Park Hotels & Resorts Inc (PK) 20 Days SMA touches -1.02%: The odds favor the bear

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On Friday, Park Hotels & Resorts Inc (NYSE: PK) was 1.99% up from the session before settling in for the closing price of $15.55. A 52-week range for PK has been $10.06 – $18.05.

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Real Estate Sector giant saw their annual sales surged by 17.05% over the last five years. When this article was written, the company’s average yearly earnings per share was at 78.25%. With a float of $205.40 million, this company’s outstanding shares have now reached $209.99 million.

The firm has a total of 90 workers. Let’s measure their productivity.

Park Hotels & Resorts Inc (PK) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Park Hotels & Resorts Inc stocks. The insider ownership of Park Hotels & Resorts Inc is 2.47%, while institutional ownership is 95.39%. The most recent insider transaction that took place on May 09 ’24, was worth 473,598. In this transaction Director of this company bought 30,000 shares at a rate of $15.79, taking the stock ownership to the 137,478 shares. Before that another transaction happened on May 09 ’24, when Company’s Director sold 1,255 for $15.86, making the entire transaction worth $19,906. This insider now owns 39,190 shares in total.

Park Hotels & Resorts Inc (PK) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 78.25% 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

You can see what Park Hotels & Resorts Inc (PK) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 16.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 0.92 in one year’s time.

Technical Analysis of Park Hotels & Resorts Inc (PK)

Analysing the last 5-days average volume posted by the [Park Hotels & Resorts Inc, PK], we can find that recorded value of 2.82 million was better than the volume posted last year of 2.73 million. As of the previous 9 days, the stock’s Stochastic %D was 17.66%. Additionally, its Average True Range was 0.39.

During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 39.67%, which indicates a significant increase from 33.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.46% in the past 14 days, which was lower than the 25.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.58, while its 200-day Moving Average is $14.92. Now, the first resistance to watch is $15.99. This is followed by the second major resistance level at $16.11. The third major resistance level sits at $16.34. If the price goes on to break the first support level at $15.64, it is likely to go to the next support level at $15.41. Should the price break the second support level, the third support level stands at $15.29.

Park Hotels & Resorts Inc (NYSE: PK) Key Stats

There are 210,598K outstanding shares of the company, which has a market capitalization of 3.34 billion. As of now, sales total 2,698 M while income totals 97,000 K. Its latest quarter income was 639,000 K while its last quarter net income were 28,000 K.