SeaWorld SEAS, a leading aquatic-based concept park and enjoyment firm, is coming out of the pandemic downturn with a vengeance. SEAS has soared 850% out of the ashes of its pandemic lows and is now trading more than 90% above its pre-pandemic levels with far more space to operate.
I originally pitched SEAS as my bull of the day in late August of past yr when the inventory was investing at a lot less than $50 a share (more than 40% returns considering that). Nonetheless, this stock’s modern skill to buck the broader market’s declines prospects me to conclude that SEAS’s 25-thirty day period bullish uptrend is far from about as the US economy at last emerges from the medically induced economic downturn mask-cost-free.
SeaWorld proved its operational superiority in the amusement park house this previous calendar year, demonstrating an unparalleled return to profitability with report annual results as in 2021 (a thing no other travel & leisure business can claim).
The awe-inspiring rally SEAS exhibited from its pandemic lows can be attributed to the company’s savvy leadership team, led by Marc Swanson, who has captured more revenue (& market place share) from pleasure-looking for prospects than any of its peers, and still the stock nonetheless trades at a relative valuation low cost.
Analysts have turn out to be additional bullish on SEAS than I at any time assumed was attainable, with a lot of expecting its approaching earnings report (May possibly 5th) to be a catalyst for this primary vacation & leisure stock’s ostensibly inhibited price.
Analysts have cited that consensus anticipations for SeaWorld’s Q1 earnings underestimate foot site visitors and in-park spending, which is driving intense upward EPS revisions, propelling SEAS into a Zacks #1 (Robust Acquire).
The Blackfish Stigma
SeaWorld went public in April of 2013, just 3 months just before the launch of the critically acclaimed documentary, Blackfish, which was a black eye for the topic park’s most important attraction. The killer whale (aka orca) exhibit and the superb aquatic acrobatics demonstrated by the two the excellent whales and their trainers had viewers in