SeaWorld Entertainment Inc. (NYSE:SEAS) shares fell to a low of $54.84 before closing at $55.96. Intraday shares traded counted 0.55 million, which was 40.58% higher than its 30-day average trading volume of 921.03K. SEAS’s previous close was $56.64 while the outstanding shares total 78.46M. The firm has a beta of 2.45. The stock’s Relative Strength Index (RSI) is 56.79, with weekly volatility at 3.97% and ATR at 2.08. The SEAS stock’s 52-week price range has touched low of $13.37 and a $58.26 high. The stock traded lower over the last trading session, losing -1.20% on 06/09/21.
Investors have identified the Leisure company SeaWorld Entertainment Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.35 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
SeaWorld Entertainment Inc. (SEAS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SEAS, the company has in raw cash 430.57 million on their books with 15.51 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 532.3 million total, with 371.34 million as their total liabilities.
SEAS were able to record 3.1 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by -2.52 million. In cash movements, the company had a total of 18.39 million as operating cash flow.
Potential earnings growth for SeaWorld Entertainment Inc. (SEAS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, SeaWorld Entertainment Inc. recorded a total of 171.92 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 10.68% coming in sequential stages and their sales for the 08/10/2021 quarter increasing by 10.38%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 122.71 million trying to sell their products during the last quarter, with the result yielding a gross income of 49.21 million. This allows shareholders to hold on to 78.46M with the recently reported earning now reading -0.57 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/10/2021 (-0.57 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 2.34 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SEAS sounds very interesting.
Is the stock of SEAS attractive?
In related news, See Remarks, Taylor George Anthony sold 87,943 shares of the companyâ€™s stock in a transaction that recorded on May 27. The sale was performed at an average price of 54.46, for a total value of 4,789,376. As the sale deal closes, the Chief Zoological Officer, Dold Christopher now sold 2,000 shares of the companyâ€™s stock, valued at 109,300. Also, Chief Human Resources Officer, Nadeau Sharon P sold 28,746 shares of the companyâ€™s stock in a deal that was recorded on Apr 15. The shares were price at an average price of 49.31 per share, with a total market value of 1,417,520. Following this completion of acquisition, the See Remarks, Gulacsy Elizabeth now holds 8,000 shares of the companyâ€™s stock, valued at 394,457. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.
7 out of 13 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on SeaWorld Entertainment Inc.. 0 analysts has assigned a Sell rating on the SEAS stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $61.80.