SeaWorld Entertainment (SEAS) : The consensus on SeaWorld Entertainment (SEAS) based on 7 analyst recommendation on the company stock is 2.57, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on SeaWorld Entertainment (SEAS).
SeaWorld Entertainment (SEAS) : The consensus price target for SeaWorld Entertainment (SEAS) is $19.29 for the short term with a standard deviation of $3.15. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $24, however, the pessimist price target for the company is $16.
SeaWorld Entertainment (NYSE:SEAS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.07 and $14.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.13, notching a gain of 0.36% for the day. The total traded volume was 1,202,325 . The stock had closed at $14.08 on the previous day.
Also, Credit Suisse downgrades its view on SeaWorld Entertainment (NYSE:SEAS) according to the research report released by the firm to its investors. The shares have now been rated Underperform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. Credit Suisse lowers the price target from $27 per share to $15 per share on SeaWorld Entertainment . The rating by the firm was issued on May 11, 2016. The company shares have dropped -22.25% from its 1 Year high price. On Apr 14, 2016, the shares registered one year high at $22.11 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $16.12 and the 200 Day Moving Average price is recorded at $18.40.
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).