Currently, there are 202.55M common shares owned by the public and among those 196.32M shares have been available to trade.
The company’s stock has a 5-day price change of -0.26% and -23.46% over the past three months. PK shares are trading -16.70% year to date (YTD), with the 12-month market performance down to -29.39% lower. It has a 12-month low price of $11.51 and touched a high of $17.49 over the same period. PK has an average intraday trading volume of 3.64 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.78%, -11.03%, and -16.43% respectively.
Institutional ownership of Park Hotels & Resorts Inc (NYSE: PK) shares accounts for 100.30% of the company’s 202.55M shares outstanding.
It has a market capitalization of $2.37B and a beta (3y monthly) value of 1.69. The stock’s trailing 12-month PE ratio is 11.54, while the earnings-per-share (ttm) stands at $1.02. The company has a debt-to-equity ratio at 1.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.93% over the week and 3.06% over the month.
Earnings per share for the fiscal year are expected to decrease by -32.84%, and 11.75% over the next financial year. EPS should grow at an annualized rate of -1.34% over the next five years, compared to -6.81% over the past 5-year period.
Evercore ISI coverage for the Park Hotels & Resorts Inc (PK) stock in a research note released on May 15, 2024 offered a Outperform rating with a price target of $20. Citigroup was of a view on March 22, 2024 that the stock is Buy, while Jefferies gave the stock Buy rating on January 02, 2024, issuing a price target of $14- $21. JP Morgan on their part issued Neutral rating on December 14, 2023.
