Insider Selling: SeaWorld Entertainment Inc (SEAS) Insider Sells 8,876 Shares of Stock
SeaWorld Entertainment Inc (NYSE:SEAS) insider Christopher Dold sold 8,876 shares of the firm’s stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $25.51, for a total transaction of $226,426.76. Following the completion of the transaction, the insider now directly owns 52,046 shares of the company’s stock, valued at approximately $1,327,693.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of SEAS opened at $25.88 on Friday. SeaWorld Entertainment Inc has a one year low of $10.42 and a one year high of $26.26. The stock has a market capitalization of $2.20 billion, a PE ratio of 123.24 and a beta of 0.77. The company has a quick ratio of 0.34, a current ratio of 0.44 and a debt-to-equity ratio of 5.54.
SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Monday, August 6th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). SeaWorld Entertainment had a negative net margin of 0.42% and a positive return on equity of 6.69%. The firm had revenue of $391.90 million during the quarter, compared to the consensus estimate of $369.29 million. During the same period last year, the business earned ($2.05) EPS. The business’s revenue was up 4.8% on a year-over-year basis. research analysts forecast that SeaWorld Entertainment Inc will post 0.61 earnings per share for the current fiscal year.
A number of research analysts recently weighed in on SEAS shares. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research report on Friday, August 10th. Wedbush set a $24.00 target price on shares of SeaWorld Entertainment and gave the company a “hold” rating in a research report on Tuesday, August 7th. ValuEngine raised shares of SeaWorld Entertainment from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 26th. Stifel Nicolaus raised their target price on shares of SeaWorld Entertainment from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, June 7th. Finally, Wells Fargo & Co downgraded shares of SeaWorld Entertainment from an “outperform” rating to a “market perform” rating in a research report on Monday, July 9th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $23.33.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.
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