Park Hotels & Resorts Inc (PK) Stock Forecast & Predictions

Park Hotels & Resorts Inc PK: $20.75

1775 Tysons Blvd Fl 7, Tysons Corner, Virginia, US. | Sector: Accommodation and Food Services | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.pkhotelsandresorts.com/

  • Market Cap$5.04B
  • Change (52 Weeks)160.20%
  • Low (52 Weeks)$6.53
  • Park Hotels & Resorts Inc (PK) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Park Hotels & Resorts Inc (PK) stock price is $20.75 and the 52 weeks low is $6.53, which means the Park Hotels & Resorts Inc stock price is up 160.20% in the last 12 months.

    Park Hotels & Resorts Inc (PK) Stock Price has been Trending Strongly with an ADX reading of 26.96 as per the Weekly Chart.

    A Upward trend indicates that Park Hotels & Resorts Inc (PK) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that PK Stock price might rise further, 25.00% indicating that PK Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PK stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Park Hotels & Resorts Inc (PK) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Park Hotels & Resorts Inc (PK) is based on 23 Institutional Analyst Ratings where 26.09% are on Strong Buy, 26.09% on Moderate Buy, 39.13% remains on Hold, 0.00% are on Moderate Sell and 8.70% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended PK stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Park Hotels & Resorts Inc.

    Park Hotels & Resorts Inc (PK) Stock Price Prediction By Analysts


    HighLowAverage
    $29.40$17.17$22.60
    $22.608.9% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PK set by the institutional analysts is $22.60 where High Estimate is $29.40, Median $23.46 and Low $17.17.

    The average price target for PK by Institutional Analysts is $22.60, which is 8.9% Upside from the current price. So according to the Institutional Analysts, PK Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Park Hotels & Resorts Inc (PK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Compass PointBuyUpgraded
    Raymond JamesMarket PerformDowngraded
    JefferiesBuyUpgraded
    Wells FargoEqual-WeightMaintained
    BMO CapitalOutperformUpgraded
    Compass PointNeutralInitiated
    B of A SecuritiesBuyUpgraded
    B of A SecuritiesBuyUpgraded
    Wells FargoEqual-WeightUpgraded
    Evercore ISI GroupIn-LineDowngraded
    Wells FargoUnderweightMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformUpgraded
    JP MorganUnderweightMaintained
    UBSNeutralMaintained
    SunTrust Robinson HumphreyBuyMaintained
    CitigroupSellDowngraded
    BarclaysEqual-WeightDowngraded
    Raymond JamesMarket PerformDowngraded
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    BMO CapitalMarket PerformInitiated
    NomuraBuyMaintained
    Evercore ISI GroupOutperformUpgraded
    CitigroupNeutralMaintained
    Capital One FinancialOverweightInitiated
    NomuraBuyMaintained
    Goldman SachsNeutralUpgraded
    Wells FargoMarket PerformMaintained
    Deutsche BankHoldMaintained
    NomuraBuyMaintained
    Evercore ISI GroupIn-LineDowngraded
    Goldman SachsSellDowngraded
    JP MorganNeutralDowngraded
    BarclaysOverweightMaintained
    JefferiesBuyInitiated
    Deutsche BankHoldMaintained
    JP MorganOverweightMaintained
    NomuraBuyMaintained
    CitigroupNeutralInitiated
    Boenning & ScattergoodNeutralDowngraded
    Deutsche BankHoldMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Evercore ISI GroupOutperformUpgraded
    Evercore ISI GroupIn-LineDowngraded
    NomuraBuyMaintained
    Canaccord GenuityBuyMaintained
    JP MorganOverweightInitiated
    Evercore ISI GroupOutperformInitiated
    SusquehannaNeutralInitiated
    Deutsche BankHoldInitiated
    Boenning & ScattergoodOutperformInitiated
    Raymond JamesOutperformInitiated
    NomuraBuyInitiated
    BarclaysOverweightInitiated
    Canaccord GenuityBuyInitiated
    UBSNeutralInitiated
    Goldman SachsNeutralInitiated

    Park Hotels & Resorts Inc (PK) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.732
    The average consensus EPS for PK is $-0.732 with a high estimate of $-0.609 and Low of $-0.807 for the period 2021-06-30 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-1.17$-0.9335922020-09-30


    The latest average Earning Per Share Estimate for Park Hotels & Resorts Inc is $-0.73, which is higher than PK's last EPS, $-1.17. This means that Analysts are expecting Park Hotels & Resorts Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Park Hotels & Resorts Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-1.17$-0.9335922020-09-30
    $-1.1$-0.8901262020-06-30
    $0.03$0.090642020-03-31
    $0.51$0.342371999999999952019-12-31
    $0.02$0.359058000000000042019-09-30
    $0.4$0.54592019-06-30
    $0.48$0.303852019-03-31
    $0.27$0.32359512018-12-31
    $0.26$0.259562018-09-30
    $0.54$0.4455782018-06-30
    $0.29$0.242052018-03-31
    $0.28$0.204279900000000012017-12-31
    $0.48$0.300420099999999972017-09-30
    $0.52$0.439470100000000032017-06-30
    $0.28$0.242052017-03-31
    $0.07$0.3939752016-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).