SeaWorld Entertainment Inc (NYSE:SEAS) has been assigned a consensus recommendation of “Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $32.31.
Several analysts have commented on the stock. Macquarie raised shares of SeaWorld Entertainment from a “neutral” rating to an “outperform” rating and set a $26.12 price objective on the stock in a research report on Friday, March 8th. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Saturday, March 2nd. Wedbush lifted their price objective on shares of SeaWorld Entertainment from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, March 1st. TheStreet downgraded shares of SeaWorld Entertainment from a “b-” rating to a “c” rating in a research note on Friday, March 29th. Finally, Citigroup lifted their target price on shares of SeaWorld Entertainment from $21.00 to $22.00 and gave the stock a “sell” rating in a research note on Tuesday, March 12th.
SEAS stock traded down $0.36 during mid-day trading on Tuesday, hitting $23.38. The company had a trading volume of 1,060,934 shares, compared to its average volume of 1,427,748. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 22.92, a P/E/G ratio of 2.68 and a beta of 1.47. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.36 and a current ratio of 0.47. SeaWorld Entertainment has a 12 month low of $14.69 and a 12 month high of $32.47.
Several institutional investors and hedge funds have recently bought and sold shares of SEAS. Dimensional Fund Advisors LP increased its stake in shares of SeaWorld Entertainment by 12.2% in the third quarter. Dimensional Fund Advisors LP now owns 909,848 shares of the company’s stock worth $28,596,000 after purchasing an additional 99,284 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of SeaWorld Entertainment in the third quarter worth about $626,000. Renaissance Technologies LLC increased its stake in shares of SeaWorld Entertainment by 1,898.1% in the third quarter. Renaissance Technologies LLC now owns 1,180,900 shares of the company’s stock worth $37,116,000 after purchasing an additional 1,121,800 shares in the last quarter. Deutsche Bank AG grew its stake in SeaWorld Entertainment by 242.9% during the third quarter. Deutsche Bank AG now owns 963,083 shares of the company’s stock valued at $30,268,000 after acquiring an additional 682,178 shares in the last quarter. Finally, BlueMountain Capital Management LLC grew its stake in SeaWorld Entertainment by 130.6% during the third quarter. BlueMountain Capital Management LLC now owns 64,547 shares of the company’s stock valued at $2,029,000 after acquiring an additional 36,557 shares in the last quarter. Hedge funds and other institutional investors own 84.52% of the company’s stock.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
See Also: Why Net Income is Important to Investors
Receive News & Ratings for SeaWorld Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.