PRTY stock: buy or sell?

PRTY stock price: $1.89 2.16% At close on November 15th, 2019

Updated on:
November 15th, 2019

1

After boosting an amazing 9.19% on November/14, Party City Holdco closed yesterday at $1.89 and rose a remarkable 2.16%. On Wednesday PRTY collapsed a frightening -28.57%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is PRTY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-9Bank of American/aBuy
2019-8-9Bank of American/aBuy
2019-8-16Morgan Stanleyn/aEqual Weight
2019-7-9JPMorgan Chase & Co.n/aNeutral
2019-7-24Goldman Sachs GroupNeutralBuy
2019-3-1Telsey Advisory GroupOutperformOutperform
2019-3-1Telsey Advisory Groupn/aOutperform
2019-3-1JPMorgan Chase & Co.OverweightNeutral

PRTY stock analysis

Daily outlook

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.

PRTY stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $9.90

How 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:
PRTY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-9Bank of AmericaReiterates$14.50$10.00-31%
2019-8-9Bank of AmericaLowers Target$14.50$10.00-31%
2019-8-16Morgan StanleyLowers Target$13.00$5.00-61.5%
2019-7-9JPMorgan Chase & Co.Lowers Target$11.00$8.00-27.3%
2019-7-24Goldman Sachs GroupUpgrades$10.00$8.00-20%
2019-3-1Telsey Advisory GroupReiterates$15.00$14.00-6.7%
2019-3-1Telsey Advisory GroupLowers Target$15.00$14.00-6.7%
(in average)$13.30$9.90-26.0%
The price forecast for Party City Holdco stock is $9.90, moving in a range between $14.00 and $5.00. In average, analysts' outlook on PRTY price forecast is negative, downsizing the forecast by a -26.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
PRTY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.01n/a
2017-Q2-n/a0.22n/a
2017-Q32017-11-090.130.130.0%
2017-Q42018-03-090.80.80.0%
2018-Q12018-05-090.020.07250.0%
2018-Q22018-08-090.380.45.3%
2018-Q32018-11-080.170.08-52.9%
2018-Q42019-02-281.081.080.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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%.

PRTY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,050 M-$4.02 M0.2%-
2014$2,271 M10.79%$56 M2.5%1,296.09%
2015$2,295 M1.02%$10 M0.5%-81.36%
2016$2,283 M-0.49%$117 M5.1%1,023.21%
2017$2,372 M3.86%$215 M9.1%83.30%
2018$2,428 M2.36%$123 M5.1%-42.76%

Quarterly financial results

Party 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%.
PRTY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$477 M-$-5 M-1.0%-
2017-Q2$545 M14.23%$25 M4.6%-633.76%
2017-Q3$560 M2.79%$10 M1.8%-59.63%
2017-Q4$790 M40.97%$185 M23.4%1,734.16%
2018-Q1$508 M-35.68%$-1 M-0.2%-100.61%
2018-Q2$561 M10.47%$28 M5.1%-2,614.30%
2018-Q3$553 M-1.42%$-2 M-0.4%-108.50%
2018-Q4$806 M45.67%$98 M12.2%-4,163.02%

Party City Holdco ownership

When 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:

PRTYBOOTRHSPWHTIF
Market cap$178.5 M$1.2 B$3.5 B$309.1 M$15.1 B
Total shares94.5 M28.6 M18.6 M43.2 M120.8 M
Float shares54.3 M28.5 M16.1 M40.0 M101.3 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 selling0.0%0.0%0.0%0.0%0.0%

PRTY summary

Friday, November 15th, 2019
Open$1.85
Close$1.89
Day range$1.73 - $1.90
Previous close$1.85
Session gain2.16%
Average true range$0.70
50d mov avg$5.55
100d mov avg$5.63
200d mov avg$7.09
Daily patternlb06a
Weekly pattern lt06c

Party City Holdco performance

Performance 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:
Stock3m6m12m
PRTYParty City Holdco-59.87%-76.46%-83.55%
BOOTBoot Barn38.98%58.24%97.07%
RH35.40%100.07%66.80%
SPWHSportsman's W...94.29%76.54%54.43%
TIFTiffany55.77%31.91%20.44%

Party City Holdco competitors

We chose a few stocks to conform a list of Party City Holdco competitors to examine if you are interested in investing in PRTY: