Brokerages expect SeaWorld Entertainment Inc (NYSE:SEAS) to post sales of $260.67 million for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for SeaWorld Entertainment’s earnings. The lowest sales estimate is $255.65 million and the highest is $269.99 million. SeaWorld Entertainment reported sales of $267.60 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 2.6%. The firm is scheduled to announce its next earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that SeaWorld Entertainment will report full-year sales of $260.67 million for the current year, with estimates ranging from $1.25 billion to $1.30 billion. For the next year, analysts expect that the company will post sales of $1.29 billion per share, with estimates ranging from $1.24 billion to $1.30 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by ($0.14). SeaWorld Entertainment had a negative net margin of 15.32% and a positive return on equity of 22.94%. The firm had revenue of $437.70 million for the quarter, compared to the consensus estimate of $453.58 million. During the same period last year, the business earned $0.77 EPS. SeaWorld Entertainment’s revenue was down 9.8% on a year-over-year basis.

A number of equities research analysts have commented on the stock. FBR & Co reaffirmed a “hold” rating and issued a $14.00 target price on shares of SeaWorld Entertainment in a research report on Thursday, October 5th. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $12.00 target price on shares of SeaWorld Entertainment in a research report on Thursday, October 5th. BidaskClub raised shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 5th. Citigroup reissued a “neutral” rating and set a $14.00 price objective (down previously from $15.00) on shares of SeaWorld Entertainment in a research report on Friday, September 15th. Finally, Janney Montgomery Scott reissued a “buy” rating on shares of SeaWorld Entertainment in a research report on Friday, October 6th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $15.73.

Shares of SeaWorld Entertainment (NYSE SEAS) opened at $13.70 on Thursday. The company has a debt-to-equity ratio of 5.04, a current ratio of 0.57 and a quick ratio of 0.45. SeaWorld Entertainment has a 1 year low of $10.42 and a 1 year high of $20.13. The company has a market cap of $1,258.88, a P/E ratio of -6.04 and a beta of 0.74.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in SeaWorld Entertainment in the 3rd quarter worth $185,000. Sterling Capital Management LLC purchased a new stake in SeaWorld Entertainment in the 2nd quarter worth $214,000. OLD National Bancorp IN purchased a new stake in SeaWorld Entertainment in the 3rd quarter worth $316,000. First Trust Advisors LP lifted its stake in SeaWorld Entertainment by 51.0% in the 3rd quarter. First Trust Advisors LP now owns 25,112 shares of the company’s stock worth $326,000 after purchasing an additional 8,483 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its stake in SeaWorld Entertainment by 49.3% in the 3rd quarter. Wedge Capital Management L L P NC now owns 25,540 shares of the company’s stock worth $332,000 after purchasing an additional 8,435 shares in the last quarter. Institutional investors own 96.37% 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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