Pursuit Attractions and Hospitality (NYSE:PRSU) Reaches New 52-Week High – Still a Buy?

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $55.70 and last traded at $54.6840, with a volume of 899791 shares changing hands. The stock had previously closed at $54.76.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PRSU shares. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Oppenheimer restated an “outperform” rating and issued a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $47.00.

Pursuit Attractions and Hospitality Stock Up 2.7%

The company has a quick ratio of 1.45, a current ratio of 1.54 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $45.36 and a two-hundred day simple moving average of $39.40. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 56.65, a P/E/G ratio of 2.36 and a beta of 1.41.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its position in Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of Pursuit Attractions and Hospitality by 4,831.2% during the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after purchasing an additional 773 shares during the last quarter. State of Wyoming acquired a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at $38,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Pursuit Attractions and Hospitality in the fourth quarter valued at $55,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Pursuit Attractions and Hospitality by 737.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock valued at $68,000 after buying an additional 1,659 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

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.