Share on StockTwits

Analysts at FBR Capital Markets reduced their target price on shares of Seaworld Entertainment (NASDAQ:SEAS) from $37.00 to $21.00 in a research report issued to clients and investors on Thursday. The firm currently has a “market perform” rating on the stock. FBR Capital Markets’ target price points to a potential downside of 25.40% from the company’s current price.

Shares of Seaworld Entertainment (NASDAQ:SEAS) opened at 18.90 on Thursday. Seaworld Entertainment has a 1-year low of $18.17 and a 1-year high of $35.30. The stock has a 50-day moving average of $27.95 and a 200-day moving average of $30.51. The company has a market cap of $1.671 billion and a price-to-earnings ratio of 61.06. Seaworld Entertainment also was the target of unusually large options trading activity on Tuesday. Stock investors purchased 565 put options on the company. This represents an increase of 247% compared to the average volume of 163 put options.

Seaworld Entertainment (NASDAQ:SEAS) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.16. The company had revenue of $405.20 million for the quarter, compared to the consensus estimate of $445.29 million. On average, analysts predict that Seaworld Entertainment will post $1.40 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Bank of America downgraded shares of Seaworld Entertainment to a “neutral” rating in a research note on Thursday. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $32.94.

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.