Pursuit Attractions and Hospitality (NYSE:PRSU) Trading Down 1% – Time to Sell?

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) fell 1% on Wednesday . The company traded as low as $34.35 and last traded at $34.92. 340,127 shares traded hands during trading, a decline of 1% from the average session volume of 342,207 shares. The stock had previously closed at $35.28.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PRSU. Oppenheimer reaffirmed an “outperform” rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 8th. Craig Hallum reaffirmed a “buy” rating and set a $10.00 target price on shares of Pursuit Attractions and Hospitality in a report on Thursday, May 22nd. Finally, Stifel Nicolaus began coverage on Pursuit Attractions and Hospitality in a report on Thursday, May 29th. They set a “buy” rating and a $38.00 target price for the company. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $29.67.

Pursuit Attractions and Hospitality Trading Down 1.0%

The stock has a market cap of $987.36 million, a P/E ratio of 3.02, a P/E/G ratio of 2.14 and a beta of 1.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04. The stock has a 50-day moving average price of $30.71 and a 200-day moving average price of $32.62.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.10. The firm had revenue of $116.74 million during the quarter, compared to the consensus estimate of $110.30 million. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%. On average, equities research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Institutional Trading of Pursuit Attractions and Hospitality

Large investors have recently modified their holdings of the business. DekaBank Deutsche Girozentrale bought a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $32,000. State of Wyoming bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $38,000. Ameritas Investment Partners Inc. bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $58,000. Tower Research Capital LLC TRC bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $67,000. Finally, AlphaQuest LLC bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $87,000. Institutional investors own 89.91% of the company’s stock.

About Pursuit Attractions and Hospitality

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.