Seaworld Entertainment Coverage Initiated at Hanson (SEAS)
Equities research analysts at Hanson initiated coverage on shares of Seaworld Entertainment (NASDAQ:SEAS) in a research note issued to investors on Monday, ARN reports. The firm set a “buy” rating on the stock.
Seaworld Entertainment (NASDAQ:SEAS) traded up 0.42% on Monday, hitting $28.74. The stock had a trading volume of 491,042 shares. Seaworld Entertainment has a 52-week low of $27.48 and a 52-week high of $39.65. The stock has a 50-day moving average of $30.25 and a 200-day moving average of $34.51. The company has a market cap of $2.682 billion and a P/E ratio of 90.00.
Seaworld Entertainment (NASDAQ:SEAS) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the 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. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, analysts predict that Seaworld Entertainment will post $1.11 earnings per share for the current fiscal year.
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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Seaworld Entertainment currently has an average rating of “Buy” and an average price target of $39.68.
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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