Park Hotels & Resorts Inc

Company Profile

Park Hotels & Resorts Inc had its IPO on 2017-01-04 under the ticker symbol PK.

The company operates in the Real Estate sector and REIT-Hotel & Motel industry. Park Hotels & Resorts Inc has a staff strength of 91 employees.

Stock update

Shares of Park Hotels & Resorts Inc opened at $13.03 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.97 - $13.28, and closed at $13.27.

This is a +1.92% increase from the previous day's closing price.

A total volume of 2,013,567 shares were traded at the close of the day’s session.

In the last one week, shares of Park Hotels & Resorts Inc have increased by +3.67%.

Park Hotels & Resorts Inc's Key Ratios

Park Hotels & Resorts Inc has a market cap of $2.81 billion, indicating a price to book ratio of 0.6346 and a price to sales ratio of 1.2017.

In the last 12-months Park Hotels & Resorts Inc’s revenue was $2.71 billion with a gross profit of $753 million and an EBITDA of $615 million. The EBITDA ratio measures Park Hotels & Resorts Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Park Hotels & Resorts Inc’s operating margin was 13.12% while its return on assets stood at 2.33% with a return of equity of -0.92%.

In Q2, Park Hotels & Resorts Inc’s quarterly earnings growth was a negative -92.3% while revenue growth was a positive 2.4%.

Park Hotels & Resorts Inc’s PE and PEG Ratio

Forward PE

13.245

Trailing PE

0

PEG

1.1411

Its diluted EPS in the last 12-months stands at $-0.24 per share while it has a forward price to earnings multiple of 13.245 and a PEG multiple of 1.1411. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Park Hotels & Resorts Inc’s profitability.

Park Hotels & Resorts Inc stock is trading at a EV to sales ratio of 2.9349 and a EV to EBITDA ratio of 11.2808. Its price to sales ratio in the trailing 12-months stood at 1.2017.

Park Hotels & Resorts Inc stock pays annual dividends of $0.56 per share, indicating a yield of 4.65% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$9.34 billion

Total Liabilities

$410.00 million

Operating Cash Flow

$-69000000.00

Capital Expenditure

$70 million

Dividend Payout Ratio

0%

Park Hotels & Resorts Inc ended 2024 with $9.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.34 billion while shareholder equity stood at $4.06 billion.

Park Hotels & Resorts Inc ended 2024 with $0 in deferred long-term liabilities, $410.00 million in other current liabilities, 2000000.00 in common stock, $-165000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $797.00 million and cash and short-term investments were $797.00 million. The company’s total short-term debt was $228,000,000 while long-term debt stood at $4.49 billion.

Park Hotels & Resorts Inc’s total current assets stands at $1.06 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $134.00 million compared to accounts payable of $279.00 million and inventory worth $0.

In 2024, Park Hotels & Resorts Inc's operating cash flow was $-69000000.00 while its capital expenditure stood at $70 million.

Comparatively, Park Hotels & Resorts Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$13.27

52-Week High

$14.9948

52-Week Low

$10.4182

Analyst Target Price

$16.58

Park Hotels & Resorts Inc stock is currently trading at $13.27 per share. It touched a 52-week high of $14.9948 and a 52-week low of $14.9948. Analysts tracking the stock have a 12-month average target price of $16.58.

Its 50-day moving average was $13.06 and 200-day moving average was $12.65 The short ratio stood at 5.16 indicating a short percent outstanding of 0%.

Around 135.3% of the company’s stock are held by insiders while 9489.9% are held by institutions.