Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is [Seeking Alpha]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
pkhotelsandresorts.com
Company Research
Source: Seeking Alpha
9min Summary In Q3, Park Hotels & Resorts generated $649 million, representing a year-on-year decline of 4.4% and missing expectations of $816.40k. For FY2024, the company has pulled its guidance due to uncertainty around the company's ongoing negotiations with labor unions. PK's largest portfolio exposure in Hawaii faces ongoing challenges as Japanese visitor numbers remain 50% below pre-pandemic levels, impacting financial performance. Investors should not expect to see growth in revenues and distributions to shareholders as PK is focusing on disposal of assets and has huge debt obligations to repay soon. Valuation analysis suggests that the company's share price is lofty. PK's share price is estimated to be overvalued by approximately 70%. bennymarty Introduction Park Hotels & Resorts ( NYSE: PK ) was formed in January 2017 after a spin-off from Hilton Worldwide. The company's portfolio consists of a total of approximately 43 hotels and 26k rooms across the Unite
Show less
Read more
Impact Snapshot
Event Time:
PK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PK alerts
High impacting Park Hotels & Resorts Inc. news events
Weekly update
A roundup of the hottest topics
PK
News
- UNITE HERE Park Hotels Monitoring Website Now Includes "Review Summaries" [Yahoo! Finance]Yahoo! Finance
- UNITE HERE Park Hotels Monitoring Website Now Includes "Review Summaries" [Yahoo! Finance Canada]Yahoo! Finance Canada
- UNITE HERE Park Hotels Monitoring Website Now Includes “Review Summaries”Business Wire
- Park Hotels & Resorts Inc. (NYSE: PK) had its price target lowered by analysts at Compass Point from $25.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
PK
Earnings
- 10/29/24 - Beat
PK
Sec Filings
- 10/30/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 9/24/24 - Form 4
- PK's page on the SEC website