Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Rating Lowered by Zacks Research

Pursuit Attractions and Hospitality (NYSE:PRSU) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, Zacks reports.

A number of other equities research analysts have also weighed in on PRSU. Jefferies Financial Group initiated coverage on Pursuit Attractions and Hospitality in a research note on Wednesday, September 9th. They set a “buy” rating and a $61.00 price objective for the company. Citizens Jmp began coverage on Pursuit Attractions and Hospitality in a report on Friday, September 25th. They set a “market outperform” rating and a $64.00 price objective on the stock. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Finally, Citigroup started coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They set an “outperform” rating for the company. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Pursuit Attractions and Hospitality presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.75.

Pursuit Attractions and Hospitality Trading Down 0.4%

NYSE PRSU opened at $55.86 on Tuesday. Pursuit Attractions and Hospitality has a one year low of $32.03 and a one year high of $58.62. The company’s 50 day moving average price is $51.50 and its 200 day moving average price is $45.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.61. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 42.00, a PEG ratio of 2.09 and a beta of 1.46.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.02. The company had revenue of $251.53 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. On average, sell-side analysts predict that Pursuit Attractions and Hospitality will post 1.79 EPS for the current year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Several institutional investors have recently bought and sold shares of the stock. CenterBook Partners LP acquired a new position in shares of Pursuit Attractions and Hospitality during the 3rd quarter valued at $400,000. Bridge City Capital LLC grew its holdings in shares of Pursuit Attractions and Hospitality by 40.2% in the 3rd quarter. Bridge City Capital LLC now owns 6,065 shares of the company’s stock worth $302,000 after acquiring an additional 1,740 shares during the last quarter. State of Wyoming acquired a new position in shares of Pursuit Attractions and Hospitality in the 3rd quarter worth $200,000. Fortitude Family Office LLC acquired a new stake in shares of Pursuit Attractions and Hospitality during the third quarter worth $55,000. Finally, Farther Finance Advisors LLC raised its position in shares of Pursuit Attractions and Hospitality by 1,501.0% during the third quarter. Farther Finance Advisors LLC now owns 1,665 shares of the company’s stock worth $83,000 after purchasing an additional 1,561 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.