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Pursuit Attractions and Hospitality (PRSU)
NYSE:PRSU
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Pursuit Attractions and Hospitality (PRSU) AI Stock Analysis

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Pursuit Attractions and Hospitality

(NYSE:PRSU)

Rating:58Neutral
Price Target:
$31.00
▲(3.02%Upside)
Pursuit Attractions and Hospitality exhibits a mixed outlook. Financial performance challenges, particularly in revenue stability and operational efficiency, are significant concerns. However, technical indicators show potential for moderate gains, and the low P/E ratio suggests undervaluation. Strategic acquisitions and positive earnings guidance provide additional strength, though tempered by ongoing losses and operational challenges.

Pursuit Attractions and Hospitality (PRSU) vs. SPDR S&P 500 ETF (SPY)

Pursuit Attractions and Hospitality Business Overview & Revenue Model

Company DescriptionPursuit Attractions and Hospitality, Inc., an attraction and hospitality company, owns and operates hospitality destinations in the United States, Canada, and Iceland. It operates various attractions and lodges with restaurants, retail, and transportation facilities. The company was formerly known as Viad Corp and changed its name to Pursuit Attractions and Hospitality, Inc. in January 2025. Pursuit Attractions and Hospitality, Inc. was founded in 1926 and is headquartered in Scottsdale, Arizona.
How the Company Makes MoneyPRSU generates revenue through several key channels. The primary revenue stream comes from ticket sales for its various attractions and tours, which draw millions of visitors annually. Additionally, PRSU earns income from its hospitality segment, which includes revenue from accommodations, dining, and retail services offered at or near its attractions. The company also benefits from strategic partnerships with travel agencies and online platforms, which help to increase its visibility and attract more visitors. Moreover, PRSU leverages its brand strength to secure sponsorships and exclusive partnerships with other businesses in the travel and leisure sector, further contributing to its revenue.

Pursuit Attractions and Hospitality Earnings Call Summary

Earnings Call Date:May 08, 2025
(Q1-2025)
|
% Change Since: 1.45%|
Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with notable achievements in financial performance, successful integration of acquisitions, and strong booking pacing for 2025. However, these positives were balanced by challenges such as a net loss, decline in adjusted EBITDA, difficulties at FlyOver Las Vegas, and unfavorable foreign exchange impacts.
Q1-2025 Updates
Positive Updates
Strong Start to Fiscal Year 2025
Reported solid financial performance in Q1, with strong demand indicators across markets and reaffirmation of full-year guidance for double-digit growth in both revenue and adjusted EBITDA.
Successful Integration of Acquisitions
Progress made in integrating three recent tuck-in acquisitions, which are expected to contribute meaningfully to momentum heading into summer 2025.
Financial Stability and Growth Outlook
Maintained a strong balance sheet with low leverage, substantial revolver capacity, and total liquidity of $212.1 million. Reaffirmed guidance for double-digit growth in full-year revenue and adjusted EBITDA.
Attractions Ticket Revenue Growth
Attraction ticket revenue reached $19 million, reflecting a 6% year-over-year increase driven by higher effective ticket prices and increased visitors.
Room Booking Pacing for 2025
US lodging properties are pacing approximately 10% ahead of the same time last year, and Canadian properties are up approximately 2% year over year.
Negative Updates
Net Loss and Adjusted EBITDA Decline
Net loss attributable to Pursuit Attractions and Hospitality, Inc. was $31.1 million, compared to $25.1 million in the prior year. Adjusted EBITDA declined by $2.9 million to negative $17.5 million.
Challenges at FlyOver Las Vegas
FlyOver Las Vegas continues to face challenges, with difficult market conditions impacting performance.
Impact of Foreign Exchange Rates
Unfavorable foreign exchange rate variances impacted first quarter revenue by approximately $1.3 million, with a $7 million year-over-year headwind expected due to currency fluctuations.
Decrease in Lodging Revenue
Lodging room revenue totaled $7.3 million, reflecting a $300,000 decrease compared to 2024, primarily due to fewer rooms being available at the Forest Park Hotel's Woodland Wing and unfavorable FX impact.
Company Guidance
During Pursuit Attractions and Hospitality, Inc.'s 2025 First Quarter Earnings Conference Call, the company reaffirmed its guidance for double-digit growth in both revenue and adjusted EBITDA for the full year, with an expected adjusted EBITDA range of $98 million to $108 million. The company reported first-quarter revenue of $37.6 million, a 1% increase year-over-year, with an adjusted net loss of $26.9 million compared to $25.4 million in the prior year. Despite unfavorable foreign exchange impacts, same-store constant currency revenue grew by 4%. The balance sheet remains strong with a net leverage ratio under 1x, a total debt balance of $78.9 million, and total liquidity of $212.1 million. Pursuit Attractions and Hospitality, Inc. plans to invest $38 million to $43 million in growth projects in 2025, including significant renovations at their Forest Park Hotel. The company highlighted strong demand for its attractions, with a 6% year-over-year increase in attraction ticket revenue, and robust room booking pacing, particularly in the US and Canadian properties.

Pursuit Attractions and Hospitality Financial Statement Overview

Summary
Pursuit Attractions and Hospitality shows a mixed financial performance with signs of recovery in profitability but faces challenges in operational efficiency and cash flow stability. The balance sheet shows improved leverage but retains potential risks due to low equity ratios.
Income Statement
45
Neutral
The company has shown significant volatility in its financial performance. There was a notable reduction in revenue from 2023 to 2024, which affected its gross profit margin and net profit margin. The EBIT and EBITDA margins have also shown inconsistency, reflecting operational inefficiency. The company transitioned from losses to profits, displaying some recovery but with significant room for improvement in profitability and stability.
Balance Sheet
50
Neutral
The balance sheet shows a low debt-to-equity ratio due to a substantial increase in stockholders' equity in 2024, which suggests a healthier leverage position. However, the equity ratio remains relatively low, indicating potential risks related to asset financing. The return on equity has improved significantly, driven by the substantial net income in 2024, but historical performance has been weak, highlighting the need for sustained improvement.
Cash Flow
40
Negative
The cash flow statement reveals significant fluctuation in free cash flow, with marginal growth in 2024 compared to previous years. The operating cash flow to net income ratio indicates some stability in cash generation, but the overall cash flow management remains a concern with inconsistent free cash flow to net income ratios, suggesting challenges in converting profits into cash.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue366.49M350.29M299.33M507.34M415.44M
Gross Profit40.56M53.44M24.10M-46.93M-116.17M
EBITDA11.71M71.17M40.71M-13.01M-286.41M
Net Income368.54M16.02M23.22M-92.66M-374.09M
Balance Sheet
Total Assets845.01M1.14B1.09B1.04B853.22M
Cash, Cash Equivalents and Short-Term Investments49.70M27.43M59.72M61.60M39.55M
Total Debt112.73M490.06M584.70M565.24M379.54M
Total Liabilities228.32M999.97M988.55M940.35M673.90M
Stockholders Equity525.83M43.43M14.53M6.28M95.95M
Cash Flow
Free Cash Flow718.00K18.33M-5.08M-95.79M-133.81M
Operating Cash Flow56.95M80.77M51.82M-37.85M-80.25M
Investing Cash Flow369.10M-62.48M-82.26M-51.80M-6.77M
Financing Cash Flow-399.07M-34.14M-3.28M107.89M66.29M

Pursuit Attractions and Hospitality Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price30.09
Price Trends
50DMA
29.09
Positive
100DMA
31.84
Negative
200DMA
36.26
Negative
Market Momentum
MACD
0.47
Positive
RSI
51.87
Neutral
STOCH
17.02
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRSU, the sentiment is Neutral. The current price of 30.09 is above the 20-day moving average (MA) of 29.80, above the 50-day MA of 29.09, and below the 200-day MA of 36.26, indicating a neutral trend. The MACD of 0.47 indicates Positive momentum. The RSI at 51.87 is Neutral, neither overbought nor oversold. The STOCH value of 17.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PRSU.

Pursuit Attractions and Hospitality Risk Analysis

Pursuit Attractions and Hospitality disclosed 26 risk factors in its most recent earnings report. Pursuit Attractions and Hospitality reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Pursuit Attractions and Hospitality Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
ABABM
75
Outperform
$3.00B38.764.30%2.20%3.52%-67.27%
THTH
74
Outperform
$774.05M17.7611.23%-33.11%-68.55%
71
Outperform
$11.25B33.0511.77%0.97%-3.47%-45.03%
BVBV
66
Neutral
$1.46B85.782.56%-2.85%-108.99%
65
Neutral
$10.86B15.575.28%1.92%3.13%-27.76%
UNUNF
61
Neutral
$3.17B21.847.15%0.79%4.18%18.93%
58
Neutral
$836.94M2.41-42.67%-26.67%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PRSU
Pursuit Attractions and Hospitality
30.09
-7.93
-20.86%
ABM
ABM Industries
48.42
-4.25
-8.07%
UNF
UniFirst
177.83
-2.08
-1.16%
ARMK
ARAMARK Holdings
43.27
10.79
33.22%
BV
BrightView Holdings
15.88
2.61
19.67%
TH
Target Hospitality
7.80
-1.55
-16.58%

Pursuit Attractions and Hospitality Corporate Events

M&A TransactionsBusiness Operations and Strategy
Pursuit Completes Acquisition of Costa Rican Resort
Positive
Jul 8, 2025

On July 1, 2025, Pursuit Attractions and Hospitality, Inc. completed the acquisition of Inversiones Turísticas Arenal, S.A., the owner and operator of Tabacón Thermal Resort and Spa in Costa Rica, for $111.0 million. This strategic acquisition, funded through the company’s revolving credit facility, is expected to enhance Pursuit’s portfolio and strengthen its market position in the hospitality sector.

The most recent analyst rating on (PRSU) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on Pursuit Attractions and Hospitality stock, see the PRSU Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Pursuit Attractions Appoints New Chief Accounting Officer
Neutral
May 27, 2025

Pursuit Attractions and Hospitality, Inc. announced the appointment of Michael Bosco as the new Senior Vice President and Chief Accounting Officer, effective July 1, 2025. Bosco, who has an extensive background at Vail Resorts, will replace Leslie Striedel. His compensation package includes a base salary, cash incentive bonus, and equity awards. On May 22, 2025, the company held its annual meeting where shareholders elected directors and ratified Deloitte & Touche LLP as the independent accounting firm for 2025. Shareholders also approved executive compensation.

The most recent analyst rating on (PRSU) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on Pursuit Attractions and Hospitality stock, see the PRSU Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 16, 2025