Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Price Down 0.4% – Here’s Why

Shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) were down 0.4% during trading on Friday . The company traded as low as $27.13 and last traded at $27.22. Approximately 343,560 shares changed hands during trading, an increase of 39% from the average daily volume of 246,444 shares. The stock had previously closed at $27.33.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on PRSU shares. Craig Hallum reaffirmed a “buy” rating and set a $10.00 price objective on shares of Pursuit Attractions and Hospitality in a research report on Thursday, May 22nd. Stifel Nicolaus started coverage on shares of Pursuit Attractions and Hospitality in a research report on Thursday, May 29th. They set a “buy” rating and a $38.00 price objective for the company. Finally, Oppenheimer reduced their target price on shares of Pursuit Attractions and Hospitality from $50.00 to $41.00 and set an “outperform” rating for the company in a research report on Tuesday, May 13th.

Pursuit Attractions and Hospitality Price Performance

The firm’s 50-day moving average price is $29.00. The firm has a market capitalization of $769.24 million, a P/E ratio of 2.21, a P/E/G ratio of 1.90 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.97 and a current ratio of 1.09.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Thursday, May 8th. The company reported ($0.96) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.97) by $0.01. The company had revenue of $37.58 million during the quarter, compared to analysts’ expectations of $38.90 million. Pursuit Attractions and Hospitality had a net margin of 39.51% and a return on equity of 33.27%. As a group, analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current fiscal year.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.