NYSE:PRTY

Stock Analysis Report

Executive Summary

Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally.


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.

Share Price & News

How has Party City Holdco's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRTY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

61.3%

PRTY

15.7%

US Specialty Retail

9.4%

US Market


1 Year Return

-93.8%

PRTY

-20.9%

US Specialty Retail

-6.8%

US Market

Return vs Industry: PRTY underperformed the US Specialty Retail industry which returned -20.9% over the past year.

Return vs Market: PRTY underperformed the US Market which returned -6.8% over the past year.


Shareholder returns

PRTYIndustryMarket
7 Day61.3%15.7%9.4%
30 Day-52.4%-13.6%-3.9%
90 Day-81.0%-26.3%-16.5%
1 Year-93.8%-93.8%-19.7%-20.9%-4.8%-6.8%
3 Year-96.5%-96.5%9.4%4.0%23.4%15.2%
5 Year-97.7%-97.7%8.8%0.1%41.3%25.7%

Price Volatility Vs. Market

How volatile is Party City Holdco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Party City Holdco undervalued compared to its fair value and its price relative to the market?

0.089x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PRTY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PRTY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PRTY is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.

PE vs Market: PRTY is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PRTY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PRTY is good value based on its PB Ratio (0.1x) compared to the US Specialty Retail industry average (0.8x).


Next Steps

Future Growth

How is Party City Holdco forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

140.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRTY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: PRTY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PRTY's is expected to become profitable in the next 3 years.

Revenue vs Market: PRTY's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: PRTY's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRTY's Return on Equity is forecast to be low in 3 years time (9.9%).


Next Steps

Past Performance

How has Party City Holdco performed over the past 5 years?

-16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRTY is currently unprofitable.

Growing Profit Margin: PRTY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRTY is unprofitable, and losses have increased over the past 5 years at a rate of -16% per year.

Accelerating Growth: Unable to compare PRTY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRTY is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (6.7%).


Return on Equity

High ROE: PRTY has a negative Return on Equity (-100.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Party City Holdco's financial position?


Financial Position Analysis

Short Term Liabilities: PRTY's short term assets ($894.1M) exceed its short term liabilities ($694.9M).

Long Term Liabilities: PRTY's short term assets ($894.1M) do not cover its long term liabilities ($2.4B).


Debt to Equity History and Analysis

Debt Level: PRTY's debt to equity ratio (319.5%) is considered high.

Reducing Debt: PRTY's debt to equity ratio has reduced from 435.9% to 319.5% over the past 5 years.

Debt Coverage: PRTY's debt is not well covered by operating cash flow (2.6%).

Interest Coverage: PRTY is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Party City Holdco's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PRTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PRTY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRTY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRTY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRTY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Brad Weston (53yo)

no data

Tenure

Mr. Bradley Morgan Weston, also known as Brad, serves as President of Party City Holdco Inc. and Chief Executive Officer of Party City Retail Group since July 2019. He serves as Chief Executive Officer and ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Correale
Chief Accounting Officer3.67yrsUS$522.14k0.11% $53.5k
Michael Harrison
Senior VP & GM of North American Consumer Products Group3.25yrsUS$457.65k0.026% $12.5k
Gerald Rittenberg
Consultant0.58yrUS$2.74m0.0086% $4.1k
Bradley Weston
Presidentno datano datano data
Todd Vogensen
Chief Financial Officer0.17yrno datano data
Pat Duncan
Senior VP of Marketing & Chief Digital Officerno datano datano data
Joseph Zepf
Secretaryno datano datano data
Ian Heller
VP & Associate General Counselno datano datano data

1.9yrs

Average Tenure

53yo

Average Age

Experienced Management: PRTY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bradley Weston
Presidentno datano datano data
Todd Abbrecht
Independent Director7.75yrsno datano data
Morry Weiss
Independent Director4.83yrsUS$212.50k0.034% $16.0k
Norman Matthews
Chairman of the Board1.83yrsUS$299.81k0.25% $119.9k
William Creekmuir
Independent Director4.08yrsUS$232.50k0.043% $20.3k
Steven Collins
Independent Director7.75yrsUS$227.14k0.019% $9.1k
James Harrison
Vice Chairmanno dataUS$2.54m0.80% $379.8k
Lisa Klinger
Independent Director4.83yrsUS$212.50k0.0086% $4.1k
James Conroy
Director0.58yrno datano data
Michelle Millstone-Shroff
Independent Director1.17yrsno data0.0040% $1.9k

4.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: PRTY's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Party City Holdco Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Party City Holdco Inc.
  • Ticker: PRTY
  • Exchange: NYSE
  • Founded: 1947
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$47.246m
  • Shares outstanding: 94.49m
  • Website: https://www.partycity.com

Number of Employees


Location

  • Party City Holdco Inc.
  • 80 Grasslands Road
  • Elmsford
  • New York
  • 10523
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRTYNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2015
5PYDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2015

Biography

Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. The company operates in two segments, Retail and Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery. As of August 8, 2019, the company operated approximately 900 specialty retail party supply stores, including franchise stores throughout North America under the Party City and Halloween City names, as well as e-commerce Websites principally through the domain name PartyCity.com. Party City Holdco Inc. offers its products through company-owned stores, independent party supply stores, mass merchants, grocery retailers, and dollar stores. It was founded in 1947 and is headquartered in Elmsford, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 08:59
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.