United Parks & Resorts (PRKS) Stock Price, News & Analysis

Company Overview

United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates and licenses SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; Abu Dhabi, United Arab Emirates; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The company also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Chula Vista, California; Tampa, Florida; and Williamsburg, Virginia. In addition, the company operates a reservations-only theme park in Orlando, Florida and a park in Langhorne, Pennsylvania; and theme park in Chula Vista, California. It operates a portfolio of theme parks under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brand name. The company was formerly known as SeaWorld Entertainment, Inc. and changed its name to United Parks & Resorts Inc. in February 2024. SeaWorld Entertainment, Inc. was founded in 1959 and is headquartered in Orlando, Florida.

Key Stats

• Today's Range: $56.90 to $58.76
• 50-Day Range: $48.79 to $58.73
• 52-Week Range: $44.72 to $60.36
• Volume: 534,910 shs
• Average Volume: 851,740 shs
• Market Capitalization: $3.14 billion
• P/E Ratio: 14.30
• Dividend Yield: N/A
• Price Target: $62.60
• Consensus Rating: Moderate Buy

United Parks & Resorts Stock Analysis - MarketRank™

United Parks & Resorts scored higher than 57% of companies evaluated by MarketBeat, and ranked 178th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

United Parks & Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

United Parks & Resorts has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.11%

Earnings Growth

Earnings for United Parks & Resorts are expected to grow by 15.11% in the coming year, from $3.97 to $4.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of United Parks & Resorts is 14.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of United Parks & Resorts is 14.30, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.37.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

11.36% of the float of United Parks & Resorts has been sold short.

Short Interest Ratio / Days to Cover

United Parks & Resorts has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in United Parks & Resorts has recently decreased by 11.73%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

United Parks & Resorts does not currently pay a dividend.

Dividend Growth

United Parks & Resorts does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.36% of the float of United Parks & Resorts has been sold short.

Short Interest Ratio / Days to Cover

United Parks & Resorts has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in United Parks & Resorts has recently decreased by 11.73%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.04

News Sentiment

United Parks & Resorts has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for United Parks & Resorts this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for PRKS on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added United Parks & Resorts to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, United Parks & Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,938,984.00 in company stock.

Percentage Held by Insiders

Only 1.10% of the stock of United Parks & Resorts is held by insiders.

PRKS Stock Analysis - Frequently Asked Questions

How have PRKS shares performed this year?

United Parks & Resorts' stock was trading at $47.09 at the beginning of the year. Since then, PRKS shares have increased by 21.2% and is now trading at $57.05.
View the best growth stocks for 2024 here.

How were United Parks & Resorts' earnings last quarter?

United Parks & Resorts Inc. (NYSE:PRKS) issued its quarterly earnings results on Thursday, November, 7th. The company reported $2.08 EPS for the quarter, missing the consensus estimate of $2.23 by $0.15. United Parks & Resorts's revenue for the quarter was down .4% compared to the same quarter last year.

Who are United Parks & Resorts' major shareholders?

United Parks & Resorts' top institutional investors include Hill Path Capital LP (49.46%), Simcoe Capital Management LLC (3.99%), Goldentree Asset Management LP (2.59%) and River Road Asset Management LLC (2.28%). Insiders that own company stock include George Anthony Taylor, Yoshikazu Maruyama, Kyle Robert Miller, Christopher Dold, Byron Surrett and Jayson Maxwell.
View institutional ownership trends.

How do I buy shares of United Parks & Resorts?

Shares of PRKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of United Parks & Resorts own?

Based on aggregate information from My MarketBeat watchlists, some other companies that United Parks & Resorts investors own include Tesla (TSLA), Advanced Micro Devices (AMD), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Alphabet (GOOG) and Netflix (NFLX).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: N/A
• Current Symbol: NYSE:PRKS
• Previous Symbol: NYSE:PRKS
• CUSIP: N/A
• CIK: 1564902
• Web: www.unitedparks.com
• Phone: 407-226-5011
• Fax: 302-655-5049
• Employees: 16,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $62.60
• High Stock Price Target: $74.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: +9.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.99
• Trailing P/E Ratio: 14.30
• Forward P/E Ratio: 14.37
• P/E Growth: N/A
• Net Income: $234.20 million
• Net Margins: 13.85%
• Pretax Margin: 18.51%
• Return on Equity: -76.13%
• Return on Assets: 9.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.64
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $1.73 billion
• Price / Sales: 1.82
• Cash Flow: $6.17 per share
• Price / Cash Flow: 9.25
• Book Value: ($8.29) per share
• Price / Book: -6.88

Miscellaneous

• Outstanding Shares: 55,000,000
• Free Float: 54,399,000
• Market Cap: $3.14 billion
• Optionable: Optionable
• Beta: 2.00