Equities analysts forecast that SeaWorld Entertainment, Inc. (NYSE:SEAS) will post earnings of $0.35 per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for SeaWorld Entertainment’s earnings. The highest EPS estimate is $0.44 and the lowest is $0.26. SeaWorld Entertainment reported earnings per share of $0.21 during the same quarter last year, which would suggest a positive year-over-year growth rate of 66.7%. The business is scheduled to announce its next earnings report on Thursday, August 3rd.

On average, analysts expect that SeaWorld Entertainment will report full-year earnings of $0.68 per share for the current year, with EPS estimates ranging from $0.49 to $0.87. For the next year, analysts expect that the company will report earnings of $1.00 per share, with EPS estimates ranging from $0.80 to $1.22. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings results on Tuesday, May 9th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.53) by $0.13. The business had revenue of $186.40 million for the quarter, compared to the consensus estimate of $205.59 million. SeaWorld Entertainment had a return on equity of 3.66% and a net margin of 0.79%. The firm’s revenue for the quarter was down 15.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.56) EPS.

Several equities analysts recently commented on the stock. Janney Montgomery Scott reissued a “neutral” rating on shares of SeaWorld Entertainment in a research note on Wednesday, May 10th. BidaskClub downgraded shares of SeaWorld Entertainment from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 14th. Stifel Nicolaus reissued a “buy” rating and issued a $23.00 price objective on shares of SeaWorld Entertainment in a research note on Wednesday, May 24th. ValuEngine raised shares of SeaWorld Entertainment from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, SunTrust Banks, Inc. assumed coverage on shares of SeaWorld Entertainment in a research note on Wednesday, April 12th. They issued a “buy” rating and a $22.00 price objective for the company. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $17.84.

In other news, major shareholder Hill Path Holdings Llc bought 256,000 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was acquired at an average price of $18.22 per share, with a total value of $4,664,320.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Hill Path Capital Partners Lp bought 18,250 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were purchased at an average cost of $16.22 per share, with a total value of $296,015.00. The disclosure for this purchase can be found here. Insiders have purchased 3,402,075 shares of company stock valued at $61,494,819 in the last three months. 3.40% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. Credit Agricole S A bought a new stake in SeaWorld Entertainment during the fourth quarter worth approximately $100,000. Cantab Capital Partners LLP bought a new stake in SeaWorld Entertainment during the fourth quarter worth approximately $161,000. Ellington Management Group LLC bought a new stake in SeaWorld Entertainment during the fourth quarter worth approximately $269,000. Bayesian Capital Management LP bought a new stake in SeaWorld Entertainment during the fourth quarter worth approximately $310,000. Finally, Airain ltd bought a new stake in SeaWorld Entertainment during the first quarter worth approximately $343,000.

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SeaWorld Entertainment (NYSE SEAS) traded up 1.09% on Thursday, hitting $15.81. 1,359,569 shares of the stock were exchanged. SeaWorld Entertainment has a 1-year low of $11.77 and a 1-year high of $20.13. The company has a market capitalization of $1.35 billion, a PE ratio of 139.91 and a beta of 0.74. The company has a 50-day moving average price of $17.52 and a 200 day moving average price of $18.16.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

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