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Seaworld Entertainment (NASDAQ:SEAS) was downgraded by analysts at Barclays from an “overweight” rating to an “underweight” rating in a research report issued to clients and investors on Thursday. They currently have a $40.00 target price on the stock. Barclays’ price target would suggest a potential upside of 111.64% from the company’s current price.

Seaworld Entertainment (NASDAQ:SEAS) traded down 4.76% during mid-day trading on Thursday, hitting $18.00. 16,322,470 shares of the company’s stock traded hands. Seaworld Entertainment has a 52-week low of $18.17 and a 52-week high of $35.30. The stock’s 50-day moving average is $27.95 and its 200-day moving average is $30.51. The company has a market cap of $1.592 billion and a price-to-earnings ratio of 41.00. Seaworld Entertainment also was the target of unusually large options trading activity on Tuesday. Investors purchased 565 put options on the company. This represents an increase of approximately 247% compared to the average daily volume of 163 put options.

Seaworld Entertainment (NASDAQ:SEAS) last announced its earnings results 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.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Seaworld Entertainment in a research note on Thursday. They now have a $21.00 price target on the stock, down previously from $34.00. Separately, analysts at Macquarie downgraded shares of Seaworld Entertainment from an “outperform” rating to a “neutral” rating in a research note on Thursday. Finally, analysts at Wells Fargo & Co. downgraded shares of Seaworld Entertainment from an “outperform” rating to a “market perform” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $30.95.

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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