Park Hotels & Resorts Inc. [PK] stock is down -4.98 while the S&P 500 has fallen -0.67% on Wednesday, 10/14/20. While at the time of this article, PK ATR is sitting at 0.57, with the beta value at 1.91. This stock’s volatility for the past week remained at 4.72%, while it was 5.58% for the past 30-day period. PK has fallen -$0.52 from the previous closing price of $10.45 on volume of 4.21 million shares.

On 6, October 2020, Park Hotels & Resorts Announces Third Quarter 2020 Earnings Conference Call on November 6, 2020. According to news published on Yahoo Finance, Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2020 after the stock market closes on Thursday, November 5, 2020. Park will hold a conference call on Friday, November 6, 2020 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and current operational environment.

Analyst Birdseye View:

The most recent analyst activity for Park Hotels & Resorts Inc. [NYSE:PK] stock was on October 05, 2020, when it was Initiated with a Neutral rating from Compass Point, which also raised its 12-month price target on the stock to $11.50. Before that, on October 13, 2020, BMO Capital Markets Recapitulated an Outperform rating and elevated its amount target to $13. On September 29, 2020, BofA Securities Upgrade a Buy rating and boosted its price target on this stock from $7.50 to $13. On September 10, 2020, Wells Fargo Upgrade an Equal weight rating and increased its price target from $7.50 to $11. On July 28, 2020, Evercore ISI Downgrade an In-line rating. On July 24, 2020, SunTrust Downgrade a Sell rating. On June 29, 2020, CapitalOne Downgrade an Equal weight rating. On June 08, 2020 Raymond James Upgrade an Outperform rating and elevated its amount target to $16.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.99 and a peak of $26.58. Right now, the middling Wall Street analyst 12-month amount mark is $11.00. At the most recent market close, shares of Park Hotels & Resorts Inc. [NYSE:PK] were valued at $9.93. According to the average price forecast, investors can expect a potential return of 1.09%.

FUNDAMENTAL ANALYSIS

Park Hotels & Resorts Inc. [NYSE:PK] most recently reported quarterly sales of 42.0 billion, which represented growth of -94.00%. This publicly-traded organization’s revenue is $5,770,492 per employee, while its income is $625,000 per employee. This company’s Gross Margin is currently 63.30%, its Operating Margin is -30.70%, its Pretax Margin is +12.46, and its Net Margin is +10.83. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.95, 5.03, 4.53 and 3.18 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 38.87 and the whole liability to whole assets at 36.59. It shows enduring liability to the whole principal at 38.68 and enduring liability to assets at 0.36 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.73 points at 1st support level, the second support level is making up to 9.52. But as of 1st resistance point, this stock is sitting at 10.31 and at 10.69 for 2nd resistance point.

Park Hotels & Resorts Inc. [PK] reported its earnings at -$1.1 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.86/share signifying the difference of -0.24 and -27.90% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$2.89 calling estimates for $0.09/share with the difference of -2.98 depicting the surprise of -3,311.10%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 0.97. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.96 and it’s amount to book ratio is 0.95.

Insider Stories

The most recent insider trade was by NATELLI THOMAS A, Director, and it was the purchase of 7500.0 shares on Jun 15. NATELLI THOMAS A, the Director, completed a purchase of 12500.0 shares on Jun 11. On Jun 01, ECKERT THOMAS D, Director, completed a purchase of 20000.0 shares.