Surging Earnings Estimates Sign Good Information for SeaWorld (SEAS)

SeaWorld Leisure, Inc. SEAS is a theme park and leisure firm working primarily in the US that may very well be an attention-grabbing play for traders. That’s as a result of, not solely does the inventory have respectable short-term momentum, however it’s seeing stable exercise on the earnings estimate revision entrance as nicely.


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These optimistic earnings estimate revisions counsel that analysts have gotten extra optimistic on SEAS’s earnings for the approaching quarter and yr. In actual fact, consensus estimates have moved sharply greater for each of those time frames over the previous 4 weeks, suggesting that SeaWorld may very well be a stable selection for traders.

Present Quarter Estimates for SEAS

Previously 60 days, six estimates have gone greater for SeaWorld whereas none have gone decrease in the identical time interval. The development has been fairly favorable too, with estimates growing from $1.12 a share 60 days in the past, to $1.71 at present, a transfer of 52.7%.

Present Yr Estimates for SEAS

In the meantime, SeaWorld’s present yr figures are additionally trying fairly promising, with six estimates shifting greater prior to now two months, in comparison with none decrease. The consensus estimate development has additionally seen a lift for this timeframe, growing from 97 cents per share 60 days in the past to $3.05 per share at present, a rise of 214.4%.

SeaWorld Leisure, Inc. Worth and Consensus

SeaWorld Entertainment, Inc. Price and Consensus

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SeaWorld Leisure, Inc. Worth and Consensus

SeaWorld Leisure, Inc. price-consensus-chart | SeaWorld Leisure, Inc. Quote

Backside Line

The inventory has additionally began to maneuver greater these days, including 17.6% over the previous 4 weeks, suggesting that traders are beginning to pay attention to this spectacular story. So, traders might need to think about this Zacks Rank #1 (Sturdy Purchase) inventory to revenue within the close to future. You’ll be able to see the entire listing of at present’s Zacks #1 Rank shares right here.

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