On Friday, Park Hotels & Resorts Inc (NYSE: PK) was 0.22% up from the session before settling in for the closing price of $13.86. A 52-week range for PK has been $10.06 – $18.05.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Real Estate sector has jumped its sales by 17.05% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 67.11%. With a float of $203.71 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. 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) Insider Updates
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 2.49%, while institutional ownership is 97.62%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.13 earnings per share (EPS) during the time that was better than consensus figure (set at 0.09) by 0.04. 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 67.11% 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
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 1.09. Likewise, its price to free cash flow for the trailing twelve months is 15.11.
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 0.87 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 3.26 million. That was better than the volume of 2.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.17%. Additionally, its Average True Range was 0.36.
During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 25.74%, which indicates a significant decrease from 26.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.20% 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 $14.44, while its 200-day Moving Average is $15.43. However, in the short run, Park Hotels & Resorts Inc’s stock first resistance to watch stands at $14.00. Second resistance stands at $14.11. The third major resistance level sits at $14.20. If the price goes on to break the first support level at $13.81, it is likely to go to the next support level at $13.72. Assuming the price breaks the second support level, the third support level stands at $13.61.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
There are 210,598K outstanding shares of the company, which has a market capitalization of 2.90 billion. As of now, sales total 2,698 M while income totals 97,000 K. Its latest quarter income was 686,000 K while its last quarter net income were 64,000 K.
