SeaWorld Entertainment Inc (NYSE:SEAS) has earned a consensus rating of “Hold” from the fourteen research firms that are currently covering the stock. Four analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $16.88.
Several research analysts have recently commented on SEAS shares. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Wednesday, January 11th. FBR & Co restated a “buy” rating on shares of SeaWorld Entertainment in a research report on Thursday, December 15th. Janney Montgomery Scott upgraded SeaWorld Entertainment from a “neutral” rating to a “buy” rating and raised their price target for the stock from $16.00 to $24.00 in a research report on Tuesday, December 13th. Jefferies Group LLC restated a “buy” rating and set a $24.00 price target on shares of SeaWorld Entertainment in a research report on Tuesday, February 21st. Finally, Citigroup Inc lowered SeaWorld Entertainment from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 30th.
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Several hedge funds have recently made changes to their positions in SEAS. Norges Bank bought a new stake in shares of SeaWorld Entertainment during the fourth quarter valued at about $3,048,000. Ellington Management Group LLC bought a new stake in shares of SeaWorld Entertainment during the fourth quarter valued at about $269,000. Tudor Investment Corp Et Al bought a new stake in shares of SeaWorld Entertainment during the fourth quarter valued at about $2,486,000. A.R.T. Advisors LLC boosted its stake in shares of SeaWorld Entertainment by 1,017.4% in the fourth quarter. A.R.T. Advisors LLC now owns 154,200 shares of the company’s stock valued at $2,919,000 after buying an additional 140,400 shares during the last quarter. Finally, Cardinal Capital Management LLC CT bought a new stake in shares of SeaWorld Entertainment during the fourth quarter valued at about $7,962,000. Institutional investors and hedge funds own 91.42% of the company’s stock.
SeaWorld Entertainment (NYSE:SEAS) opened at 18.13 on Thursday. The stock’s market capitalization is $1.55 billion. SeaWorld Entertainment has a 52 week low of $11.77 and a 52 week high of $21.85. The company’s 50-day moving average price is $18.58 and its 200 day moving average price is $16.83.
SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings data on Tuesday, February 28th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.02. The business earned $267.60 million during the quarter, compared to analysts’ expectations of $268.46 million. SeaWorld Entertainment had a positive return on equity of 6.17% and a negative net margin of 0.87%. The company’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.11) earnings per share. Equities research analysts expect that SeaWorld Entertainment will post $0.77 EPS for the current fiscal year.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. Its theme parks feature a range of rides, shows and other attractions.
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