United Parks & Resorts (NYSE:PRKS – Get Free Report) had its price target boosted by stock analysts at Citigroup from $34.00 to $39.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup‘s price target indicates a potential downside of 2.03% from the stock’s previous close.
A number of other equities analysts have also commented on PRKS. Barclays lifted their price target on shares of United Parks & Resorts from $37.00 to $41.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $55.00 price objective on United Parks & Resorts in a report on Thursday, August 6th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $39.00 target price on shares of United Parks & Resorts in a research report on Friday. Truist Financial cut their target price on United Parks & Resorts from $53.00 to $49.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. Finally, Guggenheim lifted their target price on United Parks & Resorts from $51.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, United Parks & Resorts currently has an average rating of “Hold” and a consensus price target of $45.70.
Read Our Latest Stock Report on United Parks & Resorts
United Parks & Resorts Trading Up 5.1%
NYSE:PRKS traded up $1.95 during mid-day trading on Friday, hitting $39.81. 1,068,820 shares of the company’s stock were exchanged, compared to its average volume of 922,940. United Parks & Resorts has a fifty-two week low of $28.77 and a fifty-two week high of $50.00. The firm has a market capitalization of $1.80 billion, a P/E ratio of 15.67, a PEG ratio of 3.21 and a beta of 1.22. The company has a 50 day simple moving average of $34.52 and a 200-day simple moving average of $38.05.
United Parks & Resorts (NYSE:PRKS – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.14). The business had revenue of $506.45 million during the quarter, compared to analyst estimates of $511.03 million. United Parks & Resorts had a net margin of 8.11% and a negative return on equity of 27.85%. The company’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.61 earnings per share. As a group, analysts expect that United Parks & Resorts will post 2.85 earnings per share for the current year.
Insiders Place Their Bets
In other United Parks & Resorts news, insider James Forrester, Jr. sold 1,150 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $35.71, for a total transaction of $41,066.50. Following the completion of the sale, the insider owned 26,733 shares of the company’s stock, valued at approximately $954,635.43. This represents a 4.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.70% of the company’s stock.
Institutional Investors Weigh In On United Parks & Resorts
A number of institutional investors have recently modified their holdings of PRKS. BlackRock Inc. acquired a new stake in shares of United Parks & Resorts during the second quarter worth $171,560,000. Hawk Ridge Capital Management LP bought a new position in United Parks & Resorts during the first quarter worth $51,094,000. Engine Capital Management LP raised its stake in United Parks & Resorts by 20.8% during the first quarter. Engine Capital Management LP now owns 1,034,414 shares of the company’s stock worth $33,784,000 after buying an additional 178,017 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in United Parks & Resorts by 11.5% during the third quarter. Pinnacle Associates Ltd. now owns 627,966 shares of the company’s stock worth $20,346,000 after buying an additional 64,694 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in United Parks & Resorts in the second quarter valued at $26,222,000.
Key Stories Impacting United Parks & Resorts
Here are the key news stories impacting United Parks & Resorts this week:
- Positive Sentiment: United Parks’ 2027 outlook helped offset its Q3 earnings miss, and shares rose as investors responded to the forward view. United Parks Shares Rise as 2027 Outlook Offsets Third-Quarter Earnings Miss
- Positive Sentiment: The stock moved above its 50-day moving average following the results, a potentially encouraging technical signal. United Parks Stock Price Crosses Above 50-Day Moving Average Following Weak Earnings
- Neutral Sentiment: The CEO promised continued investment and improvements at Busch Gardens Tampa Bay. This could support the park’s longer-term appeal, though investment may also involve added costs. United Parks CEO Promises Busch Gardens Tampa Bay Improvements
- Negative Sentiment: Q3 adjusted earnings were $1.74 per share, below the roughly $1.87–$1.88 analyst consensus. Revenue of about $506.5 million also missed expectations of $511 million and declined 1.1% year over year. United Parks Reports Third Quarter 2026 Results
- Negative Sentiment: Lower attendance weighed on the quarter; the company pointed to poor weather and international-market headwinds as factors dragging traffic. United Parks Points to International Headwinds and Poor Weather as Traffic Drags
United Parks & Resorts Company Profile
United Parks & Resorts Inc (NYSE: PRKS) is a theme park and entertainment company that owns and operates a portfolio of destination amusement and water parks in the United States. Its properties combine rides, live entertainment, animal exhibits, educational experiences, seasonal events and hospitality-related offerings.
The company’s portfolio includes SeaWorld parks in Orlando, San Antonio and San Diego; Busch Gardens parks in Tampa and Williamsburg, Virginia; Sesame Place parks in Pennsylvania and California; and water parks and attractions such as Aquatica, Adventure Island, Water Country USA and Discovery Cove.
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