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The price of Park Hotels & Resorts Inc (NYSE: PK) closed at $14.44 in the last session, down -0.28% from day before closing price of $14.48. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 1.79 million shares were traded. PK stock price reached its highest trading level at $14.63 during the session, while it also had its lowest trading level at $14.36.
Ratios:
We take a closer look at PK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.83. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.23.
On March 22, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $14 to $20.
Jefferies Upgraded its Hold to Buy on January 02, 2024, whereas the target price for the stock was revised from $14 to $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 09 ’24 when ECKERT THOMAS D bought 30,000 shares for $15.79 per share. The transaction valued at 473,598 led to the insider holds 137,478 shares of the business.
Garrett Geoffrey sold 1,255 shares of PK for $19,906 on May 09 ’24. The Director now owns 39,190 shares after completing the transaction at $15.86 per share. On Sep 14 ’23, another insider, Garrett Geoffrey, who serves as the Director of the company, sold 14,000 shares for $12.83 each. As a result, the insider received 179,656 and left with 31,777 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 3041035008 and an Enterprise Value of 7323028480. As of this moment, Park’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.57, and their Forward P/E ratio for the next fiscal year is 15.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 2.716 whereas that against EBITDA is 11.736.
Stock Price History:
The Beta on a monthly basis for PK is 2.05, which has changed by 0.053245783 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. 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 -7.25%, while the 200-Day Moving Average is calculated to be -2.07%.
Shares Statistics:
According to the various share statistics, PK traded on average about 2.49M shares per day over the past 3-months and 2044170 shares per day over the past 10 days. A total of 209.99M shares are outstanding, with a floating share count of 205.39M. Insiders hold about 2.47% of the company’s shares, while institutions hold 95.21% stake in the company. Shares short for PK as of 1718323200 were 18255759 with a Short Ratio of 7.34, compared to 1715731200 on 17567665. Therefore, it implies a Short% of Shares Outstanding of 18255759 and a Short% of Float of 12.540000000000001.
Dividends & Splits
The forward annual dividend rate for PK is 0.79, which was 1.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.10220995
