As of Friday close, SeaWorld Entertainment Inc.’s (NYSE:SEAS) stock was up $0.02, moving up 0.04 percent to $48.36. The average number of shares traded per day over the past five days has been 838,720 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.07 fall in that time frame. In the last twenty days, the average volume was 984,340, while in the previous 50 days, it was 866,748.
Since last month, SEAS stock retreated -7.30%. Shares of the company fell to $47.60 on 08/18/23, the lowest level in the past month. A 52-week high of $68.19 was reached on 03/06/23 after having rallying from a 52-week low of $44.38. Since the beginning of this year, SEAS’s stock price has dropped by -9.62% or -$5.15, and marked a new high 16 times. However, the stock has declined by -29.09% since its 52-week high.
SEAS stock investors should be aware that SeaWorld Entertainment Inc. (SEAS) stock had its last reported insider trading activity 2 days ago on Aug 17. Swanson Marc, the Chief Executive Officer of the company, disposed of 4,000 shares for $48.91 on Aug 17. It resulted in a $195,640 divestment by the insider. Miller Kyle Robert sold 1,000 shares at an average price of $55.12 on Jul 14. The insider now owns 30,709 shares following the transaction. On Jun 15, Chief Executive Officer Swanson Marc sold 4,000 shares at $59.31 apiece. The transaction was valued at $237,240.
Valuation Metrics
Right now, SeaWorld Entertainment Inc. (SEAS) has a P/E ratio of about 12.58. The stock’s beta is 1.91.
The latest dividend of $0.10 per share was paid out, which is -52.38% less than last year’s $0.21.
Financial Health
In the three months ended June 29, SeaWorld Entertainment Inc.’s quick ratio stood at 0.50, while its current ratio was 0.70, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 48.80% percent. In the year ended June 29, EBITDA margin amounted to 39.63%, whereas operating margins totaled 27.90%. Based on annual data, SEAS earned $860.33 million in gross profit and brought in $1.73 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.40%. Return on equity (ROE) for the past 12 months was -60.20%.
In SeaWorld Entertainment Inc.’s quarter-end financial report for June 29, it reported total debt of $2.1 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SEAS’s revenue fell -1.77% to $293.35 million during the quarter, while net income inched up to $496.03 million. While analysts expected SeaWorld Entertainment Inc. to report $1.72 quarterly earnings, the actual figure was $1.35 per share, beating the consensus estimate by -21.50%. During the quarter, the company generated $194.81 million in EBITDA. The liabilities of SeaWorld Entertainment Inc. were 2.88 billion at the end of its most recent quarter ended June 29, and its total debt was $2.23 billion. The value of shareholders’ equity is $63.97 million.
Technical Picture
This quick technical analysis looks at SeaWorld Entertainment Inc.’s (SEAS) price momentum. With a historical volatility rate of 19.17%, the RSI 9-day stood at 23.22% on 18 August.
With respect to its five-day moving average, the current SeaWorld Entertainment Inc. price is down by -5.97% percent or -$3.07. At present, SEAS shares trade -8.08% below its 20-day simple moving average and -14.12% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.74% below its SMA50 and -16.85% below its SMA200.
Stochastic coefficient K was 4.99% and Stochastic coefficient D was 5.54%, while ATR was 1.52. Given the Stochastic reading of 9.31% for the 14-day period, the RSI (14) reading has been calculated as 30.25%. As of today, the MACD Oscillator reading stands at -1.81, while the 14-day reading stands at -3.33.
Analyst Ratings
Goldman reiterated its a Buy rating on SeaWorld Entertainment Inc. (NYSE: SEAS) in a note to investors. The analysts firm has however raised their price target to $66, representing a possible 35.52% increase in the stock price. SeaWorld Entertainment Inc. (SEAS) has been rated Overweight by analysts. According to 0 brokerage firms, SEAS is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate SeaWorld Entertainment Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $66.00, the current consensus forecast for the stock is $57.00 – $80.00. Based on these forecasts, analysts predict SeaWorld Entertainment Inc. (SEAS) will achieve an average price target of $68.50.
