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
Holding PK?
Track your performance easily
PK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.05 - $18.05
Previous Close$13.78
Volume4.87M
Average Volume (3M)2.54M
Market Cap
$2.88B
Enterprise Value$7.18B
Total Cash (Recent Filing)$449.00M
Total Debt (Recent Filing)$4.80B
Price to Earnings (P/E)9.7
Beta1.52
Next Earnings
Oct 30, 2024EPS Estimate
$0.15Next Dividend Ex-Date
Sep 30, 2024Dividend Yield5.68%
Share Statistics
EPS (TTM)1.44
Shares Outstanding208,917,256
10 Day Avg. Volume2,646,423
30 Day Avg. Volume2,544,381
Standard Deviation0.15
R-Squared0.46
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.76
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)6.20
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.70
Enterprise Value/Gross Profit9.63
Enterprise Value/Ebitda13.81
Forecast
1Y Price Target
$18.44Price Target Upside34.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Park Hotels & Resorts News
Bulls Say, Bears Say
Bulls Say
EarningsPK will likely end up being judged as delivering one of the better 2Q reports among the hotel REITs.
Market PerformancePK continues to significantly outperform broader market averages in Key West and Orlando.
ValuationPK's relative valuation gap to peers as a compelling reason to build long positions in anticipation of an eventual re-acceleration in growth.
Bears Say
EarningsPK's 2Q RevPAR was light, though EBITDA/FFO still topped consensus boosted by a $2.5mm/$0.01 property tax rebate.
Guidance2024 RevPAR guidance was lowered by 75bps, though EBITDA guidance was maintained with lower insurance costs providing a positive offset.
Market ConditionsThe hotel is in a near to medium term-challenged market operationally.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PK FAQ
What was Park Hotels & Resorts’s price range in the past 12 months?
Park Hotels & Resorts lowest stock price was $11.05 and its highest was $18.05 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 Oct 30, 2024 which is in 48 days.
How were Park Hotels & Resorts’s earnings last quarter?
Park Hotels & Resorts released its earnings results on Jul 31, 2024. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.278 by $0.022.
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 5.68%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is $0.15.
How many shares outstanding does Park Hotels & Resorts have?
Park Hotels & Resorts has 208,917,250 shares outstanding.
What happened to Park Hotels & Resorts’s price movement after its last earnings report?
Park Hotels & Resorts reported an EPS of $0.3 in its last earnings report, beating expectations of $0.278. Following the earnings report the stock price went down -2.058%.
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:
$18.44 (34.89% Upside)
$18.44 (34.89% Upside)
Blogger Sentiment
Bullish
PK Sentiment 86%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.79%
12-Months-Change
Fundamentals
Return on Equity
7.81%
Trailing 12-Months
Asset Growth
-1.90%
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
Q2 2024
0:00 / 0:00
---
PK Stock 12 Month Forecast
Average Price Target
$18.44
▲(34.89% Upside)
Technical Analysis
Best Analysts Covering PK
1 Year
1 Year Success Rate
5/10 ratings generated profit
1 Year Average Return
+4.15%
reiterated a buy rating last month
Copying Floris van Dijkum's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +4.15% per trade.
---