Morgan Stanley Bullish on Park Hotels & Resorts, Raising Price Estimate – Who Else Is On Board?
February 11, 2023
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PARK ($NYSE:PK) Hotels & Resorts Inc. (PK) is a lodging real estate investment trust (REIT) that owns and operates hotels and resorts across the United States. This positive outlook has investors wondering who else is bullish on this stock. PARK Hotels & Resorts Inc. has seen a lot of support from other analysts as well. Overall, the market seems to be getting more bullish on PK as analysts continue to raise the price target.
The company has a strong portfolio of hotels and resorts and is well positioned to take advantage of the improving lodging industry. As a result, investors may want to consider adding PK to their portfolios as they look to benefit from the bullish sentiment.
Price History
On Friday, PARK HOTELS & RESORTS Inc.’s stock opened at $14.3 and closed at $14.3, down by 0.9% from the previous closing price of 14.4. Currently, media coverage of the company has been mostly positive. This comes as a sign of confidence in the company and shows that Morgan Stanley believes in the potential of PARK HOTELS & RESORTS moving forward. Given the current media coverage, it is clear that PARK HOTELS & RESORTS Inc. is getting attention from some of the largest investors in the world. This is likely to put pressure on other investors to explore PARK HOTELS & RESORTS’ stocks and consider buying it. This can result in a positive upward trend in the stock prices.
In addition, it is also important to understand how their decisions could affect the stock price and the overall sentiment towards the company. Investors should watch for any further news or coverage about PARK HOTELS & RESORTS Inc., as it could help shed light on how the company is viewed by others, and what potential upside can be expected in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PK. More…
| Total Revenues | Net Income | Net Margin |
| 2.29k | 61 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PK. More…
| Operations | Investing | Financing |
| 215 | 394 | -475 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.79k | 5.47k | 19.41 |
Key Ratios Snapshot
Some of the financial key ratios for PK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 9.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
GoodWhale’s analysis reveals it to be a low risk investment in terms of financial and business aspects. This can be seen through the Risk Rating, which takes into account factors such as credit risk, liquidity, and balance sheet risk. GoodWhale has also detected one risk warning in the balance sheet. This suggests that the company may have some issues with its finances that need to be addressed. However, overall, the finance of PARK HOTELS & RESORTS appears to be stable and in relatively good health. GoodWhale is a great tool for investors to use when considering investments. It allows them to quickly and easily analyze the financials of companies and make informed decisions. The Risk Rating also provides an insight into the risks involved in each investment, helping investors make more informed decisions. Overall, GoodWhale is a great resource for investors looking to invest in PARK HOTELS & RESORTS. The low risk rating and the single risk warning detected in the balance sheet show that the company is a good investment opportunity. Investors should register on goodwhale.com to get more information about the company and check out the risk warning in more detail. More…
Peers
The company’s portfolio includes Marriott, Hilton, Hyatt, and Intercontinental hotels. Park Hotels & Resorts Inc’s competitors include Apple Hospitality REIT Inc, Ryman Hospitality Properties Inc, Pebblebrook Hotel Trust.
– Apple Hospitality REIT Inc ($NYSE:APLE)
Apple Hospitality REIT Inc. is a real estate investment trust (REIT) that owns and operates a portfolio of upscale, select-service hotels located in the United States. As of December 31, 2020, the Company’s portfolio consisted of 235 hotels with approximately 30,000 guest rooms.
– Ryman Hospitality Properties Inc ($NYSE:RHP)
Ryman Hospitality Properties Inc is a real estate investment trust that owns, operates, and develops hotels and resorts in the United States. The company has a market cap of 4.68B as of 2022. Ryman Hospitality Properties Inc was founded in 1994 and is headquartered in Nashville, Tennessee.
– Pebblebrook Hotel Trust ($NYSE:PEB)
Pebblebrook Hotel Trust is a real estate investment trust that owns and invests in hotels. The company has a market cap of 2.07B as of 2022. Pebblebrook Hotel Trust is headquartered in Bethesda, Maryland, and was founded in 2009. The company focuses on investing in hotel properties located in major urban markets in the United States.
Summary
Park Hotels & Resorts Inc. (NYSE: PK) has seen a surge of investor interest in recent weeks, with Morgan Stanley providing a bullish outlook and raising the stock’s price target. Analysts have praised the company’s portfolio of hotels and resorts, as well as its strong balance sheet and sound management. Other firms, such as Jefferies and Stifel, have also weighed in positively on the stock.
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