On Monday, Park Hotels & Resorts Inc (NYSE: PK) opened lower -1.35% from the last session, before settling in for the closing price of $17.02. Price fluctuations for PK have ranged from $10.06 to $18.05 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 17.05%. Company’s average yearly earnings per share was noted 43.11% at the time writing. With a float of $204.97 million, this company’s outstanding shares have now reached $209.99 million.
The extent of productivity of a business whose workforce counts for 90 workers is very important to gauge.
Park Hotels & Resorts Inc (PK) Insider Updates
A key investor’s attitude towards the stock of the REIT – Hotel & Motel industry is another important factor to consider. The insider ownership of Park Hotels & Resorts Inc is 2.64%, while institutional ownership is 93.73%. The most recent insider transaction that took place on Sep 14 ’23, was worth 179,656. In this transaction Director of this company sold 14,000 shares at a rate of $12.83, taking the stock ownership to the 31,777 shares.
Park Hotels & Resorts Inc (PK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -28.19% drop over the previous five years of trading.
Park Hotels & Resorts Inc (NYSE: PK) Trading Performance Indicators
Check out the current performance indicators for Park Hotels & Resorts Inc (PK). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 15.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.76 in one year’s time.
Technical Analysis of Park Hotels & Resorts Inc (PK)
The latest stats from [Park Hotels & Resorts Inc, PK] show that its last 5-days average volume of 1.95 million was inferior to 2.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.19%. Additionally, its Average True Range was 0.43.
During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 67.36%, which indicates a significant increase from 12.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.78% in the past 14 days, which was lower than the 32.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.63, while its 200-day Moving Average is $14.44. Now, the first resistance to watch is $17.16. This is followed by the second major resistance level at $17.52. The third major resistance level sits at $17.79. If the price goes on to break the first support level at $16.53, it is likely to go to the next support level at $16.26. Assuming the price breaks the second support level, the third support level stands at $15.90.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
There are currently 210,525K shares outstanding in the company with a market cap of 3.53 billion. Presently, the company’s annual sales total 2,698 M according to its annual income of 97,000 K. Last quarter, the company’s sales amounted to 657,000 K and its income totaled 187,000 K.
