Park Hotels & Resorts Inc (NYSE: PK) is -1.44% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PK stock was last observed hovering at around $14.83 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $15.08, the stock is 2.72% and -1.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing 1.69% at the moment leaves the stock 1.57% off its SMA200. PK registered 24.10% gain for a year compared to 6-month loss of -5.69%.
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The stock witnessed a 0.07% gain in the last 1 month and extending the period to 3 months gives it a -10.18%, and is 5.68% up 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 2.64% over the week and 2.19% over the month.
Park Hotels & Resorts Inc (PK) has around 90 employees, a market worth around $3.18B and $2.69B in sales. Current P/E ratio is 34.01 and Fwd P/E is 16.64. Profit margin for the company is 3.42%. Distance from 52-week low is 49.93% and -16.45% from its 52-week high. The company has generated returns on investments over the last 12 months (1.09%).
The EPS is expected to grow by 74.40% this year.
Park Hotels & Resorts Inc (PK) Top Institutional Holders
The shares outstanding are 209.99M, and float is at 205.39M with Short Float at 8.36%.
Park Hotels & Resorts Inc (PK) Insider Activity
The most recent transaction is an insider purchase by ECKERT THOMAS D,the company’sDirector. SEC filings show that ECKERT THOMAS D bought 30,000 shares of the company’s common stock on May 09 ’24 at a price of $15.79 per share for a total of $0.47 million. Following the purchase, the insider now owns 0.14 million shares.
Park Hotels & Resorts Inc disclosed in a document filed with the SEC on May 09 ’24 that Garrett Geoffrey (Director) sold a total of 1,255 shares of the company’s common stock. The trade occurred on May 09 ’24 and was made at $15.86 per share for $19906.0. Following the transaction, the insider now directly holds 39190.0 shares of the PK stock.
Still, SEC filings show that on Sep 14 ’23, Garrett Geoffrey (Director) disposed off 14,000 shares at an average price of $12.83 for $0.18 million. The insider now directly holds 31,777 shares of Park Hotels & Resorts Inc (PK).
