Seaworld Entertainment Hits New 52-Week Low at $27.94 (SEAS)
Shares of Seaworld Entertainment (NASDAQ:SEAS) hit a new 52-week low during trading on Tuesday, StockRatingsNetwork.com reports. The stock traded as low as $27.94 and last traded at $27.95, with a volume of 196,808 shares trading hands. The stock had previously closed at $29.13.
Separately, analysts at Barclays Capital cut their price target on shares of Seaworld Entertainment from $40.00 to $39.00 in a research note to investors on Wednesday, August 14th. They now have an “overweight” rating on the stock. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $39.68.
Seaworld Entertainment has a 1-year low of $28.38 and a 1-year high of $39.65. The stock has a 50-day moving average of $30.86 and a 200-day moving average of $34.73. The company has a market cap of $2.630 billion and a P/E ratio of 91.60.
Seaworld Entertainment (NASDAQ:SEAS) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.41 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.51 by $0.10. The company had revenue of $649.90 million for the quarter, compared to the consensus estimate of $434.50 million. Seaworld Entertainment’s revenue was down 3.4% compared to the same quarter last year. On average, analysts predict that Seaworld Entertainment will post $1.11 earnings per share for the current fiscal year.
SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company is engaged in delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world.
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