NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced that it is entering the next phase of its planned 510(k) submission to the FDA. The Company has successfully completed subject screening for its Pharmacokinetic (PK) Study and will begin dosing and sampling study subjects today. INBS’ PK study is a key step towards the Company’s planned ...

TYSONS, Va., June 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park") (NYSE:PK) today announced that it plans to report financial results for the second quarter 2024 after the stock market closes on Wednesday, July 31, 2024. Park will hold a conference call on Thursday, August 1, 2024, at 12:00 p.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested indi ...

TYSONS, Va., June 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) today announced that it plans to report financial results for the second quarter 2024 after the stock market closes on Wednesday, July 31, 2024. Park will hold a conference call on Thursday, August 1, 2024, at 12:00 p.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested ind ...

bennymarty/iStock Editorial via Getty ImagesThis article explores real estate investment trusts (REITs), with particular emphasis on Park Hotels and Resorts Inc. (NYSE:PK), an asset that has surged by more than 25% since we last covered it in October. Pearl Gray's Past PK Ratings (Seeking Alpha)Our basis for assigning a buy rating in October was Park Hotels & Resorts' operational prowess and PK REIT's valuation. However, various events have occurred since our latest coverage, prompting us to revisit Pa ...

文章核心观点 - 公司是一家拥有10年投资银行从业经验的资深研究分析师,专门负责行业和公司研究,擅长解读各种新闻、事件、财报等,发现潜在的投资机会和风险 [1] - 公司认为Park Hotels & Resorts Inc.是一家值得投资的酒店REIT,具有良好的发展前景和投资价值 [1][22] 公司概况 - Park Hotels & Resorts Inc.是一家酒店REIT,于2017年从希尔顿集团(Hilton Worldwide Holdings Inc.)分拆而来,总部位于弗吉尼亚州泰森斯 [1] - 公司拥有43家酒店,共26,000间客房,主要分布在夏威夷和奥兰多,这两个地区贡献了近一半的EBITDA [2] - 公司收入主要来自客房预订,同时也有食品饮料和其他酒店服务收入 [2] - 公司客户群体较为多元化,包括散客和团体客户 [3] 行业及公司表现 - 美国酒店行业整体面临多重挑战,RevPAR增长受到压制 [4] - 公司在疫情期间经历了一些波动,但整体经营表现稳定,近年来收入和FFO指标已恢复至疫情前水平 [5][6][8] - 2023年公司RevPAR和ADR同比分别增长8.7%和1.3%,入住率也有所提升 [6][7] - 公司2024年一季度业绩超预期,管理层上调了全年EBITDA和AFFO指引 [9] 财务状况 - 公司2023年10月主动违约了7.25亿美元的非追索贷款,使得资产负债率得到改善,S&P将其信用评级从B提升至BB- [10][11] - 公司目前资产负债率约50%,利息覆盖率2.8倍,手持现金3.78亿美元,流动性较强 [11] - 公司有9.5亿美元的可用循环信贷额度,可以应对未来1.5亿美元的债务到期 [12][13] 股息和估值 - 公司目前派发每季度0.25美元的股息,股息收益率达6.55%,派息率47.43% [14] - 公司股价对应的FFO倍数较同行偏低,且较账面净值有一定折价,估值合理 [15] - 管理层持股比例较低,但在薪酬、资产处置和股票回购等方面体现了股东价值导向 [16][17][18] 风险因素 - 经济下行可能对公司高端酒店业务造成更大冲击,存在业绩下滑和股息风险 [19] - 夏威夷和奥兰多市场的潜在不利事件也可能带来一定的负面影响 [20] - 公司股价已大幅反弹,投资者需权衡潜在机会成本 [21] 总的来说,公司经营稳健,财务状况良好,发展前景向好,估值合理,是一家值得关注的酒店REIT投资标的 [22]

NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the successful recruitment and commencement of screening for subjects in its pharmacokinetic (PK) study, a critical component of the Company's FDA 510(k) regulatory pathway for clearance. Harry Simeonidis, President and CEO at INBS, commented, "As we navigate the FDA 510(k) regulatory pa ...

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park") (NYSE:PK) announced today the expiration of and the final results for the previously announced offer to purchase for cash (the "Tender Offer") commenced by Park's subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability (the "Company"), PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation (collectively, the "Issuers"), for any and all of their o ...

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) announced today the expiration of and the final results for the previously announced offer to purchase for cash (the “Tender Offer”) commenced by Park’s subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability (the “Company”), PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation (collectively, the “Issuers”), for any and all of their ...

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the "Operating Company"), PK Domestic Property LLC ("PK Domestic LLC") and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the "Issuers"), completed the previously announced offering of $550 million aggregate principal amount of 7.000% senior notes due 2030 (the "Notes"). The Notes wi ...

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the “Issuers”), completed the previously announced offering of $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”). The Notes w ...