Pursuit Attractions and Hospitality (NYSE:PRSU) Price Target Raised to $44.00 at Stifel Nicolaus

Pursuit Attractions and Hospitality (NYSE:PRSU) had its price target upped by Stifel Nicolaus from $43.00 to $44.00 in a report issued on Wednesday, MarketBeat Ratings reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other equities research analysts have also commented on PRSU. Oppenheimer restated an “outperform” rating and issued a $48.00 price target on shares of Pursuit Attractions and Hospitality in a report on Friday, November 7th. Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Monday. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.00.

Pursuit Attractions and Hospitality Price Performance

Pursuit Attractions and Hospitality stock opened at $35.62 on Wednesday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 2.85, a price-to-earnings-growth ratio of 1.83 and a beta of 1.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.97. Pursuit Attractions and Hospitality has a 1 year low of $26.66 and a 1 year high of $46.66. The firm has a 50-day moving average of $34.87 and a two-hundred day moving average of $33.18.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Pursuit Attractions and Hospitality had a net margin of 82.54% and a return on equity of 17.61%. The business had revenue of $241.02 million for the quarter. On average, research analysts forecast that Pursuit Attractions and Hospitality will post 1.25 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO David W. Barry purchased 755 shares of the business’s stock in a transaction on Monday, November 17th. The shares were acquired at an average cost of $33.39 per share, with a total value of $25,209.45. Following the completion of the acquisition, the chief executive officer owned 110,430 shares of the company’s stock, valued at $3,687,257.70. This trade represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.71% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Crestview Partners IV GP L.P. purchased a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth $193,103,000. River Road Asset Management LLC acquired a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth about $59,213,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $43,665,000. GRS Advisors LLC acquired a new position in shares of Pursuit Attractions and Hospitality in the 3rd quarter valued at about $28,507,000. Finally, Alliancebernstein L.P. purchased a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth about $20,657,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

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.