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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.
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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.
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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.
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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.
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Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
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