$0.62 EPS Expected for Park Hotels & Resorts Inc. (PK)

April 17, 2018 - By Michael Collier

Analysts expect Park Hotels & Resorts Inc. (NYSE:PK) to report $0.62 EPS on May, 2.They anticipate $0.02 EPS change or 3.13 % from last quarter’s $0.64 EPS. PK’s profit would be $124.68M giving it 11.48 P/E if the $0.62 EPS is correct. After having $0.68 EPS previously, Park Hotels & Resorts Inc.’s analysts see -8.82 % EPS growth. The stock increased 0.71% or $0.2 during the last trading session, reaching $28.46. About 1.19M shares traded. Park Hotels & Resorts Inc. (NYSE:PK) has risen 0.53% since April 17, 2017 and is uptrending. It has underperformed by 11.02% the S&P500.

Park Hotels & Resorts Inc. (NYSE:PK) Ratings Coverage

Among 3 analysts covering Park Hotels & Resorts Inc (NYSE:PK), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Park Hotels & Resorts Inc had 4 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of Park Hotels & Resorts Inc. (NYSE:PK) has “Buy” rating given on Thursday, December 21 by Suntrust Robinson. Boenning & Scattergood maintained it with “Buy” rating and $29.0 target in Wednesday, October 18 report. The firm earned “Hold” rating on Monday, November 20 by Evercore. Boenning & Scattergood maintained Park Hotels & Resorts Inc. (NYSE:PK) on Monday, November 6 with “Buy” rating.

On January 3, 2017, Hilton Worldwide Holdings Inc. completed the spin-off of a portfolio of hotels and resorts that established Park as an independent, publicly traded company. The company has market cap of $5.72 billion. Park began publicly trading on the New York Stock Exchange as an independent firm on January 4, 2017. It has a 2.33 P/E ratio. Park is a leading lodging REIT with a diverse portfolio of hotels and resorts with significant underlying real estate value.

Park Hotels & Resorts Inc. (NYSE:PK) Ratings Chart

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