Research Analysts’ Weekly Ratings Changes for SeaWorld Entertainment (SEAS)

Several analysts have recently updated their ratings and price targets for SeaWorld Entertainment (NYSE: SEAS):

  • 7/28/2017 – SeaWorld Entertainment was upgraded by analysts at Citigroup Inc. from a “sell” rating to a “neutral” rating. They now have a $15.00 price target on the stock.
  • 7/27/2017 – SeaWorld Entertainment was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $15.00 price target on the stock, down previously from $22.00.
  • 7/24/2017 – SeaWorld Entertainment was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/18/2017 – SeaWorld Entertainment was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “sell” rating to a “neutral” rating. They now have a $16.00 price target on the stock, up previously from $14.44.
  • 7/14/2017 – SeaWorld Entertainment had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $23.00 price target on the stock.
  • 6/30/2017 – SeaWorld Entertainment was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/16/2017 – SeaWorld Entertainment had its “buy” rating reaffirmed by analysts at Janney Montgomery Scott. They now have a $25.00 price target on the stock.
  • 6/14/2017 – SeaWorld Entertainment was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.

SeaWorld Entertainment, Inc. (NYSE:SEAS) opened at 15.27 on Wednesday. SeaWorld Entertainment, Inc. has a 12 month low of $11.77 and a 12 month high of $20.13. The stock’s 50 day moving average price is $15.42 and its 200-day moving average price is $17.38. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 135.13 and a beta of 0.75.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings results on Tuesday, May 9th. The company reported ($0.66) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.53) by $0.13. SeaWorld Entertainment had a net margin of 0.79% and a return on equity of 3.66%. The firm had revenue of $186.40 million for the quarter, compared to the consensus estimate of $205.59 million. During the same quarter in the prior year, the firm earned ($0.56) earnings per share. The company’s revenue for the quarter was down 15.3% compared to the same quarter last year. Equities analysts anticipate that SeaWorld Entertainment, Inc. will post $0.67 EPS for the current fiscal year.

In related news, CFO Peter J. Crage sold 3,000 shares of SeaWorld Entertainment stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $18.20, for a total transaction of $54,600.00. Following the sale, the chief financial officer now directly owns 275,435 shares in the company, valued at $5,012,917. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Hill Path Capital Partners Lp bought 18,250 shares of the company’s stock in a transaction on Friday, June 9th. The stock was bought at an average cost of $16.22 per share, for a total transaction of $296,015.00. The disclosure for this purchase can be found here. Insiders have purchased 3,540,475 shares of company stock worth $63,638,585 over the last 90 days. 3.40% of the stock is currently owned by corporate insiders.

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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