Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Receives $34.00 Average Price Target from Analysts

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) have been assigned an average recommendation of “Buy” from the five analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $34.00.

Several equities research analysts have weighed in on the company. Zacks Research upgraded Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. Stifel Nicolaus upped their price objective on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Monday, December 29th. Oppenheimer reiterated an “outperform” rating and issued a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Finally, Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, November 15th.

Pursuit Attractions and Hospitality Trading Up 5.0%

Shares of Pursuit Attractions and Hospitality stock opened at $37.50 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. Pursuit Attractions and Hospitality has a 12-month low of $26.66 and a 12-month high of $41.72. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 3.00, a PEG ratio of 1.91 and a beta of 1.46. The firm’s 50-day moving average price is $34.64 and its two-hundred day moving average price is $34.82.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $241.02 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 82.54% and a return on equity of 17.61%. On average, analysts forecast that Pursuit Attractions and Hospitality will post 1.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO David W. Barry acquired 755 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average price of $33.39 per share, with a total value of $25,209.45. Following the purchase, the chief executive officer directly owned 110,430 shares in the company, valued at approximately $3,687,257.70. This trade represents a 0.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.71% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd increased its position in Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after acquiring an additional 691 shares during the period. Larson Financial Group LLC grew its stake in shares of Pursuit Attractions and Hospitality by 4,831.3% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after purchasing an additional 773 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in Pursuit Attractions and Hospitality in the second quarter valued at $32,000. State of Wyoming bought a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth $38,000. Finally, Ameritas Investment Partners Inc. acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth about $58,000. Institutional investors own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

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.