Park Hotels & Resorts Inc (NYSE:PK) currently has a daily average trading volume of 3.79M but it saw 3535159 shares traded in last market. With a market cap of 2.34B USD, the company’s current market price of $11.59 came falling about -0.94 while comparing to the previous closing price of $11.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.49 and as low as $10.87. In the recent trading on the day, stock has struck highest price mark of $11.55 while lowest mark touched by it was $11.765.
Taking a look at 20-day trading activity of Park Hotels & Resorts Inc (PK) gives us an average price of $11.93, while its current price level is -33.74% below from 52-week high level whereas it is 6.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.79 while that of 200 days or SMA-200 reads an average of $14.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.55% during that period while stretching the period over a month that increases to 3.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.34 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on May 15, 2024 while assigning a price target of $20. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14 and $20.
Over the week, PK’s stock price is moving 6.33% up while it is -11.46% when we observe its performance for the past one month. Year-to-date it is -17.63% down and over the past year, the stock is showing a downside performance of -30.22%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.12 while estimate for next year EPS is 0.83. In next quarter, company is expected to be making quarterly sales of $687.52M as analysts are expecting the sales for current fiscal year at $2.63B and seeing the company making $2.71B in sales next year. Moreover, analysts are in estimates of $621.21M for current-quarter revenue.
Currently, Park Hotels & Resorts Inc’s total number of outstanding shares is 202.55M with 1.82% of that held by the insiders while 105.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.53% and return on equity (ROE) at 5.68%. It has a price to earnings ratio (P/E ratio) of 11.41 while having a 15.29 of forward P/E ratio. Stock’s beta reads 1.72. Stock has a price to book (P/B) ratio of 0.64 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is 2.28% on average.
