United Parks & Resorts Inc. (NYSE:PRKS) Given Consensus Rating of “Hold” by Analysts

Shares of United Parks & Resorts Inc. (NYSE:PRKS) have been given an average rating of “Hold” by the five research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $59.80.

PRKS has been the topic of several recent analyst reports. Guggenheim began coverage on shares of United Parks & Resorts in a report on Thursday, April 4th. They set a “buy” rating and a $73.00 price objective on the stock. Citigroup increased their target price on shares of United Parks & Resorts from $57.00 to $59.00 and gave the company a “neutral” rating in a research report on Thursday, May 9th. Truist Financial reduced their target price on shares of United Parks & Resorts from $64.00 to $58.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Mizuho increased their target price on shares of United Parks & Resorts from $47.00 to $48.00 and gave the company an “underperform” rating in a research report on Thursday, May 9th. Finally, B. Riley raised their price objective on shares of United Parks & Resorts from $75.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday.

Insider Buying and Selling at United Parks & Resorts

In other United Parks & Resorts news, insider Christopher Dold sold 32,518 shares of United Parks & Resorts stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $51.54, for a total transaction of $1,675,977.72. Following the completion of the sale, the insider now directly owns 33,242 shares in the company, valued at $1,713,292.68. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, insider Kyle Robert Miller sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $53.87, for a total value of $53,870.00. Following the completion of the transaction, the insider now owns 36,961 shares of the company’s stock, valued at $1,991,089.07. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Christopher Dold sold 32,518 shares of United Parks & Resorts stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $51.54, for a total transaction of $1,675,977.72. Following the completion of the transaction, the insider now owns 33,242 shares of the company’s stock, valued at approximately $1,713,292.68. The disclosure for this sale can be found here. Insiders sold a total of 34,018 shares of company stock worth $1,756,808 over the last three months. Insiders own 1.10% of the company’s stock.

United Parks & Resorts Stock Down 1.0 %

NYSE PRKS traded down $0.56 during mid-day trading on Monday, reaching $53.75. 390,541 shares of the stock were exchanged, compared to its average volume of 834,002. The business has a 50 day simple moving average of $51.50. United Parks & Resorts has a 1 year low of $40.87 and a 1 year high of $58.44. The stock has a market cap of $3.36 billion, a P/E ratio of 14.46 and a beta of 2.02.

United Parks & Resorts (NYSE:PRKS) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.09. The business had revenue of $297.40 million for the quarter, compared to the consensus estimate of $286.88 million. United Parks & Resorts had a net margin of 13.84% and a negative return on equity of 88.59%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.26) earnings per share. Equities analysts forecast that United Parks & Resorts will post 4.38 EPS for the current year.

United Parks & Resorts Company Profile

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.