SeaWorld Entertainment, Inc. (NYSE:SEAS) Receives $64.40 Average Target Price from Analysts

Shares of SeaWorld Entertainment, Inc. (NYSE:SEASGet Free Report) have received a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $64.40.

Several equities analysts recently issued reports on the company. Truist Financial upped their target price on SeaWorld Entertainment from $58.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. StockNews.com started coverage on SeaWorld Entertainment in a research note on Sunday, March 17th. They issued a “hold” rating for the company. Finally, Morgan Stanley downgraded shares of SeaWorld Entertainment from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $60.00 to $57.00 in a report on Thursday, December 14th.

View Our Latest Stock Analysis on SeaWorld Entertainment

SeaWorld Entertainment Price Performance

The company’s 50-day moving average is $50.59 and its 200 day moving average is $48.69. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 13.34 and a beta of 1.82. SeaWorld Entertainment has a 52 week low of $40.87 and a 52 week high of $68.19.

Institutional Trading of SeaWorld Entertainment

A number of hedge funds have recently added to or reduced their stakes in the company. MetLife Investment Management LLC raised its position in shares of SeaWorld Entertainment by 1.0% in the second quarter. MetLife Investment Management LLC now owns 20,992 shares of the company’s stock worth $1,176,000 after acquiring an additional 213 shares during the period. Principal Financial Group Inc. raised its holdings in SeaWorld Entertainment by 5.1% in the 2nd quarter. Principal Financial Group Inc. now owns 4,684 shares of the company’s stock worth $262,000 after purchasing an additional 226 shares during the period. Captrust Financial Advisors boosted its position in SeaWorld Entertainment by 3.2% during the third quarter. Captrust Financial Advisors now owns 7,705 shares of the company’s stock worth $351,000 after purchasing an additional 239 shares in the last quarter. Royal Bank of Canada grew its holdings in SeaWorld Entertainment by 2.7% in the third quarter. Royal Bank of Canada now owns 13,252 shares of the company’s stock valued at $603,000 after purchasing an additional 344 shares during the period. Finally, Rhumbline Advisers increased its position in shares of SeaWorld Entertainment by 0.8% in the first quarter. Rhumbline Advisers now owns 62,120 shares of the company’s stock valued at $3,809,000 after buying an additional 493 shares in the last quarter.

SeaWorld Entertainment Company Profile

(Get Free Report

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.

Further Reading

Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

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