Park Hotels & Resorts Inc (PK) volume exceeds 3.16 million: A new investment opportunity for investors

On Friday, Park Hotels & Resorts Inc (NYSE: PK) opened lower -2.04% from the last session, before settling in for the closing price of $15.23. Price fluctuations for PK have ranged from $10.06 to $18.05 over the past 52 weeks.

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Real Estate Sector giant saw their annual sales surged by 17.05% over the last five years. Company’s average yearly earnings per share was noted 75.81% at the time writing. 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) Breakdown of a Key Holders of the stock

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 2.47%, while institutional ownership is 95.50%. 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) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.7 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.28) by -0.98. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 75.81% 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 1.17. Likewise, its price to free cash flow for the trailing twelve months is 15.33.

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 2.77 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 16.71%. Additionally, its Average True Range was 0.41.

During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 13.77%, which indicates a significant increase from 8.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.08% in the past 14 days, which was lower than the 25.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.36, while its 200-day Moving Average is $14.99. Now, the first resistance to watch is $15.09. This is followed by the second major resistance level at $15.27. The third major resistance level sits at $15.42. If the price goes on to break the first support level at $14.76, it is likely to go to the next support level at $14.61. Now, if the price goes above the second support level, the third support stands at $14.43.

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

There are currently 210,598K shares outstanding in the company with a market cap of 3.14 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 639,000 K and its income totaled 28,000 K.