Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Park Hotels & Resorts (PK)
NYSE:PK
Park Hotels & Resorts (PK) Stock Price & Analysis
870 Followers
PK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.65 - $17.56
Previous Close$14.82
Volume1.60M
Average Volume (3M)2.59M
Market Cap
$3.12B
Enterprise Value$6.35B
Total Cash (Recent Filing)$717.00M
Total Debt (Recent Filing)$3.99B
Price to Earnings (P/E)33.4
Beta1.52
Next Earnings
Jul 31, 2024EPS Estimate
$0.28Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.4%
Share Statistics
EPS (TTM)0.44
Shares Outstanding210,597,557
10 Day Avg. Volume3,133,691
30 Day Avg. Volume2,587,236
Standard Deviation0.16
R-Squared0.46
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.83
Price to Sales (P/S)4.75
Price to Cash Flow (P/CF)6.20
P/FCF Ratio8.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.62
Enterprise Value/Gross Profit8.51
Enterprise Value/Ebitda20.54
Forecast
1Y Price Target
$19.45Price Target Upside31.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Park Hotels & Resorts News
Bulls Say, Bears Say
Bulls Say
EarningsPK exceeded consensus in Q1 with RevPAR above the high end of its guide and a one-time expense benefit, and raised its '24 EBITDA guidance by the $10MM Q1 beat.
Financial PerformancePK's valuation is unreasonably low in light of embedded NAV (even without the inclusion of future projects).
ValuationThe price target on PK still implies ~45% upside from PK's recent stock price.
Bears Say
Growth ProjectionsPK noted that April RevPAR was down 1.0%, following a Jan / Feb / Mar trajectory of 13.4% / 8.7% / 3.1%, which naturally leads to concern that PK's implied guidance of roughly 4% growth each quarter for the balance of the year might be too aggressive.
Leisure DemandConcerns around moderating leisure demand.
Market ChallengesThe hotel is in a near to medium term-challenged market operationally.
---
Ownership Overview
1.76% Insiders
43.39% Mutual Funds
30.52% Other Institutional Investors
24.34% 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.
---
PK FAQ
What was Park Hotels & Resorts’s price range in the past 12 months?
Park Hotels & Resorts lowest stock price was $9.65 and its highest was $17.56 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 9 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 5.4%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is $0.28.
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 -1.009%.
Which hedge fund is a major shareholder of Park Hotels & Resorts?
Currently, no hedge funds are holding shares in PK
---
Park Hotels & Resorts Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$19.45 (31.24% Upside)
$19.45 (31.24% Upside)
Blogger Sentiment
Bullish
PK Sentiment 87%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $453.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
27.50%
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.
---
PK Earnings Call
Q1 2024
0:00 / 0:00
---
PK Stock 12 Month Forecast
Average Price Target
$19.45
▲(31.24% Upside)
Technical Analysis
Best Analysts Covering PK
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
+5.77%
reiterated a buy rating 6 months ago
Copying Floris van Dijkum's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +5.77% per trade.
---