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Updated Oct 30, 2:24 PM ET

PK

Park Hotels & Resorts Inc.
$16.42CS band Mixed

−$0.40 (2.39%) Today

Oct 30, 2:24 PM ET

About PK

Park Hotels & Resorts owns upper-upscale and luxury hotels, with 19,902 rooms across 29 hotels in the United States. Park also has an interest through a joint venture in another 1,424 rooms in another US hotel. Park was spun out of Hilton Worldwide Holdings at the start of 2017, so most of its hotels are still under the Hilton brand. The company has sold all its international hotels and many of its lower-quality US hotels to focus on high-quality assets in domestic gateway markets.

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Are You Looking for a Top Momentum Pick? Why Park Hotels & Resorts (PK) is a Great Choice

Park Hotels & Resorts (PK) is highlighted as a momentum investment pick with a Zacks Rank #2 (Buy) rating and Momentum Style Score of B. The stock has outperformed its industry and the S&P 500 over multiple timeframes, with shares up 2.77% weekly, 5.53% monthly, 9.72% quarterly, and 47.07% annually. Recent earnings estimate revisions have been positive, with 3 upward revisions and none downward over the past two months, boosting consensus estimates from $1.98 to $2.02.

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