Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Stock Has Consensus Price Target of $54.75

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has been assigned an average recommendation of “Buy” from the seven analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $54.75.

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group assumed coverage on Pursuit Attractions and Hospitality in a research note on Wednesday, September 9th. They issued a “buy” rating and a $61.00 target price for the company. Weiss Ratings lowered Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Citizens Jmp assumed coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They issued a “market outperform” rating and a $64.00 price target on the stock. Zacks Research upgraded Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Citigroup initiated coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They set an “outperform” rating for the company.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Pursuit Attractions and Hospitality during the second quarter valued at approximately $183,218,000. River Road Asset Management LLC boosted its holdings in Pursuit Attractions and Hospitality by 3.6% in the fourth quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock valued at $68,458,000 after acquiring an additional 69,794 shares in the last quarter. TimesSquare Capital Management LLC bought a new stake in Pursuit Attractions and Hospitality in the second quarter valued at $45,700,000. Dimensional Fund Advisors LP increased its position in Pursuit Attractions and Hospitality by 19.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 716,583 shares of the company’s stock valued at $26,247,000 after purchasing an additional 118,059 shares during the period. Finally, Sei Investments Co. increased its position in Pursuit Attractions and Hospitality by 28.9% during the 1st quarter. Sei Investments Co. now owns 207,993 shares of the company’s stock valued at $7,619,000 after purchasing an additional 46,571 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Stock Down 0.6%

Shares of NYSE PRSU opened at $52.18 on Friday. The stock has a market capitalization of $1.42 billion, a P/E ratio of 39.24, a PEG ratio of 1.96 and a beta of 1.43. Pursuit Attractions and Hospitality has a one year low of $32.03 and a one year high of $56.51. The firm’s 50 day simple moving average is $49.00 and its two-hundred day simple moving average is $46.92. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The company had revenue of $133.49 million for the quarter. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. As a group, analysts expect that Pursuit Attractions and Hospitality will post 1.79 EPS for the current fiscal year.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc operates a portfolio of experiential travel businesses in North America. The company combines destination attractions, guided tours, lodging, and related hospitality services in scenic gateway destinations.

Its offerings include sightseeing and adventure experiences such as mountain gondolas, glacier excursions, scenic tours, wildlife and marine tours, and other destination-based activities. Pursuit also operates hotels, lodges, campgrounds, restaurants, retail outlets, and transportation services designed to support travelers visiting national parks and other prominent natural attractions.

The company serves visitors in destinations across Canada and the United States, including the Canadian Rockies, Alaska, and Montana’s Glacier National Park region.