United Parks & Resorts (PRKS) Expected to Announce Earnings on Wednesday

United Parks & Resorts (NYSE:PRKS - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect United Parks & Resorts to post earnings of $0.63 per share and revenue of $379.48 million for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

United Parks & Resorts Stock Performance

Shares of PRKS traded down $1.82 during mid-day trading on Friday, hitting $52.40. 920,853 shares of the company were exchanged, compared to its average volume of 835,866. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 13.13 and a beta of 1.99. United Parks & Resorts has a 1-year low of $44.72 and a 1-year high of $60.83. The company has a 50 day moving average of $54.18 and a 200-day moving average of $53.10.

Insider Buying and Selling

In related news, insider Christopher L. Finazzo sold 13,000 shares of the company's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $55.62, for a total value of $723,060.00. Following the completion of the sale, the insider now owns 132,439 shares of the company's stock, valued at approximately $7,366,257.18. This represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Guggenheim reduced their target price on United Parks & Resorts from $72.00 to $70.00 and set a "buy" rating for the company in a report on Tuesday, November 12th. Mizuho reissued an "underperform" rating and issued a $43.00 price objective (down from $45.00) on shares of United Parks & Resorts in a research note on Friday, November 8th. Finally, Truist Financial raised their price objective on United Parks & Resorts from $60.00 to $64.00 and gave the company a "buy" rating in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.60.

United Parks & Resorts Company Profile

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.