Is Selling SeaWorld Entertainment Inc Here a Winning Strategy? Option Traders Hate The Stock

 Is Selling SeaWorld Entertainment Inc Here a Winning Strategy? Option Traders Hate The Stock

In today’s session SeaWorld Entertainment Inc (SEAS) recorded an unusually high (1,128) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2018 put, expecting serious SEAS decrease. With 1,128 contracts traded and 67164 open interest for the Jan, 18 contract, it seems this is a quite bearish bet. The option with symbol: SEAS180119P00015000 closed last at: $2.85 or 1.8% up. About 290,595 shares traded hands. SeaWorld Entertainment Inc (NYSE:SEAS) has declined 20.56% since March 16, 2016 and is downtrending. It has underperformed by 26.10% the S&P500.

Analysts await SeaWorld Entertainment Inc (NYSE:SEAS) to report earnings on November, 3. They expect $1.11 earnings per share, down 2.63% or $0.03 from last year’s $1.14 per share. SEAS’s profit will be $98.34 million for 3.10 P/E if the $1.11 EPS becomes a reality. After $0.21 actual earnings per share reported by SeaWorld Entertainment Inc for the previous quarter, Wall Street now forecasts 428.57% EPS growth.

SeaWorld Entertainment Inc (NYSE:SEAS) Ratings Coverage

Out of 11 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS), 4 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 36% are positive. SeaWorld Entertainment Inc has been the topic of 19 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was upgraded by Citigroup to “Buy” on Thursday, September 22. The firm has “Underweight” rating by Barclays Capital given on Tuesday, August 16. The firm earned “Outperform” rating on Tuesday, December 22 by FBR Capital. Citigroup maintained SeaWorld Entertainment Inc (NYSE:SEAS) on Monday, September 14 with “Buy” rating. The company was downgraded on Thursday, November 12 by Bank of America. As per Friday, August 5, the company rating was downgraded by Macquarie Research. The rating was maintained by Citigroup with “Neutral” on Tuesday, August 16. Janney Capital initiated the shares of SEAS in a report on Thursday, February 4 with “Neutral” rating. The stock of SeaWorld Entertainment Inc (NYSE:SEAS) earned “Neutral” rating by Citigroup on Friday, April 15. The rating was maintained by Dougherty & Company on Friday, September 2 with “Buy”.

According to Zacks Investment Research, “SeaWorld Entertainment, Inc. is a theme park and entertainment company operating primarily in the United States. The company owns and operates U.S. theme parks, including the popular SeaWorld(R), Busch Gardens(R) and Sesame Place(R) brands. SeaWorld Entertainment, Inc. is headquartered in Orlando, Florida.”

Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.19, from 1.01 in 2016Q1. The ratio improved, as 31 funds sold all SeaWorld Entertainment Inc shares owned while 40 reduced positions. 33 funds bought stakes while 52 increased positions. They now own 83.33 million shares or 15.73% more from 72.00 million shares in 2016Q1.
Axa has invested 0% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Overbrook Management Corporation owns 340,706 shares or 1.02% of their US portfolio. The Virginia-based Thompson Siegel Walmsley Lc has invested 0.43% in SeaWorld Entertainment Inc (NYSE:SEAS). Grp One Trading Limited Partnership accumulated 2.82 million shares or 0.48% of the stock. Royal Natl Bank Of Canada accumulated 0% or 26,489 shares. Quantitative Mgmt Limited Liability Corporation, a Virginia-based fund reported 50,100 shares. Moreover, Salzhauer Michael has 0.12% invested in SeaWorld Entertainment Inc (NYSE:SEAS) for 10,000 shares. Alliancebernstein L P accumulated 0% or 114,340 shares. New York State Common Retirement Fund has 0.01% invested in the company for 300,983 shares. Neuberger Berman Grp Ltd owns 112,530 shares or 0% of their US portfolio. First Tru Advisors L P last reported 0% of its portfolio in the stock. Airain Ltd has invested 0.02% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Marathon Partners Equity Mgmt Ltd Llc has 2.96% invested in the company for 490,000 shares. Argentiere Cap Ag holds 0.45% or 40,000 shares in its portfolio. Blackrock Fund Advsr has invested 0.01% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS).

SeaWorld Entertainment, Inc. is a theme park and entertainment company. The company has a market cap of $1.22 billion. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a 64.49 P/E ratio. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States.

SEAS Company Profile

SeaWorld Entertainment, Inc., incorporated on October 2, 2009, is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. The Company’s theme parks feature a range of rides, shows and other attractions. The Firm operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas, and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Firm operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Firm also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).

More important recent SeaWorld Entertainment Inc (NYSE:SEAS) news were published by: Prnewswire.com which released: “SeaWorld Entertainment, Inc. Announces Third Quarter 2016 Earnings Release …” on October 06, 2016, also Reuters.com published article titled: “BRIEF-Ivory Cove Ltd reports 5.2 percent stake in Seaworld Entertainment I…”, Forbes.com published: “Ex-Dividend Reminder: Deutsche Bank Contingent, Royal Caribbean Cruises and …” on September 23, 2016. More interesting news about SeaWorld Entertainment Inc (NYSE:SEAS) was released by: Investorplace.com and their article: “SeaWorld Entertainment Inc (SEAS) Sinks on Dividend Cut” with publication date: September 20, 2016.

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