Recent Performance of Park Hotels & Resorts Inc (PK) Stock: A Closer Look

A share price of Park Hotels & Resorts Inc [PK] is currently trading at $15.06, down -0.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PK shares have gain 4.51% over the last week, with a monthly amount drifted -2.84%, and not 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 September 26, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Evercore ISI upgraded its rating to Outperform on May 15, 2024, and kept the price target unchanged to $20. On March 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $20 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $21 on January 02, 2024. JP Morgan upgraded its rating to a Neutral and raised its price target to $16 on December 14, 2023. Barclays upgraded its rating to Overweight for this stock on November 06, 2023, and upped its price target to $19. In a note dated October 23, 2023, HSBC Securities initiated an Hold rating and provided a target price of $13 on this stock.

Park Hotels & Resorts Inc experienced fluctuations in its stock price throughout the past year between $13.23 and $18.05. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Park Hotels & Resorts Inc [NYSE: PK] shares were valued at $15.06 at the most recent close of the market. An investor can expect a potential return of 9.56% based on the average PK price forecast.

Analyzing the PK fundamentals

Trailing Twelve Months sales for Park Hotels & Resorts Inc [NYSE:PK] were 2.63B which represents -4.42% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.22.

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 14.94 points at the first support level, and at 14.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.15, and for the 2nd resistance point, it is at 15.24.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 0.83 and price to earnings (TTM) ratio is 9.55.

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.

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