Pursuit Attractions and Hospitality (NYSE:PRSU) Hits New 1-Year High – Time to Buy?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) reached a new 52-week high during trading on Monday . The stock traded as high as $48.56 and last traded at $48.3330, with a volume of 193282 shares trading hands. The stock had previously closed at $47.96.

Wall Street Analysts Forecast Growth

PRSU has been the subject of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Zacks Research raised shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Stock Up 0.8%

The stock has a market cap of $1.34 billion, a PE ratio of 49.46, a price-to-earnings-growth ratio of 2.10 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 1.54. The company’s 50-day moving average price is $43.01 and its 200 day moving average price is $38.11.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.94) EPS for the quarter, hitting the consensus estimate of ($0.94). Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%.The firm had revenue of $51.64 million for the quarter. As a group, analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Comerica Bank raised its stake in shares of Pursuit Attractions and Hospitality by 136.4% in the fourth quarter. Comerica Bank now owns 73,994 shares of the company’s stock worth $2,492,000 after buying an additional 42,699 shares during the period. ArrowMark Colorado Holdings LLC raised its stake in shares of Pursuit Attractions and Hospitality by 99.7% in the third quarter. ArrowMark Colorado Holdings LLC now owns 306,545 shares of the company’s stock worth $11,091,000 after buying an additional 153,059 shares during the period. Advisory Research Inc. raised its stake in shares of Pursuit Attractions and Hospitality by 16.0% in the third quarter. Advisory Research Inc. now owns 726,784 shares of the company’s stock worth $26,295,000 after buying an additional 100,000 shares during the period. GRS Advisors LLC bought a new position in shares of Pursuit Attractions and Hospitality in the third quarter worth about $28,507,000. Finally, Royce & Associates LP raised its stake in shares of Pursuit Attractions and Hospitality by 15.9% in the third quarter. Royce & Associates LP now owns 293,113 shares of the company’s stock worth $10,605,000 after buying an additional 40,200 shares during the period. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.