At the time of writing, Park Hotels & Resorts Inc [PK] stock is trading at $13.03, down -0.46%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PK shares have gain 2.52% over the last week, with a monthly amount drifted -5.31%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Park Hotels & Resorts Inc fluctuated between $12.56 and $17.49. Currently, Wall Street analysts expect the stock to reach $19.25 within the next 12 months. Park Hotels & Resorts Inc [NYSE: PK] shares were valued at $13.03 at the most recent close of the market. An investor can expect a potential return of 47.74% based on the average PK price forecast.
Analyzing the PK fundamentals
According to Park Hotels & Resorts Inc [NYSE:PK], the company’s sales were 2.60B for trailing twelve months, which represents an -4.87% plunge. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 12.73 points at the first support level, and at 12.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.27, and for the 2nd resistance point, it is at 13.50.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 12.83.
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.
