Q2 2019 EPS Estimates for SeaWorld Entertainment Inc (SEAS) Raised by Analyst

SeaWorld Entertainment Inc (NYSE:SEAS) – Equities research analysts at KeyCorp upped their Q2 2019 earnings per share estimates for SeaWorld Entertainment in a report released on Thursday, April 11th. KeyCorp analyst B. Andress now expects that the company will post earnings of $0.51 per share for the quarter, up from their prior estimate of $0.49. KeyCorp has a “Buy” rating and a $37.00 price objective on the stock. KeyCorp also issued estimates for SeaWorld Entertainment’s FY2019 earnings at $1.38 EPS and FY2020 earnings at $1.68 EPS.

SEAS has been the topic of several other reports. Macquarie upgraded SeaWorld Entertainment from a “neutral” rating to an “outperform” rating and set a $26.12 price target on the stock in a research report on Friday, March 8th. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Saturday, March 2nd. Wedbush raised their price target on SeaWorld Entertainment from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, March 1st. TheStreet lowered SeaWorld Entertainment from a “b-” rating to a “c” rating in a report on Friday, March 29th. Finally, Citigroup lifted their target price on SeaWorld Entertainment from $21.00 to $22.00 and gave the stock a “sell” rating in a report on Tuesday, March 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company’s stock. SeaWorld Entertainment has a consensus rating of “Buy” and a consensus price target of $32.31.

NYSE:SEAS opened at $24.01 on Monday. SeaWorld Entertainment has a 12-month low of $14.69 and a 12-month high of $32.47. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.36 and a current ratio of 0.47. The firm has a market capitalization of $2.09 billion, a PE ratio of 23.54, a P/E/G ratio of 2.85 and a beta of 1.48.

SeaWorld Entertainment (NYSE:SEAS) last posted its quarterly earnings results on Thursday, February 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.13). SeaWorld Entertainment had a return on equity of 28.25% and a net margin of 3.26%. The business had revenue of $280.00 million for the quarter, compared to analyst estimates of $276.09 million. During the same period last year, the company earned ($0.24) EPS. The firm’s revenue was up 5.5% on a year-over-year basis.

A number of institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. grew its holdings in SeaWorld Entertainment by 47.7% during the fourth quarter. Advisor Group Inc. now owns 1,595 shares of the company’s stock worth $35,000 after purchasing an additional 515 shares during the period. Cerebellum GP LLC grew its holdings in SeaWorld Entertainment by 10.1% during the fourth quarter. Cerebellum GP LLC now owns 6,505 shares of the company’s stock worth $144,000 after purchasing an additional 596 shares during the period. Principal Financial Group Inc. grew its holdings in SeaWorld Entertainment by 15.2% during the fourth quarter. Principal Financial Group Inc. now owns 9,207 shares of the company’s stock worth $203,000 after purchasing an additional 1,212 shares during the period. Teachers Advisors LLC grew its holdings in SeaWorld Entertainment by 1.1% during the third quarter. Teachers Advisors LLC now owns 112,254 shares of the company’s stock worth $3,528,000 after purchasing an additional 1,215 shares during the period. Finally, Quantamental Technologies LLC bought a new position in SeaWorld Entertainment during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 84.52% of the company’s stock.

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 SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.

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Earnings History and Estimates for SeaWorld Entertainment (NYSE:SEAS)

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