Party City Holdco Inc. (NYSE:PRTY) saw a downside of -0.66% to close Friday at $7.58 after subtracting -$0.05 on the day. The 5-day average trading volume is 2,343,400 shares of the company’s common stock. It has gained $7.71 in the past week. An average of 2,265,520 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,180,886.
PRTY’s 1-month performance is 8.91% or $0.90 on its low of $6.46 reached on 09/15/21. The company’s shares have touched a 52-week low of $1.67 and high of $11.06, with the stock’s rally to the 52-week high happening on 06/09/21. YTD, PRTY has achieved 23.25% or $1.43. However, the current price is down -31.47%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Jun 09, 124 days have gone by since the last insider trading activity for Party City Holdco Inc. (PRTY). HARRISON JAMES M (Director) most recently sold 65,000 shares at $10.43 per share on Jun 09. This transaction cost the insider $677,950. Director, HARRISON JAMES M, sold 15,000 shares at a price of $9.03 on May 27. Then, on May 26, Director HARRISON JAMES M sold 50,000 shares at a price of $9.04 per share. This transaction amounted to $452,000.
The company’s PE ratio for the last five years has touched a high of 18.03 and a low of 3.568. PRTY stock has a beta of 3.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.40 while the price-to-book (PB) in the most recent quarter is 7.73, with the price to cash flow ratio at 12.82.
Party City Holdco Inc.’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 1.30 meaning that PRTY stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 12.51, while the total debt to equity was 13.44. In terms of profitability, the gross margin trailing 12 months is 11.60%. The trailing 12-month EBITDA margin is -6.50% while for the period ending June 29; Party City Holdco Inc.’s operating margin was -3.60%. The firm’s gross profit as reported stood at $480.75 million against revenue of $1.85 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 52.46% to $535.75 million, while revenue of $426.81 million was 20.33% off the previous quarter. Analysts expected PRTY to announce $0.16 per share in earnings in its latest quarter, but it posted $0.29, representing a 81.20% surprise. EBITDA for the quarter stood at more than $79.83 million. PRTY stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.62 billion, with total debt at $2.22 billion. Shareholders hold equity totaling $111.91 million
Let’s look briefly at Party City Holdco Inc. (PRTY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 53.52% to suggest the stock is trending Neutral, with historical volatility in this time period at 100.77%.
The stock’s 5-day moving average is $7.30, reflecting a -0.52% or -$0.04 change from its current price. PRTY is currently trading +13.81% above its 20-day SMA, -19.70% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -14.45% and +13.13% respectively.
Stochastic %K and %D was 36.53% and 28.34% and the average true range (ATR) pointed at 0.47. The RSI (14) points at 53.04%, while the 14-day stochastic is at 42.75% with the period’s ATR at 0.45. The stock’s 9-day MACD Oscillator is pointing at -0.08 and -0.14 on the 14-day charts.
In the most recent analyst report for Party City Holdco Inc. (NYSE: PRTY), Telsey Advisory Group reiterated its a Market perform rating for the company but lifted their price target by $3 to $1. Analysts offering their rating for PRTY stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate PRTY as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is PRTY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $9.00 and a high of $10.00, with their median price target at $9.50. Looking at these predictions, the average price target given by analysts is for Party City Holdco Inc. (PRTY) stock is $9.50.