Park Hotels & Resorts Inc (PK) concluded trading on Wednesday at a closing price of $14.41, with 5.43 million shares of worth about $78.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.50% during that period and on December 18, 2024 the price saw a loss of about -6.97%. Currently the company’s common shares owned by public are about 206.40M shares, out of which, 201.10M shares are available for trading.
Stock saw a price change of -7.33% in past 5 days and over the past one month there was a price change of 0.91%. Year-to-date (YTD), PK shares are showing a performance of -5.82% which decreased to -3.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.23 but also hit the highest price of $18.05 during that period. The average intraday trading volume for Park Hotels & Resorts Inc shares is 3.09 million. The stock is currently trading -6.20% below its 20-day simple moving average (SMA20), while that difference is down -2.16% for SMA50 and it goes to -5.71% lower than SMA200.
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Park Hotels & Resorts Inc (NYSE: PK) currently have 206.40M outstanding shares and institutions hold larger chunk of about 97.81% of that.
The stock has a current market capitalization of $2.97B and its 3Y-monthly beta is at 2.04. PE ratio of stock for trailing 12 months is 9.14, while it has posted earnings per share of $1.58 in the same period. Its PEG reads 3.10 while making debt-to-equity ratio of 1.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PK, volatility over the week remained 3.35% while standing at 2.71% over the month.
Stock’s fiscal year EPS is expected to rise by 65.51% while it is estimated to increase by 22.11% in next year. EPS is likely to grow at an annualized rate of 2.95% for next 5-years, compared to annual growth of -28.19% made by the stock over the past 5-years.
Coverage by Evercore ISI stated Park Hotels & Resorts Inc (PK) stock as an Outperform in their note to investors on May 15, 2024, suggesting a price target of $20 for the stock. On March 22, 2024, Citigroup Upgrade their recommendations, while on January 02, 2024, Jefferies Upgrade their ratings for the stock with a price target of $21. Stock get a Neutral rating from JP Morgan on December 14, 2023.
