SeaWorld Entertainment Inc (SEAS) Receives Consensus Rating of “Hold” from Brokerages

Shares of SeaWorld Entertainment Inc (NYSE:SEAS) have earned an average rating of “Hold” from the fifteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $23.33.

Several research analysts have issued reports on the company. B. Riley increased their price objective on SeaWorld Entertainment from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 9th. Citigroup lowered SeaWorld Entertainment from a “neutral” rating to a “sell” rating and set a $15.00 price objective for the company. in a research note on Tuesday, June 12th. Stifel Nicolaus reiterated a “buy” rating and set a $35.00 price objective (up from $27.00) on shares of SeaWorld Entertainment in a research note on Monday, August 6th. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research note on Wednesday, May 2nd. Finally, TheStreet upgraded SeaWorld Entertainment from a “c” rating to a “b-” rating in a research note on Tuesday, August 7th.

SEAS stock traded up $0.48 during midday trading on Thursday, hitting $25.66. The stock had a trading volume of 1,249,900 shares, compared to its average volume of 2,226,135. The stock has a market cap of $2.20 billion, a P/E ratio of 122.19 and a beta of 0.77. SeaWorld Entertainment has a 52 week low of $10.42 and a 52 week high of $26.26. The company has a debt-to-equity ratio of 5.54, a current ratio of 0.44 and a quick ratio of 0.34.



SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings data on Monday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). SeaWorld Entertainment had a positive return on equity of 6.69% and a negative net margin of 0.42%. The company had revenue of $391.90 million for the quarter, compared to analyst estimates of $369.29 million. During the same quarter in the prior year, the company earned ($2.05) earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. equities research analysts anticipate that SeaWorld Entertainment will post 0.61 EPS for the current year.

In other news, insider Jack Roddy sold 9,714 shares of the firm’s stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $18.52, for a total value of $179,903.28. Following the completion of the sale, the insider now directly owns 184,863 shares in the company, valued at $3,423,662.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.20% of the company’s stock.

Several large investors have recently made changes to their positions in the company. California Public Employees Retirement System increased its stake in shares of SeaWorld Entertainment by 1.7% in the first quarter. California Public Employees Retirement System now owns 214,587 shares of the company’s stock valued at $3,182,000 after buying an additional 3,492 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of SeaWorld Entertainment by 9.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 53,128 shares of the company’s stock valued at $1,159,000 after buying an additional 4,510 shares in the last quarter. Point72 Hong Kong Ltd increased its stake in shares of SeaWorld Entertainment by 76.9% in the second quarter. Point72 Hong Kong Ltd now owns 11,335 shares of the company’s stock valued at $247,000 after buying an additional 4,928 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in shares of SeaWorld Entertainment by 99.2% in the first quarter. Cubist Systematic Strategies LLC now owns 10,200 shares of the company’s stock valued at $151,000 after buying an additional 5,080 shares in the last quarter. Finally, Massey Quick Simon & CO. LLC acquired a new stake in shares of SeaWorld Entertainment in the second quarter valued at $141,000. Institutional investors own 98.08% of the company’s stock.

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 marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.

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Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

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