Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Park Hotels & Resorts Inc (NYSE: PK) closed the day trading at $9.72 down -10.58% from the previous closing price of $10.87. In other words, the price has decreased by -$10.58 from its previous closing price. On the day, 8.0 million shares were traded. PK stock price reached its highest trading level at $10.425 during the session, while it also had its lowest trading level at $9.6001.
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 4.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.30.
On May 15, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line but kept the price unchanged to $20.
Citigroup Upgraded its Neutral to Buy on March 22, 2024, whereas the target price for the stock was revised from $14 to $20.
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 Mar 04 ’25 when ECKERT THOMAS D bought 20,000 shares for $11.75 per share. The transaction valued at 235,000 led to the insider holds 157,478 shares of the business.
ECKERT THOMAS D bought 30,000 shares of PK for $473,598 on May 09 ’24. The Director now owns 137,478 shares after completing the transaction at $15.79 per share. On May 09 ’24, another insider, Garrett Geoffrey, who serves as the Director of the company, sold 1,255 shares for $15.86 each. As a result, the insider received 19,906 and left with 39,190 shares of the company.
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 1962118144 and an Enterprise Value of 6301876736. As of this moment, Park’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.57, and their Forward P/E ratio for the next fiscal year is 13.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 2.414 whereas that against EBITDA is 10.399.
Stock Price History:
The Beta on a monthly basis for PK is 1.76, which has changed by -0.4410581 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, PK has reached a high of $17.33, while it has fallen to a 52-week low of $10.46. The 50-Day Moving Average of the stock is -20.60%, while the 200-Day Moving Average is calculated to be -29.05%.
Shares Statistics:
Over the past 3-months, PK traded about 3.79M shares per day on average, while over the past 10 days, PK traded about 4407950 shares per day. A total of 202.55M shares are outstanding, with a floating share count of 196.01M. Insiders hold about 2.90% of the company’s shares, while institutions hold 100.01% stake in the company. Shares short for PK as of 1741910400 were 19667161 with a Short Ratio of 5.19, compared to 1739491200 on 19984920. Therefore, it implies a Short% of Shares Outstanding of 19667161 and a Short% of Float of 14.430000000000001.
Dividends & Splits
PK’s forward annual dividend rate is 1.00, up from 1.4 a year ago. Against a Trailing Annual Dividend Yield of 0.12879485
