If you buy shares of a company that deals on specialty retail business of party goods worldwide, you are sure to have great prospect for long-term financial gains.
Party City Holdco Inc. stock is considered a growth stock which may be the key to your robust financial future.
This article will guide you with investment information you need to know about PRTY stock together with PRTY stock price forecast covering a period of 10 years.
What is PRTY Stock?
PRTY Stock is a financial instrument of a company called Party City Holdco Inc., through which it sells shares of stock in the NYSE exchange under the ticker symbol ‘PRTY.’
It is American publicly traded retail chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. It currently operates about 830 specialty retail party supply stores.
Party City Holdco Inc. designs, manufactures, sources, and distributes party goods worldwide. The company operates through two segments, Retail and Wholesale.
Party City deals on paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery through company-owned stores, independent party supply stores, mass merchants, grocery retailers, e-commerce merchandisers, and dollar stores.
Is PRTY Stock Publicly Traded?
Yes. In 2015, Party City Holdco Inc. went public with Thomas H. Lee Partners retaining 55% and Advent International owned 19 percent.
It traded at an IPO of $17 in the New York Stock Exchange (NYSE) under the ticker symbol ‘PRTY’. This means that the shares are listed on the NYSE and all prices are listed in US Dollars.
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The company employs 6,400 staff and has a trailing 12-month revenue of around $2.2 billion. In April 2017, the company was approached by a private equity firm to acquire the company. In response the company placed itself on the market.
Will PRTY Stock Go Up?
Yes. Our analysts have presented a robust scientific position of a 1 year PRTY price target averaging $3.12 which is about 56% increase from the current price. This percentage increase may be sustained in the long term.
The 1 analysts offering 12-month price forecasts for Party City Holdco Inc have a median target of 3.08, with a high estimate of 4.20 and a low estimate of 1.96. The median estimate represents a +54% increase from the last price of 2.00.
Is PRTY Stock a Good Buy?
The financial status and revenue growth prospects of the company illustrate PRTY’s potential to overtake the market in the long term.
PRTY currently has a Growth Score of D but its price changes and earnings estimate appraisals indicate PRTY is a good stock to buy now for aggressive investors revising the PRTY score to B.
Several short-term signals are positive, despite the stock being in a declining trend which shows that a buying opportunity is wide open as the stock would perform well in both the short-term and long-term. Our conclusion is that PRTY stock is a buy-candidate.
How to Buy PRTY Stock
To buy the PRTY Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -PRTY- and research it before deciding if it is a good investment for you now.
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Step 5: Purchase Now or Later
Buy your preferred quantity of PRTY stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your PRTY stock regularly so as to know when your investment target is attained or when you may change investment strategy.
PRTY Stock Price Forecast 2022, 2023-2033
This prediction used jointly three analytical heads to generate our conclusions.
They are: Moving Average model on PRTY stock previous price data, technical estimation of key stock variables, and stock fundamental dynamics.
PRTY Stock Price Prediction 2022
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2022 | 2.45 | 1.97 | 2.92 | 13.18% |
Average price volatility is within market range and measured at about 13.18% as PRTY stock price moves upward by the end of 2022.
PRTY Stock Price Prediction 2023
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2023 | 3.12 | 2.29 | 3.96 | 16.23% |
Average price volatility is moderate and measured at 16.23% as PRTY stock records significant high price in the year.
The result shows the PRTY will reach or exceed $3.00 per share in 2023.
PRTY Stock Price Prediction 2024
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2024 | 3.85 | 2.93 | 4.77 | 15.10% |
Average price volatility is moderate and measured at 15.10% as PRTY stock records significant high price in the year.
PRTY Stock Price Prediction 2025
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2025 | 4.24 | 3.02 | 5.47 | 16.30% |
Average price volatility is moderate and measured at 16.30% as PRTY stock records significant high price in the year.
We have evidence to conclude that PRTY will reach or exceed $4.00 per share in 2025.
PRTY Stock Price Prediction 2026
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2026 | 4.22 | 2.78 | 5.66 | -14.50% |
Average price volatility is moderate and negative and measured at -14.50% as PRTY stock will record a slight decline in price this years.
The price of PRTY is lower than the previous year which may be due to the internal dynamics of the company.
PRTY Stock Price Prediction 2027
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2027 | 4.50 | 3.06 | 6.13 | 17.11% |
Average price volatility is moderate and measured at 17.11% as PRTY stock records significant high price in the year.
We have evidence to conclude that PRTY will reach $4.50 per share in 2027.
PRTY Stock Price Prediction 2028
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2028 | 5.27 | 3.46 | 7.08 | 18.36% |
Average price volatility is moderate and measured at 18.36% as PRTY stock records significant high price in the year.
There is evidence, however, to conclude that PRTY will reach or significantly exceed $5.00 per share in 2028.
PRTY Stock Price Prediction 2029
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2029 | 6.14 | 3.98 | 8.31 | 18.00% |
Average price volatility is measured at 18.00%. This means that PRTY will record higher price compared to the preceding year, though, the increase may come with a relatively high risk.
There is evidence, however, to conclude that PRTY will reach or significantly exceed $6.00 per share in 2029.
PRTY Stock Price Prediction 2030
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2030 | 8.18 | 4.70 | 11.67 | 17.58% |
Average price volatility is moderate and measured at 17.58%. This means that PRTY stock will record a significant high price this year.
There is evidence, however, to conclude that PRTY will reach or slightly exceed $8.00 per share in 2030.
PRTY Stock Price Prediction 2031
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2031 | 8.38 | 4.77 | 11.99 | 16.90% |
Average price volatility is 16.90 % as PRTY stock records a relatively small increase in price as compared to the previous year.
PRTY Stock Price Prediction 2032
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2032 | 8.99 | 5.40 | 12.58 | 17.37% |
Average price volatility is 17.37% as PRTY stock records a significant high price in the face of a moderate risk.
There is evidence that PRTY shares will reach approximately $9.00 per share in the year 2032.
PRTY Stock Price Prediction 2033
| Year | Tar. Price ($) | Min. Price
($) |
Max. price
($) |
Avg. Vol. % |
| 2032 | 10.06 | 6.94 | 13.18 | 18.11% |
Average price volatility is moderate and measured at 18.11%. This means that PRTY stock records a significant high price in the face of a relatively high risk in the year.
However, there is evidence, to conclude that PRTY will reach $10.00 per share in 2033, that is, ten years from now.
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Bottom Line
PRTY stock shows the sign of long term growth with volatility not exceeding market range.
There is very much evidence to show that PRTY will attain 10 USD per share in the next 10 years, 2033.
This means that your $1000 investment in PRTY stock today, 30/08/2022, will give you (500 share x 10) = $5,000 in 30/08/2033. This is a whole lot of money if you can buy more and more of PRTY stock now.
