SeaWorld Entertainment Inc (NYSE:SEAS) – Stock analysts at B. Riley raised their Q3 2020 earnings estimates for shares of SeaWorld Entertainment in a research note issued to investors on Monday, March 23rd. B. Riley analyst E. Wold now expects that the company will earn $1.56 per share for the quarter, up from their prior forecast of $1.54. B. Riley currently has a “Buy” rating and a $21.00 target price on the stock. B. Riley also issued estimates for SeaWorld Entertainment’s Q4 2021 earnings at $0.19 EPS.

Several other analysts have also commented on SEAS. ValuEngine raised shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research report on Friday, March 20th. Zacks Investment Research lowered shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research report on Friday, March 20th. TheStreet lowered shares of SeaWorld Entertainment from a “b” rating to a “c” rating in a research report on Wednesday, February 26th. Citigroup raised shares of SeaWorld Entertainment from a “sell” rating to a “neutral” rating and decreased their price objective for the company from $27.00 to $9.00 in a research report on Friday, March 20th. Finally, Stifel Nicolaus decreased their price objective on shares of SeaWorld Entertainment from $42.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $27.25.

SEAS stock opened at $15.42 on Wednesday. The firm has a market cap of $828.20 million, a price-to-earnings ratio of 13.65, a PEG ratio of 0.79 and a beta of 1.40. The firm has a 50-day simple moving average of $24.82 and a two-hundred day simple moving average of $28.81. SeaWorld Entertainment has a one year low of $6.75 and a one year high of $36.96. The company has a debt-to-equity ratio of 7.62, a quick ratio of 0.34 and a current ratio of 0.42.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings results on Wednesday, February 26th. The company reported ($0.31) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.33). The firm had revenue of $298.01 million for the quarter, compared to analysts’ expectations of $288.93 million. SeaWorld Entertainment had a net margin of 6.40% and a return on equity of 61.22%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.13) earnings per share.

Institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC raised its holdings in SeaWorld Entertainment by 54.7% in the 4th quarter. Advisory Services Network LLC now owns 1,160 shares of the company’s stock valued at $37,000 after buying an additional 410 shares during the period. S.A. Mason LLC purchased a new stake in SeaWorld Entertainment in the 4th quarter valued at about $57,000. Ladenburg Thalmann Financial Services Inc. raised its holdings in SeaWorld Entertainment by 51.6% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,131 shares of the company’s stock valued at $68,000 after buying an additional 725 shares during the period. Advisor Group Inc. raised its holdings in SeaWorld Entertainment by 59.4% in the 4th quarter. Advisor Group Inc. now owns 2,774 shares of the company’s stock valued at $88,000 after buying an additional 1,034 shares during the period. Finally, Great West Life Assurance Co. Can purchased a new stake in SeaWorld Entertainment in the 4th quarter valued at about $106,000.

In related news, insider Marc Swanson sold 8,107 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $12.89, for a total value of $104,499.23. Following the completion of the transaction, the insider now directly owns 117,668 shares of the company’s stock, valued at approximately $1,516,740.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.90% of the company’s stock.

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 SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.

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Earnings History and Estimates for SeaWorld Entertainment (NYSE:SEAS)

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