Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) Receives Average Rating of “Buy” from Brokerages

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) has been assigned a consensus rating of “Buy” from the five brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $34.00.

PRSU has been the topic of several research analyst reports. Zacks Research raised Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. Stifel Nicolaus upped their target price on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Oppenheimer restated an “outperform” rating and set a $48.00 price target on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Wall Street Zen upgraded Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, December 29th.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In other Pursuit Attractions and Hospitality news, CEO David W. Barry acquired 755 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were purchased at an average cost of $33.39 per share, for a total transaction of $25,209.45. Following the completion of the purchase, the chief executive officer owned 110,430 shares in the company, valued at approximately $3,687,257.70. This trade represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.71% of the company’s stock.

Institutional Trading of Pursuit Attractions and Hospitality

Several hedge funds and other institutional investors have recently bought and sold shares of PRSU. Crestview Partners IV GP L.P. purchased a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $193,103,000. River Road Asset Management LLC bought a new stake in Pursuit Attractions and Hospitality during the second quarter valued at about $59,213,000. Allspring Global Investments Holdings LLC purchased a new position in Pursuit Attractions and Hospitality in the second quarter valued at about $43,665,000. GRS Advisors LLC bought a new position in Pursuit Attractions and Hospitality in the third quarter worth about $28,507,000. Finally, Alliancebernstein L.P. purchased a new stake in shares of Pursuit Attractions and Hospitality during the second quarter valued at about $20,657,000. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Trading Down 2.6%

PRSU stock opened at $34.64 on Friday. Pursuit Attractions and Hospitality has a 12 month low of $26.66 and a 12 month high of $42.43. The firm’s 50-day moving average is $34.46 and its 200 day moving average is $34.62. The company has a market capitalization of $979.62 million, a PE ratio of 2.77, a P/E/G ratio of 1.81 and a beta of 1.46. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.97.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $241.02 million for the quarter. Pursuit Attractions and Hospitality had a net margin of 82.54% and a return on equity of 17.61%. On average, research analysts anticipate that Pursuit Attractions and Hospitality will post 1.25 EPS for the current year.

About Pursuit Attractions and Hospitality

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.