Pursuit Attractions and Hospitality (NYSE:PRSU) Sets New 1-Year High – Here’s What Happened

by · The Markets Daily

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $52.04 and last traded at $50.2710, with a volume of 526436 shares changing hands. The stock had previously closed at $50.94.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PRSU shares. Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Zacks Research raised shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Oppenheimer restated an “outperform” rating and set a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $47.00.

View Our Latest Stock Report on PRSU

Pursuit Attractions and Hospitality Trading Up 0.8%

The business has a fifty day moving average price of $43.62 and a 200-day moving average price of $38.45. The company has a quick ratio of 1.45, a current ratio of 1.54 and a debt-to-equity ratio of 0.36. The company has a market cap of $1.40 billion, a P/E ratio of 51.87, a PEG ratio of 2.21 and a beta of 1.41.

Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.94). The company had revenue of $51.64 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%. On average, analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.54 earnings per share for the current year.

Institutional Investors Weigh In On Pursuit Attractions and Hospitality

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its position in shares of Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after acquiring an additional 691 shares during the period. Larson Financial Group LLC boosted its stake in shares of Pursuit Attractions and Hospitality by 4,831.2% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after buying an additional 773 shares during the period. State of Wyoming acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth approximately $38,000. Kemnay Advisory Services Inc. acquired a new stake in Pursuit Attractions and Hospitality during the fourth quarter worth approximately $55,000. Finally, CIBC Private Wealth Group LLC increased its stake in Pursuit Attractions and Hospitality by 737.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock worth $68,000 after acquiring an additional 1,659 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

(Get Free Report)

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.

Featured Stories