Analysts Set Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) PT at $34.00

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has earned an average recommendation of “Buy” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $34.00.

PRSU has been the topic of a number of research reports. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 11th. Stifel Nicolaus upped their target price on shares of Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Oppenheimer reiterated an “outperform” rating and issued a $48.00 price objective on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Monday, December 8th. Finally, Wall Street Zen upgraded Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th.

Insiders Place Their Bets

In other Pursuit Attractions and Hospitality news, CEO David W. Barry bought 755 shares of the business’s stock in a transaction on Monday, November 17th. The stock was purchased at an average price of $33.39 per share, for a total transaction of $25,209.45. Following the completion of the transaction, the chief executive officer directly 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 acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Illinois Municipal Retirement Fund lifted its stake in shares of Pursuit Attractions and Hospitality by 4.1% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 11,535 shares of the company’s stock valued at $417,000 after acquiring an additional 456 shares during the last quarter. CenterBook Partners LP increased its stake in Pursuit Attractions and Hospitality by 3.8% in the 3rd quarter. CenterBook Partners LP now owns 16,546 shares of the company’s stock worth $599,000 after purchasing an additional 602 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Pursuit Attractions and Hospitality by 4,831.3% during the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after purchasing an additional 773 shares during the period. Finally, SkyView Investment Advisors LLC grew its holdings in shares of Pursuit Attractions and Hospitality by 3.3% in the second quarter. SkyView Investment Advisors LLC now owns 24,157 shares of the company’s stock worth $698,000 after purchasing an additional 783 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Price Performance

Pursuit Attractions and Hospitality stock opened at $37.28 on Friday. The company has a market capitalization of $1.05 billion, a PE ratio of 2.98, a P/E/G ratio of 1.85 and a beta of 1.50. The stock has a 50-day moving average price of $34.88 and a two-hundred day moving average price of $33.39. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 0.18. Pursuit Attractions and Hospitality has a 12 month low of $26.66 and a 12 month high of $46.50.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $241.02 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 17.61% and a net margin of 82.54%. Analysts expect that Pursuit Attractions and Hospitality will post 1.25 EPS for the current 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.