$1.51 EPS Expected for SeaWorld Entertainment, Inc. (NYSE:SEAS) This Quarter

Equities analysts predict that SeaWorld Entertainment, Inc. (NYSE:SEAS – Get Rating) will post $1.51 earnings per share for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for SeaWorld Entertainment’s earnings, with the highest EPS estimate coming in at $1.62 and the lowest estimate coming in at $1.20. SeaWorld Entertainment posted earnings per share of $1.59 in the same quarter last year, which suggests a negative year over year growth rate of 5%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that SeaWorld Entertainment will report full-year earnings of $4.30 per share for the current fiscal year, with EPS estimates ranging from $3.98 to $4.42. For the next year, analysts expect that the company will post earnings of $4.50 per share, with EPS estimates ranging from $2.60 to $5.23. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS – Get Rating) last released its earnings results on Thursday, May 5th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.02. SeaWorld Entertainment had a net margin of 18.25% and a negative return on equity of 2,323.61%. The company had revenue of $270.70 million for the quarter, compared to analysts’ expectations of $263.23 million. During the same quarter last year, the business earned ($0.57) EPS. The firm’s revenue was up 57.5% compared to the same quarter last year.

A number of equities research analysts have commented on the stock. B. Riley raised their target price on shares of SeaWorld Entertainment from $83.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, April 21st. Citigroup reduced their price objective on shares of SeaWorld Entertainment from $74.00 to $68.00 in a research report on Friday. Zacks Investment Research upgraded shares of SeaWorld Entertainment from a “sell” rating to a “hold” rating and set a $80.00 price objective on the stock in a research report on Tuesday, March 1st. StockNews.com upgraded shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of SeaWorld Entertainment from $74.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, March 4th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, SeaWorld Entertainment currently has a consensus rating of “Buy” and a consensus target price of $79.90.

NYSE SEAS opened at $60.89 on Friday. SeaWorld Entertainment has a 12 month low of $41.94 and a 12 month high of $76.57. The stock has a market cap of $4.44 billion, a price-to-earnings ratio of 16.59 and a beta of 2.13. The company’s 50 day moving average is $68.44 and its two-hundred day moving average is $65.74. The company has a current ratio of 1.53, a quick ratio of 1.45 and a debt-to-equity ratio of 183.53.

In other SeaWorld Entertainment news, CEO Marc Swanson sold 6,298 shares of the business’s stock in a transaction on Friday, March 25th. The shares were sold at an average price of $73.88, for a total transaction of $465,296.24. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Elizabeth Gulacsy sold 10,500 shares of the business’s stock in a transaction on Monday, April 18th. The shares were sold at an average price of $73.34, for a total transaction of $770,070.00. Following the transaction, the insider now owns 67,479 shares in the company, valued at approximately $4,948,909.86. The disclosure for this sale can be found here. Insiders sold 26,800 shares of company stock worth $1,957,859 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of SEAS. Deutsche Bank AG increased its position in SeaWorld Entertainment by 8.8% during the third quarter. Deutsche Bank AG now owns 160,584 shares of the company’s stock valued at $8,883,000 after acquiring an additional 12,954 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in SeaWorld Entertainment by 549.5% in the 3rd quarter. Advisor Group Holdings Inc. now owns 11,425 shares of the company’s stock worth $632,000 after buying an additional 9,666 shares during the period. Russell Investments Group Ltd. lifted its holdings in SeaWorld Entertainment by 57.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 670,146 shares of the company’s stock valued at $37,501,000 after buying an additional 244,855 shares in the last quarter. Swiss National Bank boosted its position in SeaWorld Entertainment by 1.1% in the 3rd quarter. Swiss National Bank now owns 113,500 shares of the company’s stock valued at $6,279,000 after buying an additional 1,200 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its position in SeaWorld Entertainment by 0.8% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 22,736 shares of the company’s stock valued at $1,258,000 after buying an additional 190 shares during the period.

About SeaWorld Entertainment (Get Rating)

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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