Pursuit Attractions and Hospitality (NYSE:PRSU) Hits New 12-Month High – Here’s What Happened

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) shares reached a new 52-week high on Wednesday . The company traded as high as $45.75 and last traded at $45.52, with a volume of 25314 shares traded. The stock had previously closed at $44.38.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PRSU. Oppenheimer reissued an “outperform” rating and set a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Zacks Research raised shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pursuit Attractions and Hospitality currently has a consensus rating of “Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Stock Up 1.6%

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 1.54. The stock has a market capitalization of $1.23 billion, a P/E ratio of 45.54, a price-to-earnings-growth ratio of 1.92 and a beta of 1.41. The stock’s fifty day simple moving average is $40.14 and its two-hundred day simple moving average is $36.82.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.94). Pursuit Attractions and Hospitality had a net margin of 6.19% and a return on equity of 5.30%. The firm had revenue of $51.64 million for the quarter. As a group, research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its stake in shares of Pursuit Attractions and Hospitality by 803.5% in the 3rd 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% in the 3rd 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 last quarter. State of Wyoming bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $38,000. Kemnay Advisory Services Inc. bought a new stake in shares of Pursuit Attractions and Hospitality in the 4th quarter valued at $55,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $67,000. 89.91% of the stock is owned by institutional investors.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.