Weiss Ratings Reiterates Hold (C) Rating for Pursuit Attractions and Hospitality (NYSE:PRSU)

Pursuit Attractions and Hospitality (NYSE:PRSU)‘s stock had its “hold (c)” rating restated by analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Separately, Oppenheimer reiterated an “outperform” rating on shares of Pursuit Attractions and Hospitality in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Pursuit Attractions and Hospitality presently has a consensus rating of “Moderate Buy” and an average price target of $29.67.

Pursuit Attractions and Hospitality Trading Down 0.3%

Shares of NYSE:PRSU opened at $34.97 on Wednesday. The company has a market cap of $988.60 million, a PE ratio of 3.03, a P/E/G ratio of 2.13 and a beta of 1.76. The company’s 50-day moving average price is $35.54 and its 200 day moving average price is $32.02. Pursuit Attractions and Hospitality has a fifty-two week low of $26.66 and a fifty-two week high of $47.49. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.10. The firm had revenue of $116.74 million for the quarter, compared to the consensus estimate of $110.30 million. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. Sell-side analysts anticipate that Pursuit Attractions and Hospitality will post 1.25 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jill Bright bought 1,000 shares of the stock in a transaction on Tuesday, August 26th. The shares were purchased at an average price of $36.77 per share, with a total value of $36,770.00. Following the purchase, the director owned 6,311 shares in the company, valued at approximately $232,055.47. This represents a 18.83% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.71% of the company’s stock.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Large investors have recently bought and sold shares of the stock. Veracity Capital LLC acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $3,497,000. State of Alaska Department of Revenue acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $367,000. AlphaQuest LLC acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $87,000. Redmond Asset Management LLC acquired a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $915,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.