Park Hotels & Resorts Inc. (NYSE: PK) has seen a rise in its stock price by 0.23 in relation to its previous close of 12.98. However, the company has experienced a -4.90% decline in its stock price over the last five trading sessions.
Is It Worth Investing in Park Hotels & Resorts Inc. (NYSE: PK) Right Now?
Park Hotels & Resorts Inc. (NYSE: PK) has a price-to-earnings ratio that is above its average at 11.67x. and a 36-month beta value of 1.96. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 1 as “sell.”
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The average price predicted for Park Hotels & Resorts Inc. (PK) by analysts is $16.27, which is $3.61 above the current market price. The public float for PK is 213.47M, and at present, short sellers hold a 7.10% of that float. On May 26, 2023, the average trading volume of PK was 3.55M shares.
PK’s Market Performance
The stock of Park Hotels & Resorts Inc. (PK) has seen a -4.90% decrease in the past week, with a 13.13% rise in the past month, and a -6.54% fall in the past quarter. The volatility ratio for the week is 3.04%, and the volatility levels for the past 30 days are at 3.37% for PK. The simple moving average for the last 20 days is 0.30% for PK stock, with a simple moving average of 1.50% for the last 200 days.
PK Trading at 5.78% 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 -32.41% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares surge +11.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.29% upper at present.
During the last 5 trading sessions, PK fell by -4.90%, which changed the moving average for the period of 200-days by -14.80% in comparison to the 20-day moving average, which settled at $13.04. In addition, Park Hotels & Resorts Inc. saw 10.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PK starting from Garrett Geoffrey, who sale 3,000 shares at the price of $11.86 back on Dec 16. After this action, Garrett Geoffrey now owns 33,604 shares of Park Hotels & Resorts Inc., valued at $35,565 using the latest closing price.
ECKERT THOMAS D, the Director of Park Hotels & Resorts Inc., purchase 10,000 shares at $15.12 during a trade that took place back on Jun 14, which means that ECKERT THOMAS D is holding 96,637 shares at $151,250 based on the most recent closing price.
Stock Fundamentals for PK
Current profitability levels for the company are sitting at:
- +11.32 for the present operating margin
- +16.95 for the gross margin
The net margin for Park Hotels & Resorts Inc. stands at +6.48. The total capital return value is set at 3.07, while invested capital returns managed to touch 1.84. Equity return is now at value 5.80, with 2.60 for asset returns.
Based on Park Hotels & Resorts Inc. (PK), the company’s capital structure generated 111.80 points at debt to equity in total, while total debt to capital is 52.79. Total debt to assets is 49.85, with long-term debt to equity ratio resting at 91.91. Finally, the long-term debt to capital ratio is 43.39.
When we switch over and look at the enterprise to sales, we see a ratio of 2.51, with the company’s debt to enterprise value settled at 0.74. The receivables turnover for the company is 22.23 and the total asset turnover is 0.26.
Conclusion
To sum up, Park Hotels & Resorts Inc. (PK) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
