The Party City Holdco Inc. (NYSE:PRTY) is going down by -7.67% in today’s trading session, a fall equivalent to -0.13% of the stock’s price from yesterday’s market close. A news came out on 11/13/19 stating that Investor Alert: Kaplan Fox Investigates Party City by WSJ. The lowest point that the shares touched during the trading session was $1.74, while the peak of the day was recorded at a share price of $1.88. PRTY finished the previous session at $1.76 according to the data provided by Barchart, while the trading volume was observed to be $3556442.
In the 100 days of trading, PRTY managed to top a 5.52% Moving average. Additionally, Party City Holdco Inc. shares have achieved a 52-week range between 1.61 and 12.37 alongside 100 days raw stochastic set at 0.61%.
The number of shares outstanding, according to the fundamentals of the company, is set at 92.49M, equal to the value of $162.78M in market capitalization. In the last 30 days, Party City Holdco Inc. shares went down by -77.68%, adding 7.37 to growth in value, on top of a +2.17% boost since 10/18/19.
Party City Holdco Inc. (NYSE:PRTY) Analyst’s Estimates
Party City Holdco Inc. (PRTY) could record at least $0.94 per share in quarterly earnings in the upcoming report on 03/05/2020, a number that would actually represent an increase of 1.23 YOY.
According to the average analyst rating, Party City Holdco Inc. would be rated as Overweight. Out of 6 different analysts monitoring PRTY stock, 2 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 0 indicate that PRTY is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On November 08, 2019, the stock earned a Downgrade rating due to a new analyst call from Telsey Advisory Group, while analysts from Goldman believe that the stock is set at Neutral from Buy, as concluded on November 08, 2019. Goldman, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on July 24, 2019.
Regardless of the rating, Telsey Advisory Group did decrease their price from $15 to $14 as they are considering target share price analysis. JP Morgan, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on March 01, 2019, giving the stock a Neutral from the Overweight rating.
PRTY Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +40.33% has been attained, while the operating margin has been recorded at +11.46%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 3.47%. Beta value of the stock is recorded at 1.28. Additionally, Party City Holdco Inc. is recording price volatility of 12.57% for the period of the last seven days and 12.30% in the last 30 days.
Party City Holdco Inc. (NYSE:PRTY) Technical Outlook
For the period of the last 50 days, Party City Holdco Inc. had its Raw Stochastic average set at 0.61% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 0.61%. Stochastic %K for Party City Holdco Inc., with the last 20 days included, was set at 2.69%, having Stochastic %D topping 3.33%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Party City Holdco Inc. stocks with recording -82.36% in metrics.
Party City Holdco Inc. Insider Watch:
Similarly, 123.39% of the company’s float is held by institutions – and there are 196 institutions in total holding shares of this company. The top three institutional holders of PRTY stocks are: Lee Thomas H Partners Lp with ownership of $203.94 million, which is approximately 35716258 of the company’s shares; Neuberger Berman Group, LLC, holding 13326698 shares of the stock with an approximate value of $76.1 million; and Capital World Investors, currently with more than 7489459 shares of the company valued at $42.76 million. Positions in Party City Holdco Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 19 insider purchases amounting to 655621 shares.