Oppenheimer Issues Positive Forecast for Pursuit Attractions and Hospitality (NYSE:PRSU) Stock Price

Pursuit Attractions and Hospitality (NYSE:PRSU) had its price objective boosted by Oppenheimer from $58.00 to $65.00 in a report released on Thursday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other brokerages have also recently weighed in on PRSU. Jefferies Financial Group started coverage on shares of Pursuit Attractions and Hospitality in a research note on Wednesday, September 9th. They set a “buy” rating and a $61.00 price objective for the company. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 16th. Citizens Jmp initiated coverage on Pursuit Attractions and Hospitality in a research note on Friday, September 25th. They issued a “market outperform” rating and a $64.00 target price on the stock. Zacks Research cut Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Citigroup began coverage on Pursuit Attractions and Hospitality in a research report on Friday, September 25th. They set an “outperform” rating for the company. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $58.50.

Pursuit Attractions and Hospitality Price Performance

Shares of NYSE PRSU opened at $54.01 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average price is $51.58 and its 200 day moving average price is $45.37. Pursuit Attractions and Hospitality has a 52 week low of $32.03 and a 52 week high of $58.62. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 2.10 and a beta of 1.46.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, November 4th. The company reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.02. Pursuit Attractions and Hospitality had a net margin of 9.59% and a return on equity of 7.63%. The company had revenue of $251.53 million during the quarter. As a group, research analysts forecast that Pursuit Attractions and Hospitality will post 1.79 earnings per share for the current fiscal year.

Institutional Trading of Pursuit Attractions and Hospitality

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Maryland State Retirement & Pension System purchased a new position in Pursuit Attractions and Hospitality during the third quarter worth about $219,000. CenterBook Partners LP acquired a new stake in Pursuit Attractions and Hospitality in the 3rd quarter worth about $400,000. Bridge City Capital LLC grew its holdings in Pursuit Attractions and Hospitality by 40.2% in the 3rd quarter. Bridge City Capital LLC now owns 6,065 shares of the company’s stock valued at $302,000 after buying an additional 1,740 shares during the period. State of Wyoming purchased a new stake in Pursuit Attractions and Hospitality in the 3rd quarter valued at about $200,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Pursuit Attractions and Hospitality during the 3rd quarter valued at about $55,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality, Inc (NYSE: PRSU) is a destination travel and leisure company that operates attractions, hotels, restaurants, retail outlets and guided tours. Its offerings are designed to provide visitors with travel experiences in scenic and gateway destinations, including sightseeing, adventure and nature-based activities.

The company’s portfolio includes attractions such as gondola rides, observation experiences, scenic tours and aerial sightseeing attractions, along with lodging and hospitality services.