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Park Hotels & Resorts (PK)
NYSE:PK
Park Hotels & Resorts (PK) Stock Price & Analysis
856 Followers
PK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.82 - $17.87
Previous Close$15.55
Volume389.94K
Average Volume (3M)2.38M
Market Cap
$3.29B
Enterprise Value$6.50B
Total Cash (Recent Filing)$717.00M
Total Debt (Recent Filing)$3.99B
Price to Earnings (P/E)35.1
Beta1.53
Next Earnings
Jul 31, 2024EPS Estimate
$0.3Next Dividend Ex-Date
Jun 28, 2024Dividend Yield4.5%
Share Statistics
EPS (TTM)0.44
Shares Outstanding210,597,557
10 Day Avg. Volume1,750,166
30 Day Avg. Volume2,375,371
Standard Deviation0.16
R-Squared0.48
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.87
Price to Sales (P/S)4.98
Price to Cash Flow (P/CF)6.50
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.68
Enterprise Value/Gross Profit8.71
Enterprise Value/Ebitda21.03
Forecast
1Y Price Target
$19.50Price Target Upside24.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Park Hotels & Resorts News
Bulls Say, Bears Say
Bulls Say
Earnings PerformancePK delivered solid Q1 results, with sector-leading RevPAR growth and EBITDA upside that was bolstered by one-time benefits.
Market OutlookAnalyst sees potential for re-acceleration in growth due to easing RevPAR comps in the summer months.
ValuationStock is trading at a significant discount to replacement cost, suggesting the level of disconnect is unsustainable in the public markets.
Bears Say
Company PerformanceThe company's geographic concentration and slowing growth in 2H could be potential concerns.
Industry ChallengesConcerns about a slowing consumer and the need for hotel REITs to achieve over 4% growth to maintain flat hotel EBITDA margins.
Market SentimentNoise around RevPAR cadence and quality of first quarter beat hit stock.
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Ownership Overview
1.75% Insiders
43.58% Mutual Funds
52.63% Other Institutional Investors
2.04% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PK FAQ
What was Park Hotels & Resorts’s price range in the past 12 months?
Park Hotels & Resorts lowest stock price was $9.82 and its highest was $17.86 in the past 12 months.
What is Park Hotels & Resorts’s market cap?
Currently, no data Available
When is Park Hotels & Resorts’s upcoming earnings report date?
Park Hotels & Resorts’s upcoming earnings report date is Jul 31, 2024 which is in 61 days.
How were Park Hotels & Resorts’s earnings last quarter?
Park Hotels & Resorts released its earnings results on Apr 30, 2024. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.095 by $0.035.
Is Park Hotels & Resorts overvalued?
According to Wall Street analysts Park Hotels & Resorts’s price is currently Undervalued.
Does Park Hotels & Resorts pay dividends?
Park Hotels & Resorts pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 4.5%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is $0.3.
How many shares outstanding does Park Hotels & Resorts have?
Park Hotels & Resorts has 210,597,550 shares outstanding.
What happened to Park Hotels & Resorts’s price movement after its last earnings report?
Park Hotels & Resorts reported an EPS of $0.13 in its last earnings report, beating expectations of $0.095. Following the earnings report the stock price went down -0.992%.
Which hedge fund is a major shareholder of Park Hotels & Resorts?
Currently, no hedge funds are holding shares in PK
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Park Hotels & Resorts Stock Smart Score
Neutral
1
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4
5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$19.50 (24.96% Upside)
$19.50 (24.96% Upside)
Blogger Sentiment
Bullish
PK Sentiment 92%
Sector Average 65%
Sector Average 65%
Insider Transactions
Bought Shares
Worth $453.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.13%
12-Months-Change
Fundamentals
Return on Equity
2.29%
Trailing 12-Months
Asset Growth
-4.90%
Trailing 12-Months
Company Description
Park Hotels & Resorts
Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.
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PK Earnings Call
Q1 2024
0:00 / 0:00
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PK Stock 12 Month Forecast
Average Price Target
$19.50
▲(24.96% Upside)
Technical Analysis
Best Analysts Covering PK
1 Year
1 Year Success Rate
6/9 ratings generated profit
1 Year Average Return
+6.57%
reiterated a buy rating 4 months ago
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