6 analysts have shared their evaluations of Park Hotels & Resorts PK during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 1 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 2 | 1 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $20.5, along with a high estimate of $24.00 and a low estimate of $18.00. This current average has increased by 14.97% from the previous average price target of $17.83.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Park Hotels & Resorts is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Dori Kesten | Wells Fargo | Raises | Equal-Weight | $18.00 | $17.00 |
Patrick Scholes | Truist Securities | Raises | Buy | $21.00 | $20.00 |
Chris Woronka | Deutsche Bank | Raises | Buy | $24.00 | $23.00 |
Robin Farley | UBS | Raises | Neutral | $18.00 | $14.00 |
Anthony Powell | Barclays | Raises | Overweight | $21.00 | $19.00 |
David Katz | Jefferies | Raises | Buy | $21.00 | $14.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Park Hotels & Resorts. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Park Hotels & Resorts compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Park Hotels & Resorts's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Park Hotels & Resorts's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Park Hotels & Resorts analyst ratings.
Discovering Park Hotels & Resorts: A Closer Look
Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.
Breaking Down Park Hotels & Resorts's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Negative Revenue Trend: Examining Park Hotels & Resorts's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -1.2% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Park Hotels & Resorts's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 28.16% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.74%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Park Hotels & Resorts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.98% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 1.24, Park Hotels & Resorts adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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