SeaWorld Entertainment Inc (SEAS) was Downgraded by Citigroup to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Citigroup advised their investors in a research report released on Apr 15, 2016.
Many Wall Street Analysts have commented on SeaWorld Entertainment Inc. Company shares were Reiterated by Wedbush on Apr 4, 2016 to “Neutral”, Firm has raised the Price Target to $ 21 from a previous price target of $19 .SeaWorld Entertainment Inc was Upgraded by Wells Fargo to ” Outperform” on Mar 18, 2016.
On the company’s financial health, SeaWorld Entertainment Inc reported $-0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.10. The company had revenue of $267.90 million for the quarter, compared to analysts expectations of $267.70 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.21 EPS.
SeaWorld Entertainment Inc (SEAS) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $21.39 and reached the intraday high at $21.43. The bulls started the profit booking and pushed the shares to intraday low of $21. The trading session was marked by a volume range of 9,66,090 shares exchanging hands. The 52-week high of the shares is $22.68 and the 52-week low is $16.86. The market cap of the company stands at $1,871 M and there are 8,80,16,096 shares in public circulation.
In a different news, on Apr 5, 2016, Alessandro David F D (director) sold 106,285 shares at $20.79 per share price. According to the SEC, on Nov 18, 2015, Joel K Manby (director officer ) purchased 14,500 shares at $17.11 per share price. On Aug 7, 2015, Scott Helmstedter (Chief Creative Officer) sold 1,500 shares at $18.00 per share price, according to the Form-4 filing with the securities and exchange commission.
SeaWorld Entertainment Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides shows and other attractions. The Company operates SeaWorld theme parks in Orlando Florida; San Antonio Texas and San Diego California and Busch Gardens theme parks in Tampa Florida and Williamsburg Virginia. The Company operates water park attractions in Orlando Florida (Aquatica); San Diego California (Aquatica); Tampa Florida (Adventure Island) and Williamsburg Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne Pennsylvania (Sesame Place).