Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Rating Upgraded by Zacks Research

Pursuit Attractions and Hospitality (NYSE:PRSU) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

Other research analysts have also recently issued research reports about the stock. Citigroup started coverage on shares of Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They set an “outperform” rating on the stock. Weiss Ratings cut shares of Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Citizens Jmp assumed coverage on shares of Pursuit Attractions and Hospitality in a report on Friday, September 25th. They issued a “market outperform” rating and a $64.00 price target on the stock. Finally, Jefferies Financial Group initiated coverage on shares of Pursuit Attractions and Hospitality in a research note on Wednesday, September 9th. They issued a “buy” rating and a $61.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Pursuit Attractions and Hospitality presently has a consensus rating of “Buy” and an average target price of $54.75.

Pursuit Attractions and Hospitality Price Performance

Shares of PRSU opened at $52.73 on Monday. The company has a market capitalization of $1.44 billion, a P/E ratio of 39.65, a price-to-earnings-growth ratio of 1.95 and a beta of 1.43. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $48.98 and a 200 day moving average of $46.67. Pursuit Attractions and Hospitality has a twelve month low of $32.03 and a twelve month high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%.The business had revenue of $133.49 million during the quarter. As a group, equities research analysts anticipate that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PRSU. AXQ Capital LP purchased a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $226,000. Oppenheimer Asset Management Inc. acquired a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth $293,000. Alpine Woods Capital Investors LLC purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $307,000. The Manufacturers Life Insurance Company acquired a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $311,000. Finally, Forum Financial Management LP acquired a new stake in shares of Pursuit Attractions and Hospitality in the first quarter valued at approximately $323,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

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.