Park Inns & Resorts (NYSE:PK – Get Free Report) had its value goal diminished by equities analysis analysts at Truist Monetary from $19.00 to $17.00 in a report launched on Friday, FlyOnTheWall experiences. Truist Monetary’s goal value signifies a possible upside of 31.53% from the inventory’s present value.
PK has been the topic of numerous different experiences. Morgan Stanley minimize their goal value on Park Inns & Resorts from $14.00 to $13.00 and set an “equal weight” score for the corporate in a analysis report on Friday, August twenty fifth. Wells Fargo & Firm upped their value goal on shares of Park Inns & Resorts from $13.00 to $15.00 in a analysis report on Wednesday, July twelfth. StockNews.com started protection on shares of Park Inns & Resorts in a analysis report on Thursday, August seventeenth. They issued a “promote” score for the corporate. Lastly, Barclays decreased their value goal on shares of Park Inns & Resorts from $17.00 to $16.00 and set an “equal weight” score on the inventory in a analysis notice on Thursday, July twenty seventh. One funding analyst has rated the inventory with a promote score, 4 have given a maintain score and two have assigned a purchase score to the inventory. Primarily based on information from MarketBeat, the corporate presently has a median score of “Maintain” and a median value goal of $17.43.
Park Inns & Resorts Value Efficiency
NYSE:PK opened at $12.93 on Friday. The corporate has a market cap of $2.79 billion, a P/E ratio of -51.70, a P/E/G ratio of 0.84 and a beta of 1.92. The agency’s fifty day shifting common value is $13.04 and its two-hundred day shifting common value is $12.84. Park Inns & Resorts has a one yr low of $10.70 and a one yr excessive of $15.38. The corporate has a debt-to-equity ratio of 1.12, a present ratio of two.67 and a fast ratio of two.67.
Park Inns & Resorts (NYSE:PK – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, August 2nd. The monetary companies supplier reported ($0.70) earnings per share for the quarter, lacking the consensus estimate of $0.58 by ($1.28). Park Inns & Resorts had a detrimental internet margin of 1.79% and a detrimental return on fairness of 1.14%. The corporate had income of $714.00 million through the quarter, in comparison with the consensus estimate of $725.05 million. Equities analysts count on that Park Inns & Resorts will put up 1.86 earnings per share for the present yr.
Hedge Funds Weigh In On Park Inns & Resorts
A number of giant traders have lately modified their holdings of PK. Zurcher Kantonalbank Zurich Cantonalbank elevated its holdings in Park Inns & Resorts by 12.4% within the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 81,274 shares of the monetary companies supplier’s inventory valued at $1,005,000 after buying an extra 8,987 shares through the interval. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. raised its place in shares of Park Inns & Resorts by 5.4% through the first quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. now owns 122,708 shares of the monetary companies supplier’s inventory value $1,517,000 after buying an extra 6,261 shares over the last quarter. Assetmark Inc. lifted its stake in shares of Park Inns & Resorts by 1,792.9% within the first quarter. Assetmark Inc. now owns 19,327 shares of the monetary companies supplier’s inventory value $239,000 after buying an extra 18,306 shares through the interval. Cornercap Funding Counsel Inc. acquired a brand new place in shares of Park Inns & Resorts within the first quarter value roughly $945,000. Lastly, Instructor Retirement System of Texas boosted its holdings in Park Inns & Resorts by 41.6% within the fourth quarter. Instructor Retirement System of Texas now owns 75,484 shares of the monetary companies supplier’s inventory valued at $890,000 after buying an extra 22,185 shares over the last quarter. Institutional traders personal 91.40% of the corporate’s inventory.
Park Inns & Resorts Firm Profile
Park is among the largest publicly-traded lodging REITs with a various portfolio of iconic and market-leading lodges and resorts with important underlying actual property worth. Park’s portfolio presently consists of 45 premium-branded lodges and resorts with over 29,000 rooms primarily positioned in prime metropolis heart and resort areas.
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