SeaWorld Entertainment, Inc. (NYSE:SEAS) is scheduled to issue its quarterly earnings data before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of $0.85 per share for the quarter.
SeaWorld Entertainment (NYSE:SEAS) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.77. SeaWorld Entertainment had a negative net margin of 13.95% and a positive return on equity of 23.32%. The business had revenue of $373.80 million for the quarter, compared to analysts’ expectations of $395.24 million. During the same quarter in the previous year, the business posted $0.21 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. On average, analysts expect SeaWorld Entertainment to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
SeaWorld Entertainment, Inc. (NYSE:SEAS) opened at $11.21 on Friday. The company has a debt-to-equity ratio of 6.32, a quick ratio of 0.29 and a current ratio of 0.39. SeaWorld Entertainment, Inc. has a 1 year low of $10.83 and a 1 year high of $20.13. The firm has a market cap of $1,015.05, a price-to-earnings ratio of 10.58 and a beta of 0.73.
In other SeaWorld Entertainment news, major shareholder Hill Path Capital Partners Lp bought 352,800 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of $12.67 per share, for a total transaction of $4,469,976.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Hill Path Capital Partners Co- bought 320,627 shares of the company’s stock in a transaction on Monday, August 21st. The shares were acquired at an average price of $13.21 per share, for a total transaction of $4,235,482.67. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 1,472,969 shares of company stock worth $19,324,419. 3.40% of the stock is owned by company insiders.
SEAS has been the topic of a number of analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $16.00 price objective (down previously from $23.00) on shares of SeaWorld Entertainment in a research report on Wednesday, August 2nd. ValuEngine upgraded shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Janney Montgomery Scott reiterated a “buy” rating on shares of SeaWorld Entertainment in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Wednesday, October 18th. Finally, TheStreet cut shares of SeaWorld Entertainment from a “c-” rating to a “d” rating in a report on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $16.45.
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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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