SeaWorld Entertainment (NYSE:SEAS) is set to issue its quarterly earnings data before the market opens on Monday, November 5th. Analysts expect the company to announce earnings of $1.11 per share for the quarter.
SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings results on Monday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). SeaWorld Entertainment had a positive return on equity of 6.69% and a negative net margin of 0.42%. The business had revenue of $391.90 million during the quarter, compared to analysts’ expectations of $369.29 million. During the same quarter in the previous year, the company posted ($2.05) EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. On average, analysts expect SeaWorld Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of SEAS stock opened at $26.29 on Friday. SeaWorld Entertainment has a 52-week low of $10.42 and a 52-week high of $32.47. The company has a quick ratio of 0.34, a current ratio of 0.44 and a debt-to-equity ratio of 5.54. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 125.19 and a beta of 1.00.
In other SeaWorld Entertainment news, insider Christopher Dold sold 8,876 shares of the stock in a transaction dated Tuesday, August 14th. The shares were sold at an average price of $25.51, for a total transaction of $226,426.76. Following the completion of the transaction, the insider now owns 52,046 shares of the company’s stock, valued at approximately $1,327,693.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by corporate insiders.
SEAS has been the subject of a number of analyst reports. Wells Fargo & Co lowered SeaWorld Entertainment from an “outperform” rating to a “market perform” rating in a research note on Monday, July 9th. Zacks Investment Research downgraded shares of SeaWorld Entertainment from a “hold” rating to a “sell” rating in a report on Thursday, July 12th. Stifel Nicolaus increased their price objective on shares of SeaWorld Entertainment from $25.00 to $27.00 and gave the company a “$22.32” rating in a report on Wednesday, July 18th. Macquarie raised shares of SeaWorld Entertainment from an “underperform” rating to a “neutral” rating and set a $26.00 price objective for the company in a report on Tuesday, August 7th. Finally, Wedbush set a $24.00 price objective on shares of SeaWorld Entertainment and gave the company a “hold” rating in a report on Tuesday, August 7th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. SeaWorld Entertainment has an average rating of “Hold” and a consensus price target of $30.25.
About SeaWorld Entertainment
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.
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