13.3 C
New York
Saturday, December 9, 2023

Analysts Point To SeaWorld Entertainment Inc (NYSE: SEAS) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for SeaWorld Entertainment Inc (SEAS) shows that investor sentiment remained same, with the stock’s consolidated last price to $47.27. The SeaWorld Entertainment Inc has recorded 8,411 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that First Emperor Penguin Chick in Over a Decade Hatched at SeaWorld San Diego; Only Place in Western Hemisphere to See These Threatened Species.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

Stocks Info

As a NYSE listed company, SEAS falls under the Consumer Cyclical sector while operating within the Leisure industry segment. At the end of the last regular session, the stock closed at $47.27 and fluctuated between $47.76 as its day high and $45.79 as its day low. The current market capitalization of SeaWorld Entertainment Inc is $3.02B. A total of 1.16 million shares were traded on the day, compared to an average of 815.09K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SEAS has seen 19 BUY and 6 SELL insider trades, representing the acquisition of 41,932 and the disposition of 55,939 shares. Over the last 12 months, there were 91 BUYs and 53 SELLs from insiders. Insiders purchased 229,438 shares during that period but sold 194,283.

In the most recent transaction, Swanson Marc sold 4,000 shares of SEAS for 48.30 per share on Sep 07. After the transaction, the Chief Executive Officer now owns 148,537 company shares. In a previous transaction on Aug 24, Taylor George Anthony sold 44,873 shares at 48.81 per share. SEAS shares that the insider owns now total 85,902.

Among the insiders who sold shares, Swanson Marc disposed of 4,000 shares on Aug 17 at a per-share price of $48.91. This resulted in the Chief Executive Officer holding 152,537 shares of SEAS after the transaction. In another insider transaction, Miller Kyle Robert sold 1,000 shares at $55.12 per share on Jul 14. Company shares held by the insider now total 30,709.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SEAS in the last 3 months, the mean price target is $64.40 with high estimates of $77.00 and low estimates of $52.00. In terms of 52-week highs and lows, SEAS has a high of $68.19 and a low of $40.87.

As of this writing, SEAS has an earnings estimate of $1.94 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $2.26 per share and a lower estimate of $1.72. The company reported an EPS of -$0.26 in the last quarter, which was -62.50% lower than expectations of -$0.16.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SEAS’s latest balance sheet shows that the firm has $443.71M in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $371.97M in liabilities at the time. Its Book Value Per Share was -$5.90, while its Total Shareholder’s Equity was -$33.92M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SEAS is Buy with a score of 4.36.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles