Park Hotels & Resorts Inc (NYSE: PK) is -16.70% lower on its value in year-to-date trading and has touched a low of $11.51 and a high of $17.49 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 $12.08 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $11.72, the stock is -5.78% and -11.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.85 million and changing -2.98% at the moment leaves the stock -16.43% off its SMA200. PK registered -29.39% loss for a year compared to 6-month loss of -14.62%.
The stock witnessed a -11.14% gain in the last 1 month and extending the period to 3 months gives it a -23.46%, and is -0.26% 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 3.93% over the week and 3.06% over the month.
Park Hotels & Resorts Inc (PK) has around 91 employees, a market worth around $2.37B and $2.60B in sales. Current P/E ratio is 11.54 and Fwd P/E is 15.46. Profit margin for the company is 8.16%. Distance from 52-week low is 1.87% and -32.99% from its 52-week high. The company has generated returns on investments over the last 12 months (2.53%).
with sales reaching $623.43M over the same period.The EPS is expected to shrink by -32.84% this year, but quarterly earnings will post 1.28% year-over-year. Quarterly sales are estimated to shrink -2.44% in year-over-year returns.
Park Hotels & Resorts Inc (PK) Top Institutional Holders
The shares outstanding are 202.55M, and float is at 196.32M with Short Float at 10.18%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.67 million shares valued at $489.39 million. The investor’s holdings represent 15.6314% of the PK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.44 million shares valued at $411.12 million to account for 13.1314 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.37 million shares representing 5.4425% and valued at over $173.19 million, while GOLDMAN SACHS GROUP INC holds 3.4954 of the shares totaling 7.31 million with a market value of $109.44 million.
Park Hotels & Resorts Inc (PK) Insider Activity
The most recent transaction is an insider purchase by ECKERT THOMAS D, the company’s Director. SEC filings show that ECKERT THOMAS D bought 20,000 shares of the company’s common stock on Mar 04 ’25 at a price of $11.75 per share for a total of $0.23 million. Following the purchase, the insider now owns 0.16 million shares.
Park Hotels & Resorts Inc disclosed in a document filed with the SEC on May 09 ’24 that ECKERT THOMAS D (Director) bought a total of 30,000 shares of the company’s common stock. The trade occurred on May 09 ’24 and was made at $15.79 per share for $0.47 million. Following the transaction, the insider now directly holds 0.14 million shares of the PK stock.
Still, SEC filings show that on May 09 ’24, Garrett Geoffrey (Director) disposed off 1,255 shares at an average price of $15.86 for $19906.0. The insider now directly holds 39,190 shares of Park Hotels & Resorts Inc (PK).
