SeaWorld Entertainment (NYSE:SEAS) Trading Up 34.9%

SeaWorld Entertainment Inc (NYSE:SEAS) shares were up 34.9% on Wednesday . The company traded as high as $13.81 and last traded at $18.05, approximately 232,196 shares changed hands during mid-day trading. A decline of 93% from the average daily volume of 3,268,822 shares. The stock had previously closed at $13.38.

A number of equities research analysts have weighed in on SEAS shares. Zacks Investment Research downgraded SeaWorld Entertainment from a “buy” rating to a “hold” rating in a research report on Friday, March 20th. Stifel Nicolaus cut their target price on SeaWorld Entertainment from $42.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday. ValuEngine upgraded SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research report on Friday, March 20th. TheStreet downgraded SeaWorld Entertainment from a “b” rating to a “c” rating in a research report on Wednesday, February 26th. Finally, Citigroup upgraded SeaWorld Entertainment from a “sell” rating to a “neutral” rating and cut their price objective for the company from $27.00 to $9.00 in a research report on Friday, March 20th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $27.25.

The business has a 50-day moving average price of $24.82 and a 200 day moving average price of $28.81. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 13.50, a P/E/G ratio of 1.01 and a beta of 1.40. The company has a current ratio of 0.42, a quick ratio of 0.34 and a debt-to-equity ratio of 7.62.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Wednesday, February 26th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.33). SeaWorld Entertainment had a net margin of 6.40% and a return on equity of 61.22%. The company had revenue of $298.01 million for the quarter, compared to analyst estimates of $288.93 million. During the same quarter last year, the company posted ($0.13) EPS. SeaWorld Entertainment’s revenue was up 6.4% on a year-over-year basis. On average, analysts anticipate that SeaWorld Entertainment Inc will post 1.9 earnings per share for the current year.

In other news, insider Marc Swanson sold 8,107 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $12.89, for a total transaction of $104,499.23. Following the completion of the sale, the insider now owns 117,668 shares in the company, valued at approximately $1,516,740.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.90% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC lifted its holdings in shares of SeaWorld Entertainment by 54.7% in the fourth quarter. Advisory Services Network LLC now owns 1,160 shares of the company’s stock valued at $37,000 after purchasing an additional 410 shares in the last quarter. UBS Asset Management Americas Inc. increased its stake in shares of SeaWorld Entertainment by 1.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 57,301 shares of the company’s stock worth $1,817,000 after acquiring an additional 625 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of SeaWorld Entertainment by 51.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,131 shares of the company’s stock worth $68,000 after acquiring an additional 725 shares during the last quarter. Advisor Group Inc. increased its stake in shares of SeaWorld Entertainment by 59.4% in the fourth quarter. Advisor Group Inc. now owns 2,774 shares of the company’s stock worth $88,000 after acquiring an additional 1,034 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of SeaWorld Entertainment by 74.7% in the fourth quarter. US Bancorp DE now owns 3,501 shares of the company’s stock worth $111,000 after acquiring an additional 1,497 shares during the last quarter.

SeaWorld Entertainment Company Profile (NYSE:SEAS)

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.

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