Wall Street analysts expect SeaWorld Entertainment Inc (NYSE:SEAS) to post sales of $462.43 million for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for SeaWorld Entertainment’s earnings, with the lowest sales estimate coming in at $449.36 million and the highest estimate coming in at $474.70 million. SeaWorld Entertainment posted sales of $437.71 million during the same quarter last year, which suggests a positive year over year growth rate of 5.6%. The business is scheduled to issue its next earnings report on Tuesday, November 6th.

On average, analysts expect that SeaWorld Entertainment will report full-year sales of $1.34 billion for the current financial year, with estimates ranging from $1.31 billion to $1.36 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $1.38 billion per share, with estimates ranging from $1.34 billion to $1.43 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Monday, August 6th. The company reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.01). The company had revenue of $391.90 million for the quarter, compared to analyst estimates of $369.29 million. SeaWorld Entertainment had a positive return on equity of 6.69% and a negative net margin of 0.42%. SeaWorld Entertainment’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned ($2.05) earnings per share.

Several research analysts have weighed in on SEAS shares. ValuEngine lowered shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a report on Monday, April 23rd. Stifel Nicolaus raised their price objective on shares of SeaWorld Entertainment from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, May 2nd. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a report on Wednesday, May 2nd. B. Riley lifted their price target on shares of SeaWorld Entertainment from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Wednesday, May 9th. Finally, Citigroup lowered shares of SeaWorld Entertainment from a “neutral” rating to a “sell” rating and set a $15.00 price target for the company. in a report on Tuesday, June 12th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $23.33.

In other SeaWorld Entertainment news, insider Christopher Dold sold 8,876 shares of the business’s stock in a transaction dated 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 the SEC website. Also, insider Jack Roddy sold 9,714 shares of the business’s stock in a transaction dated Tuesday, June 5th. The shares were sold at an average price of $18.52, for a total transaction of $179,903.28. Following the transaction, the insider now directly owns 184,863 shares of the company’s stock, valued at $3,423,662.76. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

A number of institutional investors have recently bought and sold shares of SEAS. Pinnacle Associates Ltd. raised its position in shares of SeaWorld Entertainment by 1,547.4% during the 1st quarter. Pinnacle Associates Ltd. now owns 1,265,565 shares of the company’s stock worth $18,768,000 after buying an additional 1,188,745 shares in the last quarter. DSAM Partners London Ltd bought a new stake in shares of SeaWorld Entertainment during the 2nd quarter worth about $12,290,000. Phocas Financial Corp. bought a new stake in shares of SeaWorld Entertainment during the 2nd quarter worth about $10,488,000. Intrinsic Edge Capital Management LLC bought a new stake in shares of SeaWorld Entertainment during the 2nd quarter worth about $9,657,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of SeaWorld Entertainment in the 2nd quarter worth approximately $6,018,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

SEAS stock traded down $0.51 during mid-day trading on Wednesday, hitting $25.37. 1,348,000 shares of the company were exchanged, compared to its average volume of 2,210,183. The firm has a market cap of $2.20 billion, a P/E ratio of 120.81 and a beta of 0.77. The company has a debt-to-equity ratio of 5.54, a current ratio of 0.44 and a quick ratio of 0.34. SeaWorld Entertainment has a twelve month low of $10.42 and a twelve month high of $26.26.

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

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