Park Inns & Resorts (NYSE:PK) PT Lowered to $17.00


Park Inns & Resorts (NYSE:PKGet 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.

Verify Out Our Newest Evaluation on Park Inns & Resorts

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:PKGet 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

(Get Free Report)

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.

See Additionally

Analyst Recommendations for Park Hotels & Resorts (NYSE:PK)

This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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