Park Hotels & Resorts Inc [PK] stock is trading at $15.60, down -0.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The PK shares have gain 11.11% over the last week, with a monthly amount glided 5.26%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Park Hotels & Resorts Inc [NYSE: PK] stock has seen the most recent analyst activity on May 15, 2024, when Evercore ISI upgraded its rating to a Outperform but kept the price target unchanged to $20 for it. Previously, Citigroup upgraded its rating to Buy on March 22, 2024, and elevated its price target to $20. On January 02, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $21 on the stock. JP Morgan upgraded its rating to a Neutral and increased its price target to $16 on December 14, 2023. Barclays upgraded its rating to a Overweight and raised its price target to $19 on November 06, 2023. HSBC Securities started tracking with a Hold rating for this stock on October 23, 2023, and assigned it a price target of $13. In a note dated October 03, 2023, Wedbush initiated an Neutral rating and provided a target price of $13 on this stock.
Park Hotels & Resorts Inc [PK] stock has fluctuated between $10.06 and $18.05 over the past year. Currently, Wall Street analysts expect the stock to reach $19.6 within the next 12 months. Park Hotels & Resorts Inc [NYSE: PK] shares were valued at $15.60 at the most recent close of the market. An investor can expect a potential return of 25.64% based on the average PK price forecast.
Analyzing the PK fundamentals
Park Hotels & Resorts Inc [NYSE:PK] reported sales of 2.66B for the trailing twelve months, which represents a drop of -3.92%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.28 points at the first support level, and at 14.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.80, and for the 2nd resistance point, it is at 16.00.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 0.86 and price to earnings (TTM) ratio is 10.80.
Transactions by insiders
Recent insider trading involved ECKERT THOMAS D, Director, that happened on May 09 ’24 when 30000.0 shares were purchased. Director, Garrett Geoffrey completed a deal on May 09 ’24 to sell 1255.0 shares.
