Park Hotels Resorts Stock Today

PK Stock  USD 16.32  0.08  0.49%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Park Hotels is selling for 16.32 as of the 18th of May 2024. This is a -0.49 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 16.27. Park Hotels has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Park Hotels Resorts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2022 and ending today, the 18th of May 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
4th of January 2017
Category
Real Estate
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Parks portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations. The company has 210.6 M outstanding shares of which 16.31 M shares are at this time sold short in the market by investors with about 7.3 days to cover all shorted shares. More on Park Hotels Resorts

Moving against Park Stock

  0.48BHR Braemar Hotel ResortsPairCorr
Follow Valuation Options Odds of Bankruptcy
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Park Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Park Hotels' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Park Hotels or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Park Hotels' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Park Hotels' managers, analysts, and investors.
Environmental
Governance
Social
ChairmanThomas Baltimore
Thematic Ideas
(View all Themes)
Business ConcentrationHotel & Resort REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Stock Exchange Of, SP Midcap 400, SET Total Return, Hotels, Restaraunts Hotels Motels, Real Estate, Diversified REITs, REIT—Hotel & Motel, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Park Hotels report their recommendations after researching Park Hotels' financial statements, talking to executives and customers, or listening in on Park Hotels' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Park Hotels Resorts. The Park consensus assessment is calculated by taking the average forecast from all of the analysts covering Park Hotels.
Financial Strength
Based on the key indicators related to Park Hotels' liquidity, profitability, solvency, and operating efficiency, Park Hotels Resorts is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in June. Financial strength of Park Hotels Resorts is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.2864
Moderately Down
Pretty Stable
Net DebtBB
Slightly Up
Very volatile
Total Current Liabilities446.7 M738 M
Way Down
Slightly volatile
Non Current Liabilities TotalB4.9 B
Significantly Down
Slightly volatile
Total Assets10.9 B9.4 B
Fairly Up
Slightly volatile
Total Current AssetsB1.7 B
Way Down
Slightly volatile
Park Hotels' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Park Hotels' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Park Hotels' financial leverage. It provides some insight into what part of Park Hotels' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Park Hotels' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Park Hotels deploys its capital and how much of that capital is borrowed.
Liquidity
Park Hotels cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 4.71 B of total liabilities with total debt to equity ratio (D/E) of 1.14, which is normal for its line of buisiness. Park Hotels Resorts has a current ratio of 4.57, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Park Hotels until it has trouble settling it off, either with new capital or with free cash flow. So, Park Hotels' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Park Hotels Resorts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Park to invest in growth at high rates of return. When we think about Park Hotels' use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

985.95 Million
Park Hotels Resorts (PK) is traded on New York Stock Exchange in USA. It is located in 1775 Tysons Boulevard, Tysons, VA, United States, 22102-4285 and employs 90 people. Park Hotels is listed under Hotel & Resort REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 3.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Park Hotels's market, we take the total number of its shares issued and multiply it by Park Hotels's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Park Hotels Resorts is active under Diversified REITs sector as part of Real Estate industry. The entity has 210.6 M outstanding shares of which 16.31 M shares are at this time sold short in the market by investors with about 7.3 days to cover all shorted shares. Park Hotels Resorts reports about 906 M in cash with 518 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32.
Check Park Hotels Probability Of Bankruptcy
Ownership Allocation
Park Hotels Resorts has a total of 210.6 Million outstanding shares. Roughly 88.0 pct. of Park Hotels outstanding shares are held by general public with 1.54 % owned by insiders and only 10.0 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Park Ownership Details

Park Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Park Hotels jumping above the current price in 90 days from now is about 62.88%. The Park Hotels Resorts probability density function shows the probability of Park Hotels stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.5637 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Park Hotels will likely underperform. Additionally, park Hotels Resorts has an alpha of 0.024, implying that it can generate a 0.024 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.32HorizonTargetOdds Above 16.32
36.86%90 days
 16.32 
62.88%
Based on a normal probability distribution, the odds of Park Hotels to move above the current price in 90 days from now is about 62.88 (This Park Hotels Resorts probability density function shows the probability of Park Stock to fall within a particular range of prices over 90 days) .

Park Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Park Hotels that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Park Hotels' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Park Hotels' value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
2.7 M
Vulcan Value Partners, Llc2023-12-31
2.7 M
Southeastern Asset Management Inc2023-12-31
2.4 M
Bank Of New York Mellon Corp2023-12-31
2.3 M
Perry Creek Capital Lp2023-12-31
2.2 M
Private Management Group Inc2023-12-31
2.2 M
Los Angeles Capital Management Llc2024-03-31
2.1 M
Norges Bank2023-12-31
2.1 M
Millennium Management Llc2023-12-31
M
Vanguard Group Inc2023-12-31
33 M
Blackrock Inc2023-12-31
28.7 M
View Park Hotels Diagnostics

Park Hotels Historical Income Statement

Park Hotels Resorts Income Statement is one of the three primary financial statements used for reporting Park's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Park Hotels Resorts revenue and expense. Park Hotels Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Park Hotels' Income Tax Expense is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 200.5 M this year, although the value of Selling And Marketing Expenses will most likely fall to about 36.2 M. View More Fundamentals

Park Stock Against Markets

Picking the right benchmark for Park Hotels stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Park Hotels stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Park Hotels is critical whether you are bullish or bearish towards Park Hotels Resorts at a given time. Please also check how Park Hotels' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Park Hotels without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Park Hotels Corporate Management

Elected by the shareholders, the Park Hotels' board of directors comprises two types of representatives: Park Hotels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Park. The board's role is to monitor Park Hotels' management team and ensure that shareholders' interests are well served. Park Hotels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Park Hotels' outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott WinerSenior TaxProfile
Timothy NaughtonIndependent DirectorProfile
Jill OlanderExecutive Vice President - Human ResourcesProfile
Darren RobbSenior OfficerProfile

How to buy Park Stock?

Before investing in Park Hotels, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Park Hotels. To buy Park Hotels stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Park Hotels. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Park Hotels stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Park Hotels Resorts stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Park Hotels Resorts stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Park Hotels Resorts, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Park Stock please use our How to Invest in Park Hotels guide.

Already Invested in Park Hotels Resorts?

The danger of trading Park Hotels Resorts is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Park Hotels is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Park Hotels. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Park Hotels Resorts is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Park Hotels Resorts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park Hotels Resorts Stock. Highlighted below are key reports to facilitate an investment decision about Park Hotels Resorts Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Park Hotels' price analysis, check to measure Park Hotels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Park Hotels is operating at the current time. Most of Park Hotels' value examination focuses on studying past and present price action to predict the probability of Park Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Hotels' price. Additionally, you may evaluate how the addition of Park Hotels to your portfolios can decrease your overall portfolio volatility.
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Is Park Hotels' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Park Hotels. If investors know Park will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Park Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1.48
Earnings Share
0.42
Revenue Per Share
12.762
Quarterly Revenue Growth
(0.02)
The market value of Park Hotels Resorts is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Hotels' value that differs from its market value or its book value, called intrinsic value, which is Park Hotels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Park Hotels' market value can be influenced by many factors that don't directly affect Park Hotels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Park Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Hotels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.