Park Hotels & Resorts Inc. (PK)
NYSE: PK · IEX Real-Time Price · USD
14.73
-0.02 (-0.14%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Park Hotels & Resorts Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for PK stock have an average target of 18.31, with a low estimate of 13 and a high estimate of 24. The average target predicts an increase of 24.30% from the current stock price of 14.73.
Analyst Consensus: Buy
* Price targets were last updated on May 30, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $20 | Strong Buy | Maintains | $21 → $20 | +35.78% | May 30, 2024 |
| Wedbush | Wedbush | Hold Reiterates $17 | Hold | Reiterates | $17 | +15.41% | May 28, 2024 |
| Barclays | Barclays | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +49.36% | May 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $19 → $20 | Hold → Buy | Upgrades | $19 → $20 | +35.78% | May 15, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $14 → $20 | Hold → Strong Buy | Upgrades | $14 → $20 | +35.78% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
2.74B
from 2.70B
Increased by 1.37%
Revenue Next Year
2.82B
from 2.74B
Increased by 2.93%
EPS This Year
0.79
from 0.44
Increased by 78.66%
EPS Next Year
0.97
from 0.79
Increased by 23.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.0B | 3.1B | 3.3B | 3.4B |
| Avg | 2.7B | 2.8B | 2.9B | 3.2B | 3.4B |
| Low | 2.6B | 2.6B | 2.7B | 3.1B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6% | 8.4% | 11.2% | 12.9% | 6.2% |
| Avg | 1.4% | 2.9% | 3.6% | 10.7% | 4.2% |
| Low | -5.1% | -4.0% | -3.4% | 5.3% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.91 | 1.23 | 1.70 | 2.13 | 2.50 |
| Avg | 0.79 | 0.97 | 1.27 | 2.09 | 2.45 |
| Low | 0.56 | 0.70 | 0.93 | 1.99 | 2.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.6% | 56.3% | 75.3% | 67.7% | 19.5% |
| Avg | 78.7% | 23.4% | 30.9% | 64.5% | 17.2% |
| Low | 27.0% | -11.5% | -4.0% | 56.6% | 11.6% |
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.