Today Stifel Nicolaus Reaffirms a Buy Rating on SeaWorld Entertainment (NYSE:SEAS) and a $37 Target Price

October 2, 2018 - By Nellie Frank

Investors sentiment decreased to 0.63 in 2018 Q2. Its down 0.27, from 0.9 in 2018Q1. It fall, as 24 investors sold SeaWorld Entertainment, Inc. shares while 63 reduced holdings. 25 funds opened positions while 30 raised stakes. 58.00 million shares or 19.98% less from 72.48 million shares in 2018Q1 were reported.

City Holding Company has 450 shares for 0% of their portfolio. Jefferies Group Inc Ltd Liability Corp owns 46,095 shares. State Common Retirement Fund holds 338,567 shares. Alliancebernstein Ltd Partnership accumulated 96,090 shares. 7,518 were accumulated by Great West Life Assurance Can. First Trust Advsr Lp stated it has 129,746 shares or 0.01% of all its holdings. Utd Ser Automobile Association reported 144,227 shares. Moreover, Huntington Financial Bank has 0% invested in SeaWorld Entertainment, Inc. (NYSE:SEAS). Texas-based Maverick Ltd has invested 0.26% in SeaWorld Entertainment, Inc. (NYSE:SEAS). Wedge Mngmt L L P Nc holds 0% or 14,929 shares. Peak6 L P accumulated 0.01% or 115,902 shares. Art Advisors Ltd Co reported 0.08% stake. Jennison Associate Limited Liability Com reported 1.62M shares. Invesco Limited accumulated 49,849 shares. Schwab Charles Investment Mngmt holds 813,174 shares.

Since May 8, 2018, it had 0 buys, and 3 insider sales for $607,080 activity. The insider Dold Christopher sold 8,876 shares worth $226,427. Another trade for 11,000 shares valued at $200,750 was sold by Reilly John T.

SeaWorld Entertainment (NYSE:SEAS) Rating Reaffirmed

The firm has just set a PT of $37 on SeaWorld Entertainment (NYSE:SEAS) shares. This is 23.33 % from the stock close price. In a research report issued to investors and clients on Tuesday morning, Stifel Nicolaus restate their Buy rating on shares of SEAS.

SeaWorld Entertainment, Inc. (NYSE:SEAS) Ratings Coverage

Among 5 analysts covering SeaWorld Entertainment (NYSE:SEAS), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. SeaWorld Entertainment has $35 highest and $1500 lowest target. $25.33’s average target is -15.57% below currents $30 stock price. SeaWorld Entertainment had 10 analyst reports since May 2, 2018 according to SRatingsIntel. The rating was upgraded by Macquarie Research on Tuesday, August 7 to “Neutral”. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, June 7. The firm has “Sell” rating by Citigroup given on Tuesday, June 12. The rating was downgraded by Wells Fargo to “Market Perform” on Monday, July 9. Stifel Nicolaus maintained it with “Buy” rating and $35 target in Tuesday, August 7 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, May 9. The firm earned “Buy” rating on Wednesday, July 18 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, May 2 by Stifel Nicolaus. FBR Capital maintained SeaWorld Entertainment, Inc. (NYSE:SEAS) rating on Wednesday, May 9. FBR Capital has “Neutral” rating and $17 target. The stock has “Neutral” rating by FBR Capital on Tuesday, August 7.

The stock decreased 4.55% or $1.43 during the last trading session, reaching $30. About 2.25 million shares traded. SeaWorld Entertainment, Inc. (NYSE:SEAS) has risen 143.18% since October 2, 2017 and is uptrending. It has outperformed by 127.56% the S&P500.

Analysts await SeaWorld Entertainment, Inc. (NYSE:SEAS) to report earnings on November, 6. They expect $1.06 earnings per share, up 65.63 % or $0.42 from last year’s $0.64 per share. SEAS’s profit will be $93.10 million for 7.08 P/E if the $1.06 EPS becomes a reality. After $0.34 actual earnings per share reported by SeaWorld Entertainment, Inc. for the previous quarter, Wall Street now forecasts 211.76 % EPS growth.

SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment firm in the United States. The company has market cap of $2.64 billion. The firm operates marine-life theme park under the SeaWorld brand name in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand in Orlando, San Antonio, and San Diego. It currently has negative earnings. It also operates the Adventure Island name in Tampa; Water Country USA name in Williamsburg; Discovery Cove marine life theme park in Orlando; and Sesame Place, a seasonal park in Langhorne.

SeaWorld Entertainment, Inc. (NYSE:SEAS) Institutional Positions Chart

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