Shares of SeaWorld Entertainment, Inc. (NYSE:SEAS) have been given an average rating of “Buy” by the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $51.00.
Several analysts have issued reports on SEAS shares. TheStreet lowered shares of SeaWorld Entertainment from a “c-” rating to a “d+” rating in a research report on Monday. Stifel Nicolaus upped their target price on shares of SeaWorld Entertainment from $73.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, July 15th. B. Riley lifted their price target on SeaWorld Entertainment from $65.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, May 7th. KeyCorp upped their price objective on SeaWorld Entertainment from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday, May 7th. Finally, Zacks Investment Research downgraded SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, June 25th.
In other news, insider George Anthony Taylor sold 87,943 shares of the company’s stock in a transaction on Thursday, May 27th. The stock was sold at an average price of $54.46, for a total transaction of $4,789,375.78. Following the completion of the sale, the insider now directly owns 249,754 shares in the company, valued at approximately $13,601,602.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Christopher Dold sold 2,000 shares of the stock in a transaction on Friday, April 30th. The stock was sold at an average price of $54.65, for a total value of $109,300.00. Following the sale, the insider now directly owns 107,569 shares in the company, valued at $5,878,645.85. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.
SEAS opened at $46.95 on Monday. The stock’s 50-day moving average is $51.92. SeaWorld Entertainment has a 52-week low of $13.91 and a 52-week high of $58.26. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of -12.23 and a beta of 2.45.
SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Thursday, May 6th. The company reported ($0.57) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.83) by $0.26. The company had revenue of $171.90 million for the quarter, compared to the consensus estimate of $125.40 million. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.72) EPS. On average, equities analysts forecast that SeaWorld Entertainment will post 1.13 EPS for the current year.
About SeaWorld Entertainment
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.
Read More: Why are percentage decliners important?
Receive News & Ratings for SeaWorld Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.