SeaWorld Entertainment Inc (SEAS) Receives Consensus Recommendation of “Hold” from Analysts
SeaWorld Entertainment Inc (NYSE:SEAS) has earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $15.00.
Several research analysts recently weighed in on the company. TheStreet downgraded SeaWorld Entertainment from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $12.00 price target on shares of SeaWorld Entertainment in a research report on Thursday, October 5th. FBR & Co cut SeaWorld Entertainment from an “outperform” rating to a “market perform” rating and set a $15.00 price target for the company. in a research report on Thursday, August 3rd. BidaskClub raised SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a report on Friday, November 10th. Finally, Barclays decreased their price objective on SeaWorld Entertainment from $17.00 to $10.00 and set an “underweight” rating for the company in a report on Friday, August 11th.
SeaWorld Entertainment (NYSE:SEAS) opened at $11.75 on Friday. The company has a market capitalization of $1,060.00, a price-to-earnings ratio of 12.00 and a beta of 0.73. SeaWorld Entertainment has a fifty-two week low of $10.42 and a fifty-two week high of $20.13. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04.
SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.14). SeaWorld Entertainment had a positive return on equity of 22.94% and a negative net margin of 15.32%. The firm had revenue of $437.70 million for the quarter, compared to analysts’ expectations of $453.58 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. equities analysts predict that SeaWorld Entertainment will post -2.27 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its holdings in SeaWorld Entertainment by 14.5% in the third quarter. Public Employees Retirement System of Ohio now owns 156,735 shares of the company’s stock valued at $2,036,000 after acquiring an additional 19,823 shares during the last quarter. Sterling Capital Management LLC lifted its stake in SeaWorld Entertainment by 22,754.8% during the third quarter. Sterling Capital Management LLC now owns 3,000,835 shares of the company’s stock worth $38,980,000 after purchasing an additional 2,987,705 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in SeaWorld Entertainment by 2,066.8% during the third quarter. Neuberger Berman Group LLC now owns 2,416,023 shares of the company’s stock worth $31,384,000 after purchasing an additional 2,304,523 shares in the last quarter. Walthausen & Co. LLC lifted its stake in SeaWorld Entertainment by 8.6% during the third quarter. Walthausen & Co. LLC now owns 1,184,392 shares of the company’s stock worth $15,385,000 after purchasing an additional 93,940 shares in the last quarter. Finally, Marathon Partners Equity Management LLC lifted its stake in SeaWorld Entertainment by 33.3% during the third quarter. Marathon Partners Equity Management LLC now owns 800,000 shares of the company’s stock worth $10,392,000 after purchasing an additional 200,000 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.
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About SeaWorld Entertainment
SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.
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