Pursuit Attractions and Hospitality (NYSE:PRSU) Sets New 52-Week High – Time to Buy?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $45.75 and last traded at $45.38, with a volume of 8470 shares. The stock had previously closed at $44.60.

Analyst Ratings Changes

PRSU has been the subject of a number of analyst reports. Zacks Research upgraded Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Oppenheimer restated an “outperform” rating and issued a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pursuit Attractions and Hospitality presently has an average rating of “Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.24 billion, a P/E ratio of 45.68, a PEG ratio of 1.90 and a beta of 1.41. The business’s fifty day simple moving average is $41.71 and its 200-day simple moving average is $37.51.

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

Institutional Trading of Pursuit Attractions and Hospitality

A number of large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth about $295,000. American Century Companies Inc. purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $1,297,000. Invesco Ltd. purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $3,838,000. First Trust Advisors LP purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $1,365,000. Finally, Marshall Wace LLP purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $4,038,000. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Company Profile

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.