Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Stock Rated “Buy” by Sell-Side Analysts

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) have been assigned a consensus rating of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $54.75.

PRSU has been the subject of several recent research reports. Citizens Jmp began coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They issued a “market outperform” rating and a $64.00 price target for the company. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 16th. Jefferies Financial Group initiated coverage on Pursuit Attractions and Hospitality in a report on Wednesday, September 9th. They issued a “buy” rating and a $61.00 target price for the company. Finally, Citigroup started coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They set an “outperform” rating on the stock.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Several hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of Pursuit Attractions and Hospitality in the 3rd quarter worth about $200,000. Fortitude Family Office LLC purchased a new stake in Pursuit Attractions and Hospitality in the 3rd quarter worth about $55,000. Farther Finance Advisors LLC raised its position in Pursuit Attractions and Hospitality by 1,501.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,665 shares of the company’s stock worth $83,000 after purchasing an additional 1,561 shares during the period. Engineers Gate Manager LP purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth about $1,434,000. Finally, Squarepoint Ops LLC bought a new stake in Pursuit Attractions and Hospitality in the second quarter worth about $4,396,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Price Performance

PRSU stock opened at $53.74 on Thursday. Pursuit Attractions and Hospitality has a 52 week low of $32.03 and a 52 week high of $56.86. The firm has a market capitalization of $1.47 billion, a P/E ratio of 40.40, a price-to-earnings-growth ratio of 2.04 and a beta of 1.43. The company has a fifty day simple moving average of $50.78 and a two-hundred day simple moving average of $44.72. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38.

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

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.