SeaWorld Entertainment Inc. (NYSE:SEAS)‘s stock had its “outperform” rating reiterated by investment analysts at FBR & Co in a report issued on Tuesday. They presently have a $15.00 target price on the stock. FBR & Co’s target price points to a potential upside of 18.20% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Dougherty & Co reduced their price objective on SeaWorld Entertainment from $6.00 to $5.50 and set a “buy” rating for the company in a research note on Friday, September 2nd. Zacks Investment Research raised SeaWorld Entertainment from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 7th. Citigroup Inc. cut their price target on SeaWorld Entertainment from $15.00 to $14.00 and set a “neutral” rating for the company in a research note on Tuesday, August 16th. JPMorgan Chase & Co. cut their price target on SeaWorld Entertainment from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, August 5th. Finally, Macquarie downgraded SeaWorld Entertainment from an “outperform” rating to a “neutral” rating and raised their price target for the stock from $12.58 to $12.88 in a research note on Friday, August 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. SeaWorld Entertainment presently has an average rating of “Hold” and an average target price of $15.28.

Shares of SeaWorld Entertainment (NYSE:SEAS) traded down 4.02% during midday trading on Tuesday, hitting $12.18. 2,886,022 shares of the company were exchanged. SeaWorld Entertainment has a 52-week low of $11.77 and a 52-week high of $21.85. The company has a 50-day moving average price of $13.13 and a 200-day moving average price of $16.50. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 50.12 and a beta of 0.60.

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SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The firm earned $371.10 million during the quarter, compared to the consensus estimate of $377.19 million. SeaWorld Entertainment had a return on equity of 12.97% and a net margin of 1.52%. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 EPS. On average, analysts forecast that SeaWorld Entertainment will post $0.62 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in SeaWorld Entertainment by 15.6% in the first quarter. BlackRock Inc. now owns 7,604 shares of the company’s stock worth $160,000 after buying an additional 1,027 shares during the period. Teacher Retirement System of Texas raised its stake in SeaWorld Entertainment by 6.0% in the second quarter. Teacher Retirement System of Texas now owns 9,353 shares of the company’s stock worth $134,000 after buying an additional 533 shares during the period. Eqis Capital Management Inc. acquired a new stake in SeaWorld Entertainment during the second quarter worth about $144,000. Pitcairn Co. acquired a new stake in SeaWorld Entertainment during the second quarter worth about $163,000. Finally, Laurion Capital Management LP acquired a new stake in SeaWorld Entertainment during the second quarter worth about $182,000. 96.76% of the stock is currently owned by hedge funds and other institutional investors.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. Its theme parks feature a range of rides, shows and other attractions.

5 Day Chart for NYSE:SEAS

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