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Park Hotels & Resorts Inc (NYSE: PK) closed the day trading at $16.13 down -1.04% from the previous closing price of $16.30. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 2.14 million shares were traded. PK stock price reached its highest trading level at $16.4 during the session, while it also had its lowest trading level at $16.06.
Ratios:
For a better understanding of PK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.58. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 22, 2024, Upgraded its rating to Buy and sets its target price to $20 from $14 previously.
On January 02, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $14 to $21.
JP Morgan Upgraded its Underweight to Neutral on December 14, 2023, whereas the target price for the stock was revised from $11 to $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 14 ’23 when Garrett Geoffrey sold 14,000 shares for $12.83 per share. The transaction valued at 179,656 led to the insider holds 31,777 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PK now has a Market Capitalization of 3395945472 and an Enterprise Value of 7346695168. As of this moment, Park’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.07, and their Forward P/E ratio for the next fiscal year is 21.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 2.712 whereas that against EBITDA is 12.064.
Stock Price History:
Over the past 52 weeks, PK has reached a high of $18.05, while it has fallen to a 52-week low of $10.06. The 50-Day Moving Average of the stock is -3.30%, while the 200-Day Moving Average is calculated to be 17.46%.
Shares Statistics:
Over the past 3-months, PK traded about 2.66M shares per day on average, while over the past 10 days, PK traded about 2090760 shares per day. A total of 209.99M shares are outstanding, with a floating share count of 204.97M. Insiders hold about 2.64% of the company’s shares, while institutions hold 93.67% stake in the company. Shares short for PK as of 1711584000 were 15995980 with a Short Ratio of 6.02, compared to 1709164800 on 13183244. Therefore, it implies a Short% of Shares Outstanding of 15995980 and a Short% of Float of 10.99.
Dividends & Splits
PK’s forward annual dividend rate is 1.48, up from 1.38 a year ago.
Earnings Estimates
A detailed examination of Park Hotels & Resorts Inc (PK) is currently in progress, with PKR/CHF analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.30, with high estimates of $0.03 and low estimates of $0.02.
EPS for the following year is $Currency, with Currency analysts recommending between $Currency and $Currency.
