Pursuit Attractions and Hospitality (NYSE:PRSU) Reaches New 1-Year High – Still a Buy?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) shares hit 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 traded. The stock had previously closed at $47.96.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Oppenheimer restated an “outperform” rating and set a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Finally, Zacks Research upgraded shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Pursuit Attractions and Hospitality has an average rating of “Buy” and an average target price of $47.00.

Pursuit Attractions and Hospitality Stock Performance

The stock has a market cap of $1.32 billion, a P/E ratio of 48.88, a price-to-earnings-growth ratio of 2.08 and a beta of 1.41. The firm’s 50-day moving average is $42.57 and its two-hundred day moving average is $37.90. The company has a quick ratio of 1.45, a current ratio of 1.54 and a debt-to-equity ratio of 0.36.

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

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

A number of institutional investors have recently modified their holdings of PRSU. Caitong International Asset Management Co. Ltd raised its position in shares of Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares during the period. Larson Financial Group LLC raised its position 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 valued at $29,000 after purchasing an additional 773 shares during the period. State of Wyoming bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $38,000. Kemnay Advisory Services Inc. bought a new position in shares of Pursuit Attractions and Hospitality in the fourth quarter valued at approximately $55,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $67,000. 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.