On Friday, Park Hotels & Resorts Inc (NYSE: PK) opened lower -0.71% from the last session, before settling in for the closing price of $15.39. Price fluctuations for PK have ranged from $13.23 to $18.05 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 17.05% over the past five years. Company’s average yearly earnings per share was noted 65.51% at the time writing. With a float of $201.10 million, this company’s outstanding shares have now reached $206.40 million.
Let’s look at the performance matrix of the company that is accounted for 90 employees. In terms of profitability, gross margin is 31.09%, operating margin of 18.28%, and the pretax margin is 13.87%.
Park Hotels & Resorts Inc (PK) Insider and Institutional Ownership
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 2.57%, while institutional ownership is 97.80%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 65.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.95% 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 1.19. Likewise, its price to free cash flow for the trailing twelve months is 13.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.91 in one year’s time.
Technical Analysis of Park Hotels & Resorts Inc (PK)
Park Hotels & Resorts Inc (NYSE: PK) saw its 5-day average volume 3.34 million, a positive change from its year-to-date volume of 2.79 million. As of the previous 9 days, the stock’s Stochastic %D was 18.78%. Additionally, its Average True Range was 0.40.
During the past 100 days, Park Hotels & Resorts Inc’s (PK) raw stochastic average was set at 68.28%, which indicates a significant increase from 9.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.12% in the past 14 days, which was lower than the 29.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.68, while its 200-day Moving Average is $15.32. Nevertheless, the first resistance level for the watch stands at $15.39 in the near term. At $15.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.60. If the price goes on to break the first support level at $15.18, it is likely to go to the next support level at $15.08. The third support level lies at $14.97 if the price breaches the second support level.
Park Hotels & Resorts Inc (NYSE: PK) Key Stats
There are currently 206,405K shares outstanding in the company with a market cap of 3.13 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 649,000 K and its income totaled 54,000 K.
