A new trading day began on Friday, with Park Hotels & Resorts Inc (NYSE: PK) stock price down -0.36% from the previous day of trading, before settling in for the closing price of $13.89. PK’s price has ranged from $10.23 to $18.05 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 17.05%. Meanwhile, its annual earnings per share averaged 68.49%. With a float of $201.26 million, this company’s outstanding shares have now reached $209.99 million.
The extent of productivity of a business whose workforce counts for 90 workers is very important to gauge. In terms of profitability, gross margin is 42.95%, operating margin of 18.28%, and the pretax margin is 13.87%.
Park Hotels & Resorts Inc (PK) Insider and Institutional Ownership
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 100.35%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 68.49% 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. According to the last quarter’s results, the stock had a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.08. Likewise, its price to free cash flow for the trailing twelve months is 12.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.88 in one year’s time.
Technical Analysis of Park Hotels & Resorts Inc (PK)
The latest stats from [Park Hotels & Resorts Inc, PK] show that its last 5-days average volume of 3.78 million was superior to 2.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.16%. 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 23.87%, which indicates a significant increase from 22.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.72% in the past 14 days, which was lower than the 28.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.37, while its 200-day Moving Average is $15.38. Now, the first resistance to watch is $14.11. This is followed by the second major resistance level at $14.38. The third major resistance level sits at $14.52. If the price goes on to break the first support level at $13.70, it is likely to go to the next support level at $13.56. The third support level lies at $13.29 if the price breaches the second support level.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
With a market capitalization of 2.85 billion, the company has a total of 206,405K 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.
