SeaWorld Entertainment Inc (SEAS) Receives Consensus Recommendation of “Hold” from Analysts
SeaWorld Entertainment Inc (NYSE:SEAS) has earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $15.00.
Several research analysts recently weighed in on the company. TheStreet downgraded SeaWorld Entertainment from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $12.00 price target on shares of SeaWorld Entertainment in a research report on Thursday, October 5th. FBR & Co cut SeaWorld Entertainment from an “outperform” rating to a “market perform” rating and set a $15.00 price target for the company. in a research report on Thursday, August 3rd. BidaskClub raised SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a report on Friday, November 10th. Finally, Barclays decreased their price objective on SeaWorld Entertainment from $17.00 to $10.00 and set an “underweight” rating for the company in a report on Friday, August 11th.
SeaWorld Entertainment (NYSE:SEAS) opened at $11.75 on Friday. The company has a market capitalization of $1,060.00, a price-to-earnings ratio of 12.00 and a beta of 0.73. SeaWorld Entertainment has a fifty-two week low of $10.42 and a fifty-two week high of $20.13. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04.
Hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its holdings in SeaWorld Entertainment by 14.5% in the third quarter. Public Employees Retirement System of Ohio now owns 156,735 shares of the company’s stock valued at $2,036,000 after acquiring an additional 19,823 shares during the last quarter. Sterling Capital Management LLC lifted its stake in SeaWorld Entertainment by 22,754.8% during the third quarter. Sterling Capital Management LLC now owns 3,000,835 shares of the company’s stock worth $38,980,000 after purchasing an additional 2,987,705 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in SeaWorld Entertainment by 2,066.8% during the third quarter. Neuberger Berman Group LLC now owns 2,416,023 shares of the company’s stock worth $31,384,000 after purchasing an additional 2,304,523 shares in the last quarter. Walthausen & Co. LLC lifted its stake in SeaWorld Entertainment by 8.6% during the third quarter. Walthausen & Co. LLC now owns 1,184,392 shares of the company’s stock worth $15,385,000 after purchasing an additional 93,940 shares in the last quarter. Finally, Marathon Partners Equity Management LLC lifted its stake in SeaWorld Entertainment by 33.3% during the third quarter. Marathon Partners Equity Management LLC now owns 800,000 shares of the company’s stock worth $10,392,000 after purchasing an additional 200,000 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.
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About SeaWorld Entertainment
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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