SeaWorld Entertainment Inc (NYSE:SEAS) has been given a consensus rating of “Buy” by the eleven analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $30.25.
Several research firms have recently weighed in on SEAS. Stifel Nicolaus reaffirmed a “buy” rating and set a $35.00 target price (up from $27.00) on shares of SeaWorld Entertainment in a report on Monday, August 6th. Macquarie raised shares of SeaWorld Entertainment from an “underperform” rating to a “neutral” rating and set a $26.00 target price for the company in a report on Tuesday, August 7th. Wedbush set a $24.00 target price on shares of SeaWorld Entertainment and gave the company a “hold” rating in a report on Tuesday, August 7th. SunTrust Banks lifted their target price on shares of SeaWorld Entertainment to $30.00 and gave the company a “buy” rating in a report on Tuesday, August 7th. Finally, B. Riley lifted their target price on shares of SeaWorld Entertainment from $17.00 to $26.00 and gave the company a “neutral” rating in a report on Tuesday, August 7th.
Several large investors have recently bought and sold shares of SEAS. UBS Group AG grew its stake in SeaWorld Entertainment by 9,283.1% in the 1st quarter. UBS Group AG now owns 141,779 shares of the company’s stock valued at $2,102,000 after acquiring an additional 140,268 shares during the period. Fox Run Management L.L.C. acquired a new stake in SeaWorld Entertainment in the 2nd quarter valued at $532,000. DSAM Partners London Ltd acquired a new stake in SeaWorld Entertainment in the 2nd quarter valued at $12,290,000. Aperio Group LLC acquired a new stake in SeaWorld Entertainment in the 2nd quarter valued at $241,000. Finally, Emerald Advisers Inc. PA grew its stake in SeaWorld Entertainment by 10.4% in the 2nd quarter. Emerald Advisers Inc. PA now owns 940,873 shares of the company’s stock valued at $20,530,000 after acquiring an additional 88,513 shares during the period. 81.30% of the stock is owned by hedge funds and other institutional investors.
SeaWorld Entertainment (NYSE:SEAS) last posted its quarterly earnings results on Monday, November 5th. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). SeaWorld Entertainment had a return on equity of 21.33% and a net margin of 2.61%. The business had revenue of $483.20 million for the quarter, compared to analysts’ expectations of $479.67 million. During the same period in the prior year, the business posted $0.64 earnings per share. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. Analysts expect that SeaWorld Entertainment will post 0.71 EPS for the current year.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.
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