Market Highlights: Park Hotels & Resorts Inc (PK) Ends on a Low Note at 15.34

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The price of Park Hotels & Resorts Inc (NYSE: PK) closed at $15.34 in the last session, down -2.17% from day before closing price of $15.68. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 3.75 million shares were traded. PK stock price reached its highest trading level at $15.78 during the session, while it also had its lowest trading level at $15.03.


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 7.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.76. 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 3230573312 and an Enterprise Value of 7512566272. As of this moment, Park’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.60, and their Forward P/E ratio for the next fiscal year is 16.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 2.787 whereas that against EBITDA is 12.039.

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 -7.05%, while the 200-Day Moving Average is calculated to be 6.46%.

Shares Statistics:

According to the various share statistics, PK traded on average about 2.34M shares per day over the past 3-months and 2483920 shares per day over the past 10 days. A total of 209.99M shares are outstanding, with a floating share count of 205.40M. Insiders hold about 2.47% of the company’s shares, while institutions hold 95.49% stake in the company. Shares short for PK as of 1715731200 were 17567665 with a Short Ratio of 7.51, compared to 1713139200 on 16779206. Therefore, it implies a Short% of Shares Outstanding of 17567665 and a Short% of Float of 12.0699994.

Dividends & Splits

The forward annual dividend rate for PK is 1.48, which was 1.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.094387755

Earnings Estimates

Park Hotels & Resorts Inc (PK) is presently subject to a detailed evaluation by 7.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.29 for the current quarter, with a high estimate of $0.33 and a low estimate of $0.26, while EPS last year was -$0.7. The consensus estimate for the next quarter is $0.17, with high estimates of $0.22 and low estimates of $0.1.

Analysts are recommending an EPS of between $0.87 and $0.64 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $0.94, with 9.0 analysts recommending between $1.17 and $0.71.

Revenue Estimates

According to 13 analysts, the current quarter’s revenue is expected to be $699.06M. It ranges from a high estimate of $723M to a low estimate of $681M. As of the current estimate, Park Hotels & Resorts Inc’s year-ago sales were $720.29MFor the next quarter, 13 analysts are estimating revenue of $659.6M. There is a high estimate of $690M for the next quarter, whereas the lowest estimate is $624M.

Based on 16 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.68B.

Most Popular