SeaWorld Entertainment (NYSE:SEAS): 7 Analyst have given the stock of SeaWorld Entertainment (NYSE:SEAS) a near short term price target of $19.57. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $2.88. The higher price target estimate is at $24 while the lower price estimates are fixed at $16.
Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Credit Suisse downgrades its outlook on SeaWorld Entertainment (NYSE:SEAS). The current rating of the shares is Underperform, according to the research report released by the firm. Previously, the company had a rating of Outperform. The brokerage firm lowers the price target from $27 per share to $15 per share. The rating by the firm was issued on May 11, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Parks Operations Officer) of Seaworld Entertainment, Inc., Reilly John T had sold 1,214 shares worth of $25,251 in a transaction dated April 15, 2016. In this transaction, 1,214 shares were sold at $20.8 per share.
SeaWorld Entertainment (NYSE:SEAS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.35 points or 2.16% at $15.85 with 1,563,979 shares getting traded. Post opening the session at $16.12, the shares hit an intraday low of $15.725 and an intraday high of $16.18 and the price was in this range throughout the day. The company has a market cap of $1,405 million and the number of outstanding shares have been calculated to be 88,658,170 shares. The 52-week high of SeaWorld Entertainment (NYSE:SEAS) is $21.845 and the 52-week low is $15.725.
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).