A new trading day began on Monday, with Park Hotels & Resorts Inc (NYSE: PK) stock price up 1.24% from the previous day of trading, before settling in for the closing price of $16.15. PK’s price has ranged from $10.06 to $18.05 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 17.05% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 43.11%. With a float of $204.97 million, this company’s outstanding shares have now reached $209.99 million.
In an organization with 90 employees, it is important to assess its efficiency.
Park Hotels & Resorts Inc (PK) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Hotel & Motel Industry. The insider ownership of Park Hotels & Resorts Inc is 2.64%, while institutional ownership is 93.63%. 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
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
Here are Park Hotels & Resorts Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 14.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.76 in one year’s time.
Technical Analysis of Park Hotels & Resorts Inc (PK)
Let’s dig in a bit further. During the last 5-days, its volume was 2.26 million. That was inferior than the volume of 2.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.87%. 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 53.17%, which indicates a significant increase from 20.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.01% in the past 14 days, which was lower than the 32.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.74, while its 200-day Moving Average is $14.52. However, in the short run, Park Hotels & Resorts Inc’s stock first resistance to watch stands at $16.48. Second resistance stands at $16.62. The third major resistance level sits at $16.87. If the price goes on to break the first support level at $16.09, it is likely to go to the next support level at $15.84. Assuming the price breaks the second support level, the third support level stands at $15.70.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
With a market capitalization of 3.44 billion, the company has a total of 210,525K Shares Outstanding. Currently, annual sales are 2,698 M while annual income is 97,000 K. The company’s previous quarter sales were 657,000 K while its latest quarter income was 187,000 K.
