Jefferies Financial Group Upgrades Pursuit Attractions and Hospitality (NYSE:PRSU) to “Strong-Buy”

Pursuit Attractions and Hospitality (NYSE:PRSU) was upgraded by investment analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Pursuit Attractions and Hospitality presently has a consensus rating of “Moderate Buy” and an average price target of $51.67.

Pursuit Attractions and Hospitality Stock Up 0.6%

PRSU opened at $48.02 on Wednesday. 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 company has a market cap of $1.31 billion, a price-to-earnings ratio of 36.10, a PEG ratio of 1.78 and a beta of 1.37. Pursuit Attractions and Hospitality has a one year low of $32.03 and a one year high of $56.51. The business’s fifty day moving average is $50.35 and its two-hundred day moving average is $44.91.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its quarterly earnings results 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. The business had revenue of $133.49 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. Analysts anticipate that Pursuit Attractions and Hospitality will post 1.79 EPS for the current fiscal year.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its stake in Pursuit Attractions and Hospitality by 803.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock worth $28,000 after purchasing an additional 691 shares during the period. Larson Financial Group LLC grew its stake in shares of Pursuit Attractions and Hospitality by 4,831.2% during the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after buying an additional 773 shares during the period. State of Wyoming purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $38,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Pursuit Attractions and Hospitality during the 4th quarter worth $55,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth $67,000. 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.