Analysts Turn Mixed On TIM Participacoes S.A. (TSU), Party City Holdco Inc. (PRTY)

    The shares of TIM Participacoes S.A. (NYSE:TSU) has been pegged with a rating of Overweight by Barclays in its latest research note that was published on August 1st, 2019. Barclays wasn’t the only research firm that published a report of TIM Participacoes S.A., with other equities research analysts also giving their opinion on the stock. Morgan Stanley advised investors in its research note published on June 5th, 2019, to Equal-Weight the TSU stock. The stock had earned Buy rating from Citigroup when it published its report on December 14th, 2018. The stock was given Outperform rating by Credit Suisse in its report released on August 20th, 2018. HSBC Securities was of a view that TSU is Hold in its latest report on August 9th, 2018. Barclays thinks that TSU is worth Equal Weight rating. This was contained in the firm’s report on May 11th, 2018.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $18.57. The price of the stock the last time has raised by 14.76% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 38.70.

    The shares of the company dipped by -1.63% during the trading session on Thursday, reaching a low of $14.38 while ending the day at $14.49. During the trading session, a total of 1.58 million shares were traded which represents a -164342.46% decline from the average session volume which is 961.81K shares. TSU had ended its last session trading at 14.73. TIM Participacoes S.A. currently has a market cap of $6.86B, while its P/E ratio stands at 6.82, while its P/E earnings growth sits at 1.60, with a beta of 0.91. TIM Participacoes S.A. debt-to-equity ratio currently stands at 0.44, while its quick ratio hovers at 1.00. TSU 52-week low price stands at $12.63 while its 52-week high price is $17.45.

    The company in its last quarterly report recorded $0.22 earnings per share which is above the $0.15 predicted by most analysts. The TIM Participacoes S.A. generated $1,087.55 million in revenue during the last quarter, which is slightly lower than the $1,101.61 million predicted by analysts. In the second quarter last year, the firm recorded $0.06 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 72.73%. TIM Participacoes S.A. has the potential to record 2.13 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at Goldman published a research note on July 24th, 2019 where it informed investors and clients that Party City Holdco Inc. (NYSE:PRTY) is now rated as Buy. Their price target on the stock stands at $8. Morgan Stanley also rated PRTY as Downgrade on June 5th, 2019, with its price target of $33 suggesting that PRTY could surge by 45.26% from its current share price. Even though the stock has been trading at $4.85/share, analysts expect it to surge higher by 7.22% to reach $9.50/share. It started the day trading at $5.24 and traded between $4.87 and $5.20 throughout the trading session.

    A look at its technical shows that PRTY’s 50-day SMA is 6.15 while its 200-day SMA stands at 8.67. The stock has a high of $15.75 for the year while the low is $4.07. The company’s P/E ratio currently sits at 4.45, while the P/B ratio is 0.45. At the moment, only of Party City Holdco Inc. shares were sold short. The company’s average trading volume currently stands at 2.00M shares, which means that the short-interest ratio is just 10.33 days. Over the past seven days, the company moved, with its shift of 23.52%. Looking further, the stock has dropped -36.97% over the past 90 days while it lost -57.02% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Neuberger Berman Investment Advis bought more PRTY shares, increasing its portfolio by +22.13% during the last quarter. This move now sees Neuberger Berman Investment Advis purchasing 2,291,263 shares in the last quarter, thus it now holds 12,645,343 shares of PRTY, with a total valuation of $80,677,288. Capital Research Management Co meanwhile bought more PRTY shares in the recently filed quarter, changing its stake to $47,782,748 worth of shares. The Vanguard Group Inc followed the path by decreasing its PRTY portfolio by -8.14% in the quarter. This means that The Vanguard Group Inc sold -426,346 shares in the last quarter and now controls 4,811,769 shares of the PRTY stock, with the valuation hitting $30,699,086.

    Similarly, Dimensional Fund Advisors LP increased its Party City Holdco Inc. shares by +41.68% during the recently filed quarter. After buying 1,018,895 shares in the last quarter, the firm now controls 3,463,336 shares of Party City Holdco Inc. which are valued at $22,096,084. In the same vein, BlackRock Fund Advisors decreased its Party City Holdco Inc. shares by during the most recent reported quarter. The firm sold -102,260 shares during the quarter which decreased its stakes to 3,343,751 shares and is now valued at $21,333,131. Following these latest developments, around 0.70% of Party City Holdco Inc. stocks are owned by institutional investors and hedge funds.