PRTY stock: buy or sell?
November 15th, 2019
Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally.
Should I buy PRTY stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Party City Holdco stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Party City Holdco stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 8 ratings published for PRTY stock in the last month. The general sentiment of these ratings is bullish for PRTY stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-9||Bank of America||n/a||Buy|
|2019-8-9||Bank of America||n/a||Buy|
|2019-8-16||Morgan Stanley||n/a||Equal Weight|
|2019-7-9||JPMorgan Chase & Co.||n/a||Neutral|
|2019-7-24||Goldman Sachs Group||Neutral||Buy|
|2019-3-1||Telsey Advisory Group||Outperform||Outperform|
|2019-3-1||Telsey Advisory Group||n/a||Outperform|
|2019-3-1||JPMorgan Chase & Co.||Overweight||Neutral|
PRTY stock analysis
After boosting an amazing 9.19% on Nov/14, Party City Holdco closed yesterday at $1.89 and rose a remarkable 2.16%.
After boosting an amazing 9.19% on November 14th, Party City Holdco closed yesterday at $1.89 and rose a remarkable 2.16%. PRTY marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $2.42 would break this short term down trend and open possibilities for reversing this situation.
Shares of Party City Holdco plummed a scary -19.23% this week. With this, it's been 3 red weeks in a row, sliding $-5.15 or a -78.03%. Late October PRTY boosted an extraordinary 6.25% in just one week.
The support failed to resist and PRTY sinked deeper.
PRTY stock price history
PRTY stock went public on April 16th, 2015 with a price of $20.501. Since then, PRTY stock declined a -90.80%, with a yearly average of -22.70%.
1: Adjusted price after possible price splits or reverse-splits.
PRTY stock historical price chart
PRTY stock reached 52-week highs on February at $12.37, and all-time highs 2015-05-13 with a price of 22.6.
PRTY stock price target is $9.90How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 7 price targets for PRTY stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-9||Bank of America||Reiterates||$14.50||$10.00||-31%|
|2019-8-9||Bank of America||Lowers Target||$14.50||$10.00||-31%|
|2019-8-16||Morgan Stanley||Lowers Target||$13.00||$5.00||-61.5%|
|2019-7-9||JPMorgan Chase & Co.||Lowers Target||$11.00||$8.00||-27.3%|
|2019-7-24||Goldman Sachs Group||Upgrades||$10.00||$8.00||-20%|
|2019-3-1||Telsey Advisory Group||Reiterates||$15.00||$14.00||-6.7%|
|2019-3-1||Telsey Advisory Group||Lowers Target||$15.00||$14.00||-6.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Party City Holdco matched the forecasts of the experts and posted an EPS of $1.08 per share. As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a slightly fine increase of 2.36% to $2,427.51 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) declined a -4.00% to 5.08%.
|2013||$2,050 M||-||$4.02 M0.2%||-|
|2014||$2,271 M||10.79%||$56 M2.5%||1,296.09%|
|2015||$2,295 M||1.02%||$10 M0.5%||-81.36%|
|2016||$2,283 M||-0.49%||$117 M5.1%||1,023.21%|
|2017||$2,372 M||3.86%||$215 M9.1%||83.30%|
|2018||$2,428 M||2.36%||$123 M5.1%||-42.76%|
Quarterly financial resultsParty City Holdco posted $805.63 million in sales for 2018-Q4, a 45.67% up compared to previous quarter. Reported quarter income marked $98.33 M with a profit margin of 12.20%. Profit margin rocketed a 12.64% compared to previous quarter when profit margin was -0.44%. When comparing turnover to same quarter last year, Party City Holdco sales marked a tiny growth and grew a 2.03%.
|2017-Q1||$477 M||-||$-5 M-1.0%||-|
|2017-Q2||$545 M||14.23%||$25 M4.6%||-633.76%|
|2017-Q3||$560 M||2.79%||$10 M1.8%||-59.63%|
|2017-Q4||$790 M||40.97%||$185 M23.4%||1,734.16%|
|2018-Q1||$508 M||-35.68%||$-1 M-0.2%||-100.61%|
|2018-Q2||$561 M||10.47%||$28 M5.1%||-2,614.30%|
|2018-Q3||$553 M||-1.42%||$-2 M-0.4%||-108.50%|
|2018-Q4||$806 M||45.67%||$98 M12.2%||-4,163.02%|
Party City Holdco ownershipWhen you are planning to buy shares of a company, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Party City Holdco, 5.21% of all outstanding shares are owned by its staff.
Bearish positions for PRTY stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$178.5 M||$1.2 B||$3.5 B||$309.1 M||$15.1 B|
|Total shares||94.5 M||28.6 M||18.6 M||43.2 M||120.8 M|
|Float shares||54.3 M||28.5 M||16.1 M||40.0 M||101.3 M|
|- Institutional holdings (%)||117.0%||112.5%||126.2%||91.8%||98.8%|
|- Insider holdings (%)||5.2%||0.5%||12.5%||2.6%||0.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, November 15th, 2019|
|Day range||$1.73 - $1.90|
|Average true range||$0.70|
|50d mov avg||$5.55|
|100d mov avg||$5.63|
|200d mov avg||$7.09|
Party City Holdco performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Party City Holdco to Boot Barn, , Sportsman's Warehouse and Tiffany:
|PRTYParty City Holdco||-59.87%||-76.46%||-83.55%|