Seaworld Entertainment Target of Unusually High Options Trading (SEAS)
Seaworld Entertainment (NASDAQ:SEAS) saw some unusual options trading on Tuesday. Stock investors bought 565 put options on the company, AR Network reports. This is an increase of 247% compared to the average volume of 163 put options.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Seaworld Entertainment from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 17th. They now have a $26.70 price target on the stock. Separately, analysts at Longbow Research upgraded shares of Seaworld Entertainment from a “neutral” rating to a “buy” rating in a research note on Monday, July 7th. They now have a $37.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Longbow Research initiated coverage on shares of Seaworld Entertainment in a research note on Thursday, June 5th. They set a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. Seaworld Entertainment currently has an average rating of “Buy” and a consensus target price of $35.93.
Seaworld Entertainment (NASDAQ:SEAS) traded up 0.32% during mid-day trading on Tuesday, hitting $28.15. 2,389,851 shares of the company’s stock traded hands. Seaworld Entertainment has a 52-week low of $26.69 and a 52-week high of $36.68. The stock’s 50-day moving average is $28.2 and its 200-day moving average is $30.63. The company has a market cap of $2.489 billion and a price-to-earnings ratio of 60.87.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.