SeaWorld Entertainment, Inc. (SEAS) - Barclays Holds Rating And Sets New Price Target

Brunilde Fioravanti
Settembre 17, 2017

The company experienced a rise in short interest of 18.68% as of August 15, 2017 from the last reporting period. The 50 day moving average was down $-0.39 and the 200 day average was down $-3.19. Approximately 45.1% of the shares of the stock are sold short.

03/03/2016 - SeaWorld Entertainment, Inc. had its "buy" rating reiterated by analysts at Buckingham Research. Stifel Nicolaus reaffirmed a "buy" rating and set a $16.00 price objective (down from $23.00) on shares of SeaWorld Entertainment in a research report on Wednesday, August 2nd. On July 27 the company was rated "Neutral" in a report from Macquarie which is down from the previous "Outperform" rating. The average twelve-month target price among brokers that have issued ratings on the stock in the a year ago is $14.56. Finally, Goldman Sachs Group, Inc.

On July 28 the stock rating was upgraded to "Neutral" from "Neutral" in a report issued by Citigroup. The company now has an average rating of "Hold" and an average target price of $17.42.

On Thursday, August 24th, Hill Path Capital Partners Lp purchased 337,000 shares of SeaWorld Entertainment stock. The shares were bought at an average cost of $15.54 per share, for a total transaction of $846,930.00.

This stock (SEAS) is ahead of its 52-week low with 19.1%. Its last month's stock price volatility remained 4.47% which for the week stands at 3.69%. The disclosure for this purchase can be found here.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company.

On Tuesday, August 15th, Hill Path Capital Partners Lp purchased 44,600 shares of SeaWorld Entertainment stock.

The share price of SeaWorld Entertainment, Inc. Finally, Penn Capital Management Co. Inc. grew its position in SeaWorld Entertainment by 39.5% during the second quarter. Penn Capital Management Co. Inc. now owns 1,069,752 shares of the company's stock valued at $17,554,000 after purchasing an additional 302,965 shares in the last quarter.

Shares of SeaWorld Entertainment (NYSE SEAS) traded down 1.51% on Friday, reaching $13.02. The stock had a trading volume of 1,121,886 shares.

The stock's 50 day moving average is 13.37 and its 200 day moving average is 16.16. The stock's market cap is $1.12 billion. SeaWorld Entertainment has a 12 month low of $11.77 and a 12 month high of $21.84. Alpha Windward LLC acquired a new position in shares of SeaWorld Entertainment in the 2nd quarter valued at about $403,000. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.77. The business had revenue of $373.80 million for the quarter, compared to the consensus estimate of $395.24 million. SeaWorld Entertainment had a negative net margin of 13.95% and a positive return on equity of 23.32%. The company's revenue for the quarter was up.7% on a year-over-year basis. On average, equities research analysts predict that SeaWorld Entertainment will post ($1.13) earnings per share for the current fiscal year. The legal version of this report can be read at https://weekherald.com/2017/09/17/seaworld-entertainment-inc-seas-downgraded-by-valuengine-to-hold.html. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & global trademark & copyright law.

Analysts have placed a $14.14 price target on SeaWorld Entertainment, Inc., suggesting a 6.96% gain from recent close. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

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