SeaWorld Entertainment (NYSE:SEAS) had its price objective lifted by equities research analysts at Credit Suisse Group from $34.00 to $52.00 in a research note issued on Tuesday, The Fly reports. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s target price would indicate a potential upside of 33.54% from the company’s previous close.
Several other equities analysts also recently weighed in on SEAS. Smith Barney Citigroup raised their price target on shares of SeaWorld Entertainment from $28.00 to $34.00 in a research note on Tuesday, December 1st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their price target on SeaWorld Entertainment from $28.00 to $34.00 in a report on Tuesday, December 1st. KeyCorp upped their target price on SeaWorld Entertainment from $21.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, November 9th. Zacks Investment Research cut shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, B. Riley lifted their target price on shares of SeaWorld Entertainment from $37.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, February 3rd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. SeaWorld Entertainment currently has a consensus rating of “Buy” and a consensus price target of $29.85.
NYSE SEAS opened at $38.94 on Tuesday. The company has a debt-to-equity ratio of 220.00, a current ratio of 1.60 and a quick ratio of 1.50. SeaWorld Entertainment has a 1-year low of $6.75 and a 1-year high of $40.66. The company has a market cap of $3.05 billion, a PE ratio of -10.47 and a beta of 2.37. The stock’s 50 day simple moving average is $32.27 and its 200-day simple moving average is $26.04.
Large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in SeaWorld Entertainment by 24.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,261 shares of the company’s stock worth $229,000 after purchasing an additional 1,437 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SeaWorld Entertainment by 1.6% during the third quarter. Envestnet Asset Management Inc. now owns 43,536 shares of the company’s stock worth $859,000 after buying an additional 688 shares in the last quarter. WINTON GROUP Ltd grew its position in shares of SeaWorld Entertainment by 2.4% during the third quarter. WINTON GROUP Ltd now owns 90,400 shares of the company’s stock worth $1,783,000 after buying an additional 2,109 shares in the last quarter. First Trust Advisors LP increased its stake in shares of SeaWorld Entertainment by 105.4% during the third quarter. First Trust Advisors LP now owns 30,631 shares of the company’s stock worth $604,000 after buying an additional 15,716 shares during the period. Finally, Landscape Capital Management L.L.C. raised its holdings in SeaWorld Entertainment by 9.2% in the third quarter. Landscape Capital Management L.L.C. now owns 58,991 shares of the company’s stock valued at $1,163,000 after acquiring an additional 4,993 shares in the last quarter. Hedge funds and other institutional investors own 97.81% 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 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.
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