Party City Holdco Inc. Common S (NYSE:PRTY):
Party City Donates Halloween Costumes To Candlelighters NYC Pediatric Patients.
The company is now up by 1.24 percent from yesterday’s close.
Shares are trading at $16.30 just below the 50 day moving average which is $16.73 and slightly over the 200 day moving average of $15.49. The 50 day moving average moved down $-0.43 and the 200 day average went up by +5.25%.
The company’s P/E ratio is 31.17 and market capitalization is 1.95B. In the latest earnings report the EPS was $0.52 and is projected to be $1.23 for the current year with 119,329,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.84 with next year’s EPS anticipated to be $1.39.
Several Wall Street analysts have issued ratings on the stock of late. On March 30, 2016 Barclays initiated coverage giving it an initial rating of “Equal-weight” and a price target of $16.00. March 11 investment analysts at Deutsche Bank held the company rating at “Buy” but raised the price target from $13.00 to $15.00.
On March 10 Morgan Stanley made no change to the company rating of “Equal-weight” but moved up the price target to $12.00 from $14.00. On March 3 JP Morgan kept the stock rating at “Overweight” and lowered the price expectation from $18.00 to $15.00.
January 25 investment analysts at Deutsche Bank held the stock rating at “Buy” and lowered the price target to $13.00 from $20.00. On January 19 the stock rating was downgraded from “Overweight” to “Equal-weight” by Morgan Stanley.