Park Hotels & Resorts Inc. (NYSE:PK) went down by -3.23% from its latest closing price compared to the recent 1-year high of $24.67. The company’s stock price has collected -2.77% of loss in the last five trading sessions. The Wall Street Journal reported on 10/03/21 that Big Hasn’t Been the Best for Fund Investors
Is It Worth Investing in Park Hotels & Resorts Inc. (NYSE :PK) Right Now?
Plus, the 36-month beta value for PK is at 2.20. Opinions of the stock are interesting as 7 analysts out of 17 who provided ratings for Park Hotels & Resorts Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $22.79, which is $3.93 above the current price. PK currently public float of 233.81M and currently shorts hold a 5.21% ratio of that float. Today, the average trading volume of PK was 2.83M shares.
PK’s Market Performance
PK stocks went down by -2.77% for the week, with a monthly drop of -2.46% and a quarterly performance of -1.22%, while its annual performance rate touched 77.99%. The volatility ratio for the week stands at 2.68% while the volatility levels for the past 30 days are set at 3.07% for Park Hotels & Resorts Inc.. The simple moving average for the period of the last 20 days is -4.75% for PK stocks with a simple moving average of -6.85% for the last 200 days.
Analysts’ Opinion of PK
Deutsche Bank, on the other hand, stated in their research note that they expect to see PK reach a price target of $23. The rating they have provided for PK stocks is “Buy” according to the report published on July 14th, 2021.
PK Trading at -1.69% from the 50-Day Moving Average
After a stumble in the market that brought PK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.60% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares sank -4.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.09% upper at present.
During the last 5 trading sessions, PK fell by -2.77%, which changed the moving average for the period of 200-days by +6.23% in comparison to the 20-day moving average, which settled at $19.49. In addition, Park Hotels & Resorts Inc. saw 8.45% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PK starting from Garrett Geoffrey, who sale 3,898 shares at the price of $19.29 back on Sep 14. After this action, Garrett Geoffrey now owns 34,594 shares of Park Hotels & Resorts Inc., valued at $75,173 using the latest closing price.
ECKERT THOMAS D, the Director of Park Hotels & Resorts Inc., purchase 10,000 shares at $17.73 during a trade that took place back on Aug 20, which means that ECKERT THOMAS D is holding 83,627 shares at $177,300 based on the most recent closing price.
Stock Fundamentals for PK
Current profitability levels for the company are sitting at:
- -66.20 for the present operating margin
- -53.87 for the gross margin
The net margin for Park Hotels & Resorts Inc. stands at -169.01. The total capital return value is set at -5.43, while invested capital returns managed to touch -13.90. Equity return is now at value -16.60, with -7.60 for asset returns.
Based on Park Hotels & Resorts Inc. (PK), the company’s capital structure generated 109.65 points at debt to equity in total, while total debt to capital is 52.30. Total debt to assets is 50.68, with long-term debt to equity ratio resting at 106.64. Finally, the long-term debt to capital ratio is 50.87.
When we switch over and look at the enterprise to sales, we see a ratio of 9.84, with the company’s debt to enterprise value settled at 0.64. The receivables turnover for the company is 8.11 and the total asset turnover is 0.08.