Shares of SeaWorld Entertainment Inc (NYSE:SEAS) have been assigned a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $32.41.

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a report on Friday, May 10th. B. Riley set a $36.00 price target on SeaWorld Entertainment and gave the stock a “buy” rating in a research note on Tuesday, May 28th. TheStreet lowered SeaWorld Entertainment from a “b-” rating to a “c” rating in a research note on Friday, March 29th. Janney Montgomery Scott restated a “buy” rating and set a $37.00 price target on shares of SeaWorld Entertainment in a research note on Wednesday, May 8th. Finally, KeyCorp set a $37.00 price target on SeaWorld Entertainment and gave the stock a “buy” rating in a research note on Tuesday, March 19th.

Shares of SeaWorld Entertainment stock opened at $31.35 on Wednesday. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 30.74, a PEG ratio of 3.20 and a beta of 1.13. The company has a quick ratio of 0.31, a current ratio of 0.41 and a debt-to-equity ratio of 7.15. SeaWorld Entertainment has a one year low of $18.09 and a one year high of $32.73.

SeaWorld Entertainment (NYSE:SEAS) last announced its earnings results on Tuesday, May 7th. The company reported ($0.44) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.62) by $0.18. The business had revenue of $220.60 million during the quarter, compared to the consensus estimate of $215.91 million. SeaWorld Entertainment had a net margin of 5.13% and a return on equity of 31.65%. The firm’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.73) earnings per share. On average, sell-side analysts anticipate that SeaWorld Entertainment will post 1.43 EPS for the current year.

In other news, major shareholder Alliance Group Ltd Pacific sold 18,829,874 shares of the business’s stock in a transaction dated Monday, May 27th. The stock was sold at an average price of $26.71, for a total transaction of $502,945,934.54. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.90% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. BlackRock Inc. boosted its position in SeaWorld Entertainment by 4.6% in the fourth quarter. BlackRock Inc. now owns 4,478,004 shares of the company’s stock valued at $98,919,000 after buying an additional 196,436 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in SeaWorld Entertainment by 20.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,524,724 shares of the company’s stock valued at $39,274,000 after buying an additional 262,805 shares during the last quarter. Deutsche Bank AG boosted its position in SeaWorld Entertainment by 58.2% in the fourth quarter. Deutsche Bank AG now owns 1,524,071 shares of the company’s stock valued at $33,665,000 after buying an additional 560,988 shares during the last quarter. Emerald Advisers LLC boosted its position in SeaWorld Entertainment by 11.5% in the first quarter. Emerald Advisers LLC now owns 1,176,259 shares of the company’s stock valued at $30,300,000 after buying an additional 121,191 shares during the last quarter. Finally, Rothschild & Co. Asset Management US Inc. boosted its position in SeaWorld Entertainment by 0.4% in the first quarter. Rothschild & Co. Asset Management US Inc. now owns 1,101,147 shares of the company’s stock valued at $28,366,000 after buying an additional 4,180 shares during the last quarter. Institutional investors and hedge funds own 84.89% of the company’s stock.

About SeaWorld Entertainment

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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Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

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