Park Hotels & Resorts Inc. (PK)
NYSE: PK · Real-Time Price · USD
15.97
+0.59 (3.80%)
Dec 3, 2024, 1:49 PM EST - Market open
Park Hotels & Resorts Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PK stock have an average target of 18.71, with a low estimate of 15 and a high estimate of 24. The average target predicts an increase of 17.19% from the current stock price of 15.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PK stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 6 | 6 | 6 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $15 → $16 | Hold | Maintains | $15 → $16 | +0.22% | Nov 26, 2024 |
| UBS | UBS | Hold Maintains $14 → $15 | Hold | Maintains | $14 → $15 | -6.04% | Nov 18, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $25 → $20 | Strong Buy | Maintains | $25 → $20 | +25.27% | Oct 31, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $17 → $17 | Hold | Maintains | $17 → $17 | +3.35% | Oct 21, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Sep 26, 2024 |
Financial Forecast
Revenue This Year
2.65B
Revenue Next Year
2.76B
from 2.65B
Increased by 4.04%
EPS This Year
0.76
from 0.44
Increased by 73.15%
EPS Next Year
0.94
from 0.76
Increased by 23.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.8B | 2.9B | 3.0B | |||
| Avg | 2.6B | 2.8B | 2.8B | |||
| Low | 2.2B | 2.5B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 8.4% | 9.3% | |||
| Avg | - | 4.0% | 3.3% | |||
| Low | - | -5.1% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.85 | 1.07 | 1.41 | |||
| Avg | 0.76 | 0.94 | 1.10 | |||
| Low | 0.64 | 0.80 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 92.3% | 40.6% | 49.8% | |||
| Avg | 73.2% | 23.3% | 17.0% | |||
| Low | 44.8% | 5.5% | -20.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.