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Park Hotels & Resorts (PK) Stock Forecast, Price Target & Predictions

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PK Stock Forecast

Park Hotels & Resorts stock forecast is as follows: an average price target of $19.08 (represents a 26.44% upside from PK’s last price of $15.09) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

PK Price Target

The average price target for Park Hotels & Resorts (PK) is $19.08 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $15.00. This represents a potential 26.44% upside from PK's last price of $15.09.

PK Analyst Ratings

Buy

According to 9 Wall Street analysts, Park Hotels & Resorts's rating consensus is 'Buy'. The analyst rating breakdown for PK stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Park Hotels & Resorts Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Dany AsadBank of America Securities$16.50$14.0717.23%9.34%
May 28, 2024Chris WoronkaDeutsche Bank$23.00$16.0543.30%52.42%
May 15, 2024Diane PfenningwerthEvercore ISI$20.00$16.1224.07%32.54%
Mar 12, 2024Chris WoronkaDeutsche Bank$24.00$17.3238.57%59.05%
Dec 05, 2022-Morgan Stanley$15.00$12.3721.26%-0.60%
Jul 07, 2022-Barclays$18.00$13.0937.51%19.28%
May 03, 2022-Deutsche Bank$28.00$19.4643.88%85.55%
Jun 03, 2021Robin M. FarleyUBS$22.00$20.467.53%45.79%
Apr 28, 2021Anthony PowellBarclays$22.00$22.38-1.70%45.79%
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The latest Park Hotels & Resorts stock forecast, released on Oct 21, 2024 by Dany Asad from Bank of America Securities, set a price target of $16.50, which represents a 17.23% increase from the stock price at the time of the forecast ($14.07), and a 9.34% increase from PK last price ($15.09).

Park Hotels & Resorts Price Target by Period

1M3M12M
# Anlaysts114
Avg Price Target$16.50$16.50$20.88
Last Closing Price$15.09$15.09$15.09
Upside/Downside9.34%9.34%38.37%

In the current month, the average price target of Park Hotels & Resorts stock is $16.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.34% increase as opposed to Park Hotels & Resorts's last price of $15.09. This month's average price target is down 0.00% compared to last quarter, and down -20.98% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 26, 2024Morgan StanleyEqual-WeightUnderweightDowngrade
Sep 25, 2024Wolfe Research-Peer PerformDowngrade
Sep 12, 2024UBSNeutralNeutralHold
Aug 21, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 13, 2024WedbushBuyBuyHold
Aug 13, 2024Evercore ISIUnderperformUnderperformHold
Jun 07, 2024CitigroupBuyBuyHold
May 28, 2024Deutsche BankBuyBuyHold
May 24, 2024BarclaysOverweightOverweightHold
May 15, 2024Evercore ISI-OutperformUpgrade
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Park Hotels & Resorts's last stock rating was published by Morgan Stanley on Sep 26, 2024. The company Downgrade its PK rating from "Equal-Weight" to "Underweight".

Park Hotels & Resorts Financial Forecast

Park Hotels & Resorts Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$657.00M$679.00M$714.00M$648.00M$665.00M$662.00M$695.00M$479.00M$451.00M$423.00M$323.00M$165.00M$113.00M$98.00M$42.00M$599.00M$810.00M$672.00M
Avg Forecast$689.50M$697.00M$723.50M$670.00M$669.22M$668.46M$701.30M$642.04M$633.98M$646.15M$691.83M$629.46M$651.99M$664.76M$718.29M$616.99M$652.28M$654.16M$657.42M$421.79M$435.67M$412.90M$278.88M$141.28M$146.45M$122.05M$62.48M$606.81M$785.02M$667.39M
High Forecast$708.10M$715.81M$743.02M$688.08M$687.27M$686.49M$720.22M$644.69M$658.74M$649.90M$691.83M$629.46M$679.78M$694.41M$737.67M$633.63M$669.88M$654.16M$657.42M$421.79M$435.67M$412.90M$278.88M$141.28M$146.45M$122.05M$62.48M$606.81M$785.02M$667.39M
Low Forecast$654.44M$661.56M$686.71M$635.93M$635.19M$634.47M$665.64M$636.73M$605.83M$642.41M$691.83M$629.46M$638.20M$625.37M$681.77M$585.62M$619.12M$654.16M$657.42M$421.79M$435.67M$412.90M$278.88M$141.28M$146.45M$122.05M$62.48M$606.81M$785.02M$667.39M
# Analysts22221114842241366555111211109977986
Surprise %------------1.01%1.02%0.99%1.05%1.02%1.01%1.06%1.14%1.04%1.02%1.16%1.17%0.77%0.80%0.67%0.99%1.03%1.01%

Park Hotels & Resorts's average Quarter revenue forecast for Mar 24 based on 2 analysts is $629.46M, with a low forecast of $629.46M, and a high forecast of $629.46M. PK's average Quarter revenue forecast represents a -4.19% decrease compared to the company's last Quarter revenue of $657.00M (Dec 23).

Park Hotels & Resorts EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221114842241366555111211109977986
EBITDA------------$189.00M$31.00M$-150.00M$145.00M$166.00M$154.00M$287.00M$75.00M$68.00M$45.00M$21.00M$-52.00M$-100.00M$-141.00M$-131.00M$-563.00M$268.00M$99.00M
Avg Forecast$69.11M$69.86M$72.52M$67.15M$67.07M$67.00M$70.29M$64.35M$63.54M$64.76M$69.34M$103.71M$65.35M$66.63M$71.99M$94.29M$56.10M$65.57M$65.89M$85.71M$43.67M$41.38M$27.95M$-54.45M$14.68M$12.23M$6.26M$-17.28B$78.68M$66.89M
High Forecast$70.97M$71.74M$74.47M$68.96M$68.88M$68.81M$72.19M$64.62M$66.02M$65.14M$69.34M$124.46M$68.13M$69.60M$73.94M$113.14M$67.32M$65.57M$65.89M$102.86M$43.67M$41.38M$27.95M$-43.56M$14.68M$12.23M$6.26M$-13.83B$78.68M$66.89M
Low Forecast$65.59M$66.31M$68.83M$63.74M$63.66M$63.59M$66.72M$63.82M$60.72M$64.39M$69.34M$82.97M$63.97M$62.68M$68.33M$75.43M$44.88M$65.57M$65.89M$68.57M$43.67M$41.38M$27.95M$-65.34M$14.68M$12.23M$6.26M$-20.74B$78.68M$66.89M
Surprise %------------2.89%0.47%-2.08%1.54%2.96%2.35%4.36%0.88%1.56%1.09%0.75%0.96%-6.81%-11.53%-20.92%0.03%3.41%1.48%

2 analysts predict PK's average Quarter EBITDA for Mar 24 to be $103.71M, with a high of $124.46M and a low of $82.97M. This is -45.12% lower than Park Hotels & Resorts's previous annual EBITDA (Dec 23) of $189.00M.

Park Hotels & Resorts Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221114842241366555111211109977986
Net Income------------$189.00M$27.00M$-150.00M$33.00M$34.00M$35.00M$150.00M$-57.00M$-65.00M$-86.00M$-116.00M$-190.00M$-217.00M$-276.00M$-259.00M$-688.00M$123.00M$5.00M
Avg Forecast$54.08M$58.24M$85.28M$54.08M$38.46M$39.18M$64.22M$38.36M$24.92M$28.80M$57.83M$-78.82M$32.38M$21.18M$55.32M$-71.66M$-55.27M$16.46M$31.98M$-65.14M$-52.57M$-62.02M$-130.09M$-198.94M$-193.12M$-182.44M$-193.10M$-21.12B$70.58M$77.65M
High Forecast$55.98M$60.28M$88.27M$55.98M$39.81M$40.56M$66.47M$42.70M$29.32M$30.10M$57.84M$-63.06M$34.29M$35.30M$57.26M$-57.33M$-44.22M$16.46M$31.98M$-52.11M$-52.57M$-62.02M$-130.09M$-159.15M$-193.12M$-182.44M$-193.10M$-16.90B$70.58M$77.65M
Low Forecast$50.50M$54.39M$79.64M$50.50M$35.92M$36.59M$59.97M$35.47M$21.01M$27.49M$57.83M$-94.59M$30.48M$14.12M$51.67M$-85.99M$-66.33M$16.46M$31.98M$-78.17M$-52.57M$-62.02M$-130.09M$-238.73M$-193.12M$-182.44M$-193.10M$-25.35B$70.58M$77.65M
Surprise %------------5.84%1.27%-2.71%-0.46%-0.62%2.13%4.69%0.88%1.24%1.39%0.89%0.96%1.12%1.51%1.34%0.03%1.74%0.06%

Park Hotels & Resorts's average Quarter net income forecast for Mar 24 is $-78.82M, with a range of $-94.59M to $-63.06M. PK's average Quarter net income forecast represents a -141.71% decrease compared to the company's last Quarter net income of $189.00M (Dec 23).

Park Hotels & Resorts SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221114842241366555111211109977986
SG&A------------$15.00M$18.00M$16.00M$16.00M$15.00M$16.00M$16.00M$16.00M$33.00M$33.00M$30.00M$25.00M$102.00M$96.00M$92.00M$135.00M$149.00M$130.00M
Avg Forecast$26.28M$26.56M$27.57M$25.53M$25.50M$25.47M$26.73M$24.47M$24.16M$24.62M$26.37M$22.13M$24.85M$25.33M$27.37M$20.11M$27.23M$24.93M$25.05M$18.29M$16.60M$15.74M$10.63M$26.18M$5.58M$4.65M$2.38M$23.13M$29.92M$25.43M
High Forecast$26.99M$27.28M$28.32M$26.22M$26.19M$26.16M$27.45M$24.57M$25.10M$24.77M$26.37M$26.55M$25.91M$26.46M$28.11M$24.14M$32.67M$24.93M$25.05M$21.94M$16.60M$15.74M$10.63M$31.41M$5.58M$4.65M$2.38M$23.13M$29.92M$25.43M
Low Forecast$24.94M$25.21M$26.17M$24.24M$24.21M$24.18M$25.37M$24.27M$23.09M$24.48M$26.37M$17.70M$24.32M$23.83M$25.98M$16.09M$21.78M$24.93M$25.05M$14.63M$16.60M$15.74M$10.63M$20.94M$5.58M$4.65M$2.38M$23.13M$29.92M$25.43M
Surprise %------------0.60%0.71%0.58%0.80%0.55%0.64%0.64%0.88%1.99%2.10%2.82%0.96%18.28%20.64%38.64%5.84%4.98%5.11%

Park Hotels & Resorts's average Quarter SG&A projection for Mar 24 is $22.13M, based on 2 Wall Street analysts, with a range of $17.70M to $26.55M. The forecast indicates a 47.50% rise compared to PK last annual SG&A of $15.00M (Dec 23).

Park Hotels & Resorts EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts22221114842241366555111211109977986
EPS------------$0.90$0.13$-0.70$0.15$0.15$0.15$0.66$-0.24$-0.28$-0.36$-0.49$-0.81$-0.92$-1.17$-1.10$-2.89$0.51$0.02
Avg Forecast$0.26$0.28$0.41$0.26$0.18$0.19$0.31$0.18$0.12$0.14$0.28$0.09$0.16$0.10$0.27$0.07$0.09$0.08$0.15$-0.33$-0.25$-0.29$-0.62$-0.83$-0.92$-0.86$-0.92$0.02$0.33$0.37
High Forecast$0.27$0.29$0.42$0.27$0.19$0.19$0.32$0.21$0.14$0.14$0.28$0.09$0.16$0.17$0.28$0.07$0.10$0.08$0.15$-0.33$-0.25$-0.29$-0.62$-0.83$-0.92$-0.86$-0.92$0.02$0.33$0.37
Low Forecast$0.24$0.26$0.38$0.24$0.17$0.18$0.29$0.17$0.10$0.13$0.28$0.09$0.15$0.07$0.25$0.06$0.09$0.08$0.15$-0.33$-0.25$-0.29$-0.62$-0.83$-0.92$-0.86$-0.92$0.02$0.33$0.37
Surprise %------------5.78%1.28%-2.63%2.23%1.60%1.92%4.35%0.73%1.12%1.22%0.79%0.98%1.01%1.35%1.20%-170.32%1.52%0.05%

According to 2 Wall Street analysts, Park Hotels & Resorts's projected average Quarter EPS for Mar 24 is $0.09, with a low estimate of $0.09 and a high estimate of $0.09. This represents a -89.47% decrease compared to PK previous annual EPS of $0.90 (Dec 23).

Park Hotels & Resorts Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PEBPebblebrook Hotel Trust$12.74$18.8147.65%Sell
RLJRLJ Lodging Trust$9.94$12.8329.07%Hold
PKPark Hotels & Resorts$15.09$19.0826.44%Buy
HTHersha Hospitality Trust$9.99$12.2522.62%Buy
DRHDiamondRock Hospitality Company$9.16$10.5014.63%Hold
SHOSunstone Hotel Investors$10.51$11.297.42%Hold
RHPRyman Hospitality Properties$113.76$115.801.79%Buy

PK Forecast FAQ

Is Park Hotels & Resorts a good buy?

Yes, according to 9 Wall Street analysts, Park Hotels & Resorts (PK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of PK's total ratings.

What is PK's price target?

Park Hotels & Resorts (PK) average price target is $19.08 with a range of $15 to $23, implying a 26.44% from its last price of $15.09. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Park Hotels & Resorts stock go up soon?

According to Wall Street analysts' prediction for PK stock, the company can go up by 26.44% (from the last price of $15.09 to the average price target of $19.08), up by 52.42% based on the highest stock price target, and down by -0.60% based on the lowest stock price target.

Can Park Hotels & Resorts stock reach $20?

PK's highest twelve months analyst stock price target of $23 supports the claim that Park Hotels & Resorts can reach $20 in the near future.

What is Park Hotels & Resorts's current price target trend?

1 Wall Street analyst forecast a $16.5 price target for Park Hotels & Resorts (PK) this month, up 9.34% from its last price of $15.09. Compared to the last 3 and 12 months, the average price target increased by 9.34% and increased by 38.37%, respectively.

What are Park Hotels & Resorts's analysts' financial forecasts?

Park Hotels & Resorts's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.68B (high $2.74B, low $2.57B), average EBITDA is $268.71M (high $274.49M, low $257.79M), average net income is $180.22M (high $189.54M, low $167.95M), average SG&A $102.17M (high $104.37M, low $98.02M), and average EPS is $0.866 (high $0.911, low $0.807). PK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.78B (high $2.86B, low $2.64B), average EBITDA is $278.64M (high $286.15M, low $264.47M), average net income is $251.68M (high $260.51M, low $235.04M), average SG&A $105.94M (high $108.8M, low $100.56M), and average EPS is $1.21 (high $1.25, low $1.13).

Did the PK's actual financial results beat the analysts' financial forecasts?

Based on Park Hotels & Resorts's last annual report (Dec 2023), the company's revenue was $2.7B, beating the average analysts forecast of $2.65B by 1.73%. Apple's EBITDA was $107M, missing the average prediction of $298.25M by -64.12%. The company's net income was $107M, beating the average estimation of $37.23M by 187.43%. Apple's SG&A was $65M, missing the average forecast of $97.67M by -33.45%. Lastly, the company's EPS was $0.5, missing the average prediction of $0.591 by -15.36%. In terms of the last quarterly report (Dec 2023), Park Hotels & Resorts's revenue was $657M, beating the average analysts' forecast of $651.99M by 0.77%. The company's EBITDA was $189M, beating the average prediction of $65.35M by 189.22%. Park Hotels & Resorts's net income was $189M, beating the average estimation of $32.38M by 483.63%. The company's SG&A was $15M, missing the average forecast of $24.85M by -39.63%. Lastly, the company's EPS was $0.9, beating the average prediction of $0.156 by 478.07%