ratio of 1.78 and a beta of 1.37. The stock’s 50-day simple moving average is $50.35 and its 200-day simple moving average is $44.91.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. The business had revenue of $133.49 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. As a group, equities analysts forecast that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Engineers Gate Manager LP acquired a new position in Pursuit Attractions and Hospitality in the 2nd quarter worth about $1,434,000. Squarepoint Ops LLC acquired a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at $4,396,000. Amundi purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth $363,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Pursuit Attractions and Hospitality during the second quarter worth $806,000. Finally, California State Teachers Retirement System raised its position in Pursuit Attractions and Hospitality by 6,734.4% during the second quarter. California State Teachers Retirement System now owns 1,324,362 shares of the company’s stock worth $74,125,000 after acquiring an additional 1,304,984 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

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.