Park Hotels & Resorts Inc (PK) concluded trading on Thursday at a closing price of $13.03, with 4.1 million shares of worth about $53.36 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.38% during that period and on February 20, 2025 the price saw a loss of about -0.46%. Currently the company’s common shares owned by public are about 202.55M shares, out of which, 200.77M shares are available for trading.
Stock saw a price change of 2.52% in past 5 days and over the past one month there was a price change of -5.31%. Year-to-date (YTD), PK shares are showing a performance of -7.39% which decreased to -10.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.56 but also hit the highest price of $17.49 during that period. The average intraday trading volume for Park Hotels & Resorts Inc shares is 3.36 million. The stock is currently trading -1.33% below its 20-day simple moving average (SMA20), while that difference is down -5.98% for SMA50 and it goes to -8.56% lower than SMA200.
Park Hotels & Resorts Inc (NYSE: PK) currently have 202.55M outstanding shares and institutions hold larger chunk of about 97.85% of that.
The stock has a current market capitalization of $2.69B and its 3Y-monthly beta is at 2.03. PE ratio of stock for trailing 12 months is 12.83, while it has posted earnings per share of $1.02 in the same period. Its PEG reads 19.44 while making debt-to-equity ratio of 1.31. 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 2.66% while standing at 2.29% over the month.
Stock’s fiscal year EPS is expected to drop by -26.21% while it is estimated to increase by 17.25% in next year. EPS is likely to grow at an annualized rate of 0.66% for next 5-years, compared to annual growth of -6.80% 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.
