Holdings of Party City Holdco Inc. (PRTY) are aligned with the stars

Party City Holdco Inc. (NYSE: PRTY) stock jumped 7.19% on Tuesday to $0.37 against a previous-day closing price of $0.35. With 32.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.75 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.3900 whereas the lowest price it dropped to was $0.3305. The 52-week range on PRTY shows that it touched its highest point at $5.58 and its lowest point at $0.15 during that stretch. It currently has a 1-year price target of $2.00.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRTY was up-trending over the past week, with a rise of 80.60%, but this was down by -6.47% over a month. Three-month performance dropped to -71.44% while six-month performance fell -71.65%. The stock lost -93.67% in the past year, while it has gained 2.38% so far this year. A look at the trailing 12-month EPS for PRTY yields 1.34 with Next year EPS estimates of -0.17. For the next quarter, that number is 0.15. This implies an EPS growth rate of -300.00% for this year and 87.50% for next year. EPS is expected to grow by 12.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.33%.

Float and Shares Shorts:

At present, 113.32 million PRTY shares are outstanding with a float of 87.56 million shares on hand for trading. On Dec 29, 2022, short shares totaled 15.11 million, which was 13.33% higher than short shares on Nov 29, 2022. In addition to Mr. Bradley Morgan Weston as the firm’s CEO & Director, Mr. Sean C. Thompson serves as its Pres & Chief Commercial Officer.

Institutional Ownership:

Through their ownership of 61.43% of PRTY’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 75.33% of PRTY, in contrast to 35.69% held by mutual funds. Shares owned by individuals account for 15.81%. As the largest shareholder in PRTY with 17.26% of the stake, CAS Investment Partners LLC holds 19,557,248 shares worth 19,557,248. A second-largest stockholder of PRTY, The Vanguard Group, Inc., holds 6,007,987 shares, controlling over 5.30% of the firm’s shares. Castleknight Management LP is the third largest shareholder in PRTY, holding 4,531,859 shares or 4.00% stake. With a 3.38% stake in PRTY, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 3,826,895 shares are owned by the mutual fund manager. The Schwab Fundamental US Small Compa, which owns about 2.30% of PRTY stock, is the second-largest Mutual Fund holder. It holds 2,607,243 shares valued at 0.95 million. iShares Russell 2000 ETF holds 2.17% of the stake in PRTY, owning 2,464,358 shares worth 0.9 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Sep 29, 2022, PRTY reported revenue of $527.45M and operating income of $10.67M. The EBITDA in the recently reported quarter was $28.21M and diluted EPS was $1.42.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRTY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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