A new trading day began on Tuesday, with Park Hotels & Resorts Inc (NYSE: PK) stock price up 0.14% from the previous day of trading, before settling in for the closing price of $13.96. PK’s price has 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. Meanwhile, its annual earnings per share averaged 67.63%. With a float of $203.71 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. In terms of profitability, gross margin is 33.33%, operating margin of 17.7%, and the pretax margin is 12.66%.
Park Hotels & Resorts Inc (PK) Breakdown of a Key Holders of the stock
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 2.49%, while institutional ownership is 97.17%. 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
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.13 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 67.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.00% 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 1.10. Likewise, its price to free cash flow for the trailing twelve months is 15.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.88 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 2.99 million was better than the volume posted last year of 2.71 million. As of the previous 9 days, the stock’s Stochastic %D was 21.02%. Additionally, its Average True Range was 0.37.
During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 25.04%, which indicates a significant decrease from 34.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.55% in the past 14 days, which was lower than the 29.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.45, while its 200-day Moving Average is $15.47. Now, the first resistance to watch is $14.13. This is followed by the second major resistance level at $14.27. The third major resistance level sits at $14.43. If the price goes on to break the first support level at $13.82, it is likely to go to the next support level at $13.66. Now, if the price goes above the second support level, the third support stands at $13.52.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
With a market capitalization of 2.92 billion, the company has a total of 210,598K Shares Outstanding. Currently, annual sales are 2,698 M while annual income is 97,000 K. The company’s previous quarter sales were 686,000 K while its latest quarter income was 64,000 K.
