SeaWorld Entertainment (NYSE:SEAS) changed 1.08% to recent value of $27.25. The stock transacted 1029839 shares during most recent day however it has an average volume of 1619.03K shares. It spotted trading -16.08% off 52-week high price. On the other end, the stock has been noted 58.80% away from the low price over the last 52-weeks.

SeaWorld Entertainment (NYSE:SEAS)

announced that (a) the Company has entered into an agreement to acquire approximately 5.6 million shares for approximately $150.0 million from an affiliate of PAG and (b) Hill Path Capital LP and certain of its affiliated investment funds (“Hill Path”), a long-term SeaWorld investor have entered into an agreement for certain of such affiliated investment funds to acquire approximately 13.2 million shares, from an affiliate of PAG, increasing its equity stake in the Company to approximately 34.5%.

Yoshikazu Maruyama, Chairman of SeaWorld stated, “The Company’s decision to buy back shares underscores management and the Board’s belief in the Company and its prospects and that SeaWorld is a highly attractive investment opportunity.  The buyback also reinforces the Company and the Board’s commitment to opportunistically use excess capital to return value to shareholders.  Our improving financial and operating results over the past several quarters demonstrate that we are on the right track to deliver further value to shareholders.”

“We are thrilled that Hill Path has agreed to increase its investment in SeaWorld,” said Gus Antorcha, Chief Executive Officer of SeaWorld.  “Scott Ross, Hill Path Managing Partner and SeaWorld director, has been a tremendous asset to the Company.  His insights and guidance have been invaluable as we have developed and executed on our growth strategy.  We will continue to lean on Scott and his team as we make further improvements to the business.”

 SEAS has a gross margin of 41.50% and an operating margin of 13.00% while its profit margin remained 5.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained 121.70% for this year while earning per share for the next 5-years is expected to reach at -6.00%.

 The company has 83.3M of outstanding shares and 68.99M shares were floated in the market. According to the most recent quarter its current ratio was 0.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.87% from the mean of 20 days, 7.70% from mean of 50 days SMA and performed 2.72% from mean of 200 days price. Company’s performance for the week was 1.08%, 5.21% for month and YTD performance remained 23.36%.

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