Pursuit Attractions and Hospitality (NYSE:PRSU) Upgraded at Zacks Research

Zacks Research upgraded shares of Pursuit Attractions and Hospitality (NYSE:PRSU) from a hold rating to a strong-buy rating in a report published on Monday,Zacks reports.

A number of other equities analysts have also commented on PRSU. Weiss Ratings lowered Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Jefferies Financial Group initiated coverage on Pursuit Attractions and Hospitality in a research report on Wednesday, September 9th. They set a “buy” rating and a $61.00 target price for the company. Citizens Jmp assumed coverage on Pursuit Attractions and Hospitality in a report on Friday, September 25th. They set a “market outperform” rating and a $64.00 target price on the stock. Finally, Citigroup began coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Pursuit Attractions and Hospitality has a consensus rating of “Buy” and an average price target of $54.75.

Pursuit Attractions and Hospitality Stock Performance

NYSE PRSU opened at $52.53 on Monday. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $1.43 billion, a P/E ratio of 39.50, a P/E/G ratio of 1.96 and a beta of 1.43. Pursuit Attractions and Hospitality has a 12-month low of $32.03 and a 12-month high of $56.51. The firm has a 50-day moving average price of $48.97 and a two-hundred day moving average price of $46.79.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate 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 company had revenue of $133.49 million for the quarter. Analysts anticipate that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current year.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Pursuit Attractions and Hospitality in the second quarter valued at about $183,218,000. River Road Asset Management LLC raised its stake in Pursuit Attractions and Hospitality by 3.6% during the fourth quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock worth $68,458,000 after acquiring an additional 69,794 shares in the last quarter. TimesSquare Capital Management LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth about $45,700,000. Dimensional Fund Advisors LP lifted its holdings in shares of Pursuit Attractions and Hospitality by 19.7% in the first quarter. Dimensional Fund Advisors LP now owns 716,583 shares of the company’s stock worth $26,247,000 after acquiring an additional 118,059 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Pursuit Attractions and Hospitality by 28.9% in the 1st quarter. Sei Investments Co. now owns 207,993 shares of the company’s stock valued at $7,619,000 after purchasing an additional 46,571 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc operates a portfolio of experiential travel businesses in North America. The company combines destination attractions, guided tours, lodging, and related hospitality services in scenic gateway destinations.

Its offerings include sightseeing and adventure experiences such as mountain gondolas, glacier excursions, scenic tours, wildlife and marine tours, and other destination-based activities. Pursuit also operates hotels, lodges, campgrounds, restaurants, retail outlets, and transportation services designed to support travelers visiting national parks and other prominent natural attractions.

The company serves visitors in destinations across Canada and the United States, including the Canadian Rockies, Alaska, and Montana’s Glacier National Park region.