Pursuit Attractions and Hospitality (NYSE:PRSU) Posts Earnings Results

Pursuit Attractions and Hospitality (NYSE:PRSU) issued its quarterly earnings data on Wednesday. The company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09, Zacks reports. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. The firm had revenue of $62.88 million during the quarter.

Pursuit Attractions and Hospitality Stock Performance

PRSU traded up $0.46 during midday trading on Friday, reaching $32.96. The company had a trading volume of 171,113 shares, compared to its average volume of 247,115. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04. The stock has a market cap of $931.94 million, a PE ratio of 2.85, a P/E/G ratio of 2.12 and a beta of 1.76. Pursuit Attractions and Hospitality has a 12-month low of $26.66 and a 12-month high of $47.49. The business has a 50-day moving average price of $36.19 and a two-hundred day moving average price of $32.41.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on PRSU shares. Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Wednesday, October 8th. Oppenheimer reaffirmed an “outperform” rating and set a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research report on Friday. Finally, Stifel Nicolaus set a $42.00 price target on Pursuit Attractions and Hospitality in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Insider Activity at Pursuit Attractions and Hospitality

In other news, Director Jill Bright acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were acquired at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the purchase, the director owned 6,311 shares in the company, valued at approximately $232,055.47. This trade represents a 18.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $312,000. Boothbay Fund Management LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $313,000. Jane Street Group LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth $573,000. California State Teachers Retirement System bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth $569,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $340,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.