Advertisement
Canada markets closed
  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • Bitcoin CAD

    83,156.82
    -3,012.49 (-3.50%)
     
  • CMC Crypto 200

    1,260.72
    -97.29 (-7.16%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     
  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     

Brief Commentary On Park Hotels & Resorts Inc’s (NYSE:PK) Fundamentals

Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Park Hotels & Resorts Inc (NYSE:PK) due to its excellent fundamentals in more than one area. PK is a dependable dividend payer that has been a rockstar for income investors, currently trading at an attractive share price. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Park Hotels & Resorts here.

Good value average dividend payer

PK’s share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. Investors have the opportunity to buy into the stock to reap capital gains, if PK’s projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Also, relative to the rest of its peers with similar levels of earnings, PK’s share price is trading below the group’s average. This supports the theory that PK is potentially underpriced.

NYSE:PK Intrinsic Value Export September 25th 18
NYSE:PK Intrinsic Value Export September 25th 18

PK is considered one of the top dividend payers in the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.

NYSE:PK Historical Dividend Yield September 25th 18
NYSE:PK Historical Dividend Yield September 25th 18

Next Steps:

For Park Hotels & Resorts, there are three relevant aspects you should further examine:

ADVERTISEMENT
  1. Future Outlook: What are well-informed industry analysts predicting for PK’s future growth? Take a look at our free research report of analyst consensus for PK’s outlook.

  2. Historical Performance: What has PK’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of PK? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.