Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Given Consensus Rating of “Moderate Buy” by Brokerages

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has received a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $51.6667.

A number of analysts have commented on the company. Weiss Ratings cut Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 4th. Zacks Research cut Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Jefferies Financial Group initiated coverage on Pursuit Attractions and Hospitality in a report on Wednesday, September 9th. They set a “buy” rating and a $61.00 target price for the company.

Pursuit Attractions and Hospitality Trading Down 1.3%

Shares of Pursuit Attractions and Hospitality stock opened at $49.24 on Wednesday. The firm’s 50 day simple moving average is $49.87 and its two-hundred day simple moving average is $45.26. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 1.86 and a beta of 1.37. Pursuit Attractions and Hospitality has a 12-month low of $32.03 and a 12-month high of $56.51. The company has a current ratio of 1.61, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. The firm had revenue of $133.49 million for the quarter. Analysts predict that Pursuit Attractions and Hospitality will post 1.79 EPS for the current year.

Institutional Trading of Pursuit Attractions and Hospitality

Several institutional investors and hedge funds have recently bought and sold shares of PRSU. Manatuck Hill Partners LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $7,914,000. BlackRock Inc. acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth about $183,218,000. Squarepoint Ops LLC acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth about $4,396,000. Legal & General Group Plc purchased a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $2,642,000. Finally, Hsbc Holdings PLC acquired a new position in Pursuit Attractions and Hospitality in the first quarter valued at approximately $869,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) operates a portfolio of destination-based attractions, hospitality properties and experiential travel businesses. The company focuses on connecting guests with natural and cultural landmarks through lodging, guided tours, sightseeing activities, restaurants, retail and other visitor services.

Pursuit serves travelers in prominent tourism markets across the United States and Canada, including Alaska, Montana, the Canadian Rockies and other gateway destinations.