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NEWS
Analysts predict SeaWorld shares will jump more than 50 per cent in the next year
POSTED 21 Mar 2016 . BY Tom Anstey
Analysts are predicting SeaWorld to soar after the company started making changes to its public outlook Credit: Shutterstock.com
Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise in value as high as US$27 (€24, £19) in the next 12 months.

Seaworld’s share value – which hasn’t hit such heights since August 2014 – is currently sitting just under US$18 (€16, £13).

According to CWRU Observer, a team of Wall Street analysts have forecast the company will deliver earnings of US$0.82 per share, with a high estimate of US$1.33 and a low estimate of US$0.82 for the full year.

They also predicted annual projected growth of 19.48 per cent for the next five years, putting SeaWorld ahead of competitors in the same industry with a compared growth prediction of 17.55 per cent.

In the next 12 months, all analysts predicted growth for SeaWorld, with some projecting prices going as high as US$27 – representing more than a 56 per cent upswing in current share value.

SeaWorld is currently on the offensive in an effort to rebrand itself after a tough few years. In November, CEO Joel Manby said the company was rebuilding itself from the ground up, with an enhanced focus on conservation and creating meaningful experiences for guests. Last week the company announced that its current stock of orcas would be its last, pledging to end the practice of breeding the animals in captivity.

SeaWorld’s most recent financial results painted a positive picture for the company, with attendances and revenues at its attractions during 2015 almost the same as the previous year, indicating numbers are stabilising after being in decline.
RELATED STORIES
  SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
  SeaWorld plans major aquarium-based attraction for San Diego theme park


As SeaWorld continues to reshape and rebuild its brand, restore its public image and turn around lagging attendances, the operator has unveiled new plans for a major aquarium- based attraction, featuring a submarine ride at its park in San Diego.
  SeaWorld agrees to stricter orca trainer safety guidelines in California


SeaWorld has reached an agreement with California state regulators over allegations that the operator’s San Diego park failed to train its workers to safely interact with its orcas.
  SeaWorld's conservation focus continues with upcoming Mako coaster


Following SeaWorld’s recent announcement for a conservation-based approach to its parks, the company has revealed that its Mako hypercoaster will follow a similar theme, creating fun and meaningful experiences as the operator strives to change public perception of its brand.
MORE NEWS
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
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NEWS
Analysts predict SeaWorld shares will jump more than 50 per cent in the next year
POSTED 21 Mar 2016 . BY Tom Anstey
Analysts are predicting SeaWorld to soar after the company started making changes to its public outlook Credit: Shutterstock.com
Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise in value as high as US$27 (€24, £19) in the next 12 months.

Seaworld’s share value – which hasn’t hit such heights since August 2014 – is currently sitting just under US$18 (€16, £13).

According to CWRU Observer, a team of Wall Street analysts have forecast the company will deliver earnings of US$0.82 per share, with a high estimate of US$1.33 and a low estimate of US$0.82 for the full year.

They also predicted annual projected growth of 19.48 per cent for the next five years, putting SeaWorld ahead of competitors in the same industry with a compared growth prediction of 17.55 per cent.

In the next 12 months, all analysts predicted growth for SeaWorld, with some projecting prices going as high as US$27 – representing more than a 56 per cent upswing in current share value.

SeaWorld is currently on the offensive in an effort to rebrand itself after a tough few years. In November, CEO Joel Manby said the company was rebuilding itself from the ground up, with an enhanced focus on conservation and creating meaningful experiences for guests. Last week the company announced that its current stock of orcas would be its last, pledging to end the practice of breeding the animals in captivity.

SeaWorld’s most recent financial results painted a positive picture for the company, with attendances and revenues at its attractions during 2015 almost the same as the previous year, indicating numbers are stabilising after being in decline.
RELATED STORIES
SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
SeaWorld plans major aquarium-based attraction for San Diego theme park


As SeaWorld continues to reshape and rebuild its brand, restore its public image and turn around lagging attendances, the operator has unveiled new plans for a major aquarium- based attraction, featuring a submarine ride at its park in San Diego.
SeaWorld agrees to stricter orca trainer safety guidelines in California


SeaWorld has reached an agreement with California state regulators over allegations that the operator’s San Diego park failed to train its workers to safely interact with its orcas.
SeaWorld's conservation focus continues with upcoming Mako coaster


Following SeaWorld’s recent announcement for a conservation-based approach to its parks, the company has revealed that its Mako hypercoaster will follow a similar theme, creating fun and meaningful experiences as the operator strives to change public perception of its brand.
MORE NEWS
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
Populous reveals plans for major e-sports arena in Saudi Arabia
Populous have unveiled their plans for a state-of-the-art e-sports arena, designed to stand as a central landmark in Qiddaya City’s gaming and e-sports district, Saudi Arabia.
+ More news   
 
COMPANY PROFILES
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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