The stock of SeaWorld Entertainment Inc (NYSE:SEAS) is a huge mover today! About 1.00 million shares traded hands. SeaWorld Entertainment Inc (NYSE:SEAS) has declined 25.48% since February 29, 2016 and is downtrending. It has underperformed by 37.70% the S&P500.
The move comes after 8 months positive chart setup for the $1.25B company. It was reported on Oct, 3 by Barchart.com. We have $22.04 PT which if reached, will make NYSE:SEAS worth $700.00M more.
Analysts await SeaWorld Entertainment Inc (NYSE:SEAS) to report earnings on November, 3. They expect $1.11 EPS, down 2.63% or $0.03 from last year’s $1.14 per share. SEAS’s profit will be $98.20 million for 3.18 P/E if the $1.11 EPS becomes a reality. After $0.21 actual EPS reported by SeaWorld Entertainment Inc for the previous quarter, Wall Street now forecasts 428.57% EPS growth.
SeaWorld Entertainment Inc (NYSE:SEAS) Ratings Coverage
Out of 11 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS), 4 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 36% are positive. SeaWorld Entertainment Inc has been the topic of 19 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock with “Underweight” rating in Tuesday, August 16 report. The rating was upgraded by Credit Suisse on Thursday, August 11 to “Neutral”. The company was downgraded on Thursday, November 12 by Bank of America. Macquarie Research reinitiated the stock with “Outperform” rating in Wednesday, December 9 report. Citigroup maintained SeaWorld Entertainment Inc (NYSE:SEAS) on Tuesday, August 16 with “Neutral” rating. The stock of SeaWorld Entertainment Inc (NYSE:SEAS) has “Neutral” rating given on Friday, November 6 by Goldman Sachs. On Friday, August 5 the stock rating was maintained by FBR Capital with “Outperform”. The stock has “Neutral” rating given by Citigroup on Friday, April 15. The firm has “Buy” rating by Citigroup given on Thursday, September 22. The stock of SeaWorld Entertainment Inc (NYSE:SEAS) has “Outperform” rating given on Friday, March 18 by Wells Fargo.
According to Zacks Investment Research, “SeaWorld Entertainment, Inc. is a theme park and entertainment company operating primarily in the United States. The company owns and operates U.S. theme parks, including the popular SeaWorld(R), Busch Gardens(R) and Sesame Place(R) brands. SeaWorld Entertainment, Inc. is headquartered in Orlando, Florida.”
Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.19, from 1.01 in 2016Q1. The ratio improved, as 31 funds sold all SeaWorld Entertainment Inc shares owned while 40 reduced positions. 33 funds bought stakes while 52 increased positions. They now own 83.33 million shares or 15.73% more from 72.00 million shares in 2016Q1.
Ladenburg Thalmann Fin Incorporated has invested 0% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Olstein Management L P has invested 0.74% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). The Massachusetts-based Loomis Sayles Co Limited Partnership has invested 0.01% in SeaWorld Entertainment Inc (NYSE:SEAS). Kcg has invested 0.01% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Spot Trading Ltd Co holds 966,932 shares or 0.24% of its portfolio. New Jersey Better Educational Savings Tru reported 56,000 shares or 0.54% of all its holdings. Etrade Capital Ltd Liability Corp has invested 0.03% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Glacier Peak Limited Com last reported 41,500 shares in the company. Blackrock Fund Advsr owns 1.61M shares or 0.01% of their US portfolio. Moreover, Prudential has 0% invested in SeaWorld Entertainment Inc (NYSE:SEAS) for 26,960 shares. The United Kingdom-based Legal & General Grp Public Limited Com has invested 0% in SeaWorld Entertainment Inc (NYSE:SEAS). Voya Inv Mgmt Ltd Com accumulated 0% or 26,647 shares. Ascend Cap Ltd Liability last reported 380,000 shares in the company. Magnetar Ltd Liability Co has 34,920 shares for 0.01% of their US portfolio. Moreover, Metropolitan Life Insurance Ny has 0.01% invested in SeaWorld Entertainment Inc (NYSE:SEAS) for 48,204 shares.
Insider Transactions: Since April 15, 2016, the stock had 0 insider buys, and 1 insider sale for $25,256 net activity. $25,256 worth of SeaWorld Entertainment Inc (NYSE:SEAS) was sold by Reilly John T.
More notable recent SeaWorld Entertainment Inc (NYSE:SEAS) news were published by: Reuters.com which released: “BRIEF-Ivory Cove Ltd reports 5.2 percent stake in Seaworld Entertainment I…” on September 30, 2016, also Prnewswire.com with their article: “SeaWorld Entertainment, Inc. Announces Quarterly Dividend of $0.10 per Share …” published on September 19, 2016, Fool.com published: “Why Seaworld Entertainment Inc’s Shares Plunged 16% in August” on September 06, 2016. More interesting news about SeaWorld Entertainment Inc (NYSE:SEAS) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Deutsche Bank Contingent, Royal Caribbean Cruises and …” published on September 23, 2016 as well as Wsj.com‘s news article titled: “SeaWorld Shifts to Educational Entertainment, Adds Virtual-Reality Ride” with publication date: September 27, 2016.
SEAS Company Profile
SeaWorld Entertainment, Inc., incorporated on October 2, 2009, is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. The Company’s theme parks feature a range of rides, shows and other attractions. The Firm 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 Firm operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Firm also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).
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