Park Hotels & Resorts Inc (NYSE: PK) is -23.01% lower on its value in year-to-date trading and has touched a low of $8.27 and a high of $15.79 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 $10.79 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $10.83, the stock is 3.61% and 4.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 0.37% at the moment leaves the stock -12.88% off its SMA200. PK registered -23.03% loss for a year compared to 6-month loss of -23.68%. The firm has a 50-day simple moving average (SMA 50) of $10.4032 and a 200-day simple moving average (SMA200) of $12.57425.
The stock witnessed a 5.45% gain in the last 1 month and extending the period to 3 months gives it a 19.40%, and is 1.69% 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 2.70% over the week and 2.99% over the month.
Park Hotels & Resorts Inc (PK) has around 91 employees, a market worth around $2.16B and $2.59B in sales. Current P/E ratio is 18.25 and Fwd P/E is 21.15. Profit margin for the company is 4.86%. Distance from 52-week low is 30.96% and -31.41% from its 52-week high. The company has generated returns on investments over the last 12 months (1.53%).
The EPS is expected to shrink by -86.73% this year
480.0 institutions hold shares in Park Hotels & Resorts Inc (PK), with institutional investors hold 104.02% of the company’s shares. The shares outstanding are 199.78M, and float is at 194.12M with Short Float at 14.12%. Institutions hold 102.03% of the Float.
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.
