rts logo

Park Hotels & Resorts Inc (PK) Analysis & Forecast for 2024

Park Hotels & Resorts Inc (NYSE: PK) is 11.24% higher on its value in year-to-date trading and has touched a low of $10.06 and a high of $18.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PK stock was last observed hovering at around $17.46 in the last trading session, with the day’s loss setting it -0.44%.

Currently trading at $17.02, the stock is -2.24% and 2.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing -2.52% at the moment leaves the stock 24.88% off its SMA200. PK registered 59.27% gain for a year compared to 6-month gain of 55.30%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -0.53% loss in the last 1 month and extending the period to 3 months gives it a 5.58%, and is -2.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 2.07% over the month.

Park Hotels & Resorts Inc (PK) has around 90 employees, a market worth around $3.58B and $2.70B in sales. Current P/E ratio is 37.00 and Fwd P/E is 22.32. Profit margin for the company is 3.60%. Distance from 52-week low is 69.21% and -5.71% from its 52-week high. The company has generated returns on investments over the last 12 months (1.15%).

The EPS is expected to grow by 43.11% this year.

Park Hotels & Resorts Inc (PK) Top Institutional Holders

The shares outstanding are 209.99M, and float is at 204.97M with Short Float at 7.80%.

Park Hotels & Resorts Inc (PK) Insider Activity

The most recent transaction is an insider sale by Garrett Geoffrey,the company’sDirector. SEC filings show that Garrett Geoffrey sold 14,000 shares of the company’s common stock on Sep 14 ’23 at a price of $12.83 per share for a total of $0.18 million. Following the sale, the insider now owns 31777.0 shares.

Related Posts