Alert: New Earnings Report (2/28/22)-Party City Holdco Inc (NYSE: PRTY).

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Party City Holdco Inc (NYSE: PRTY) has reported E.P.S. of $-0.17 for its fourth fiscal quarter (ending December 31) versus $-0.88 for the same period a year ago. Relative to the consensus estimate of $0.41, this was a shortfall of $-0.57. For the latest four quarters through December 31, E.P.S. were $-0.06 compared to $-5.24 a year ago.

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Recent Price Action

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Party City Holdco Inc (NYSE: PRTY) stock closed at $4.33 on 2/28/22 after a decline of -1.4%. NORMAL trading volume accompanied the decline. The stock has declined -5.7% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PRTY is expected to continue to be a major Value Builder.

Party City Holdco has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Party City Holdco has a very high Appreciation Score of 92 but a poor Power Rating of 23, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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