United Parks & Resorts (NYSE:PRKS) Stock Price Expected to Rise, Citigroup Analyst Says

Key Points

• Citigroup raised its price target on United Parks & Resorts to $39 from $34 but kept a neutral rating; the new target is about 2% below the stock’s current price. Analysts overall rate the shares Hold, with an average target of $45.70.
• The company missed quarterly expectations, reporting EPS of $1.74 versus $1.88 expected and revenue of $506.45 million versus $511.03 million; revenue fell 1.1% year over year.
• Despite the earnings miss, shares rose Friday, with the company’s 2027 outlook helping reassure investors. Lower attendance, attributed in part to poor weather and international-market headwinds, weighed on the quarter.

United Parks & Resorts (NYSE:PRKS - Get Free Report) had its target price hoisted by analysts at Citigroup from $34.00 to $39.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Citigroup's price target points to a potential downside of 2.03% from the stock's current price.

Several other analysts have also issued reports on the company. JPMorgan Chase & Co. increased their target price on United Parks & Resorts from $39.00 to $44.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $39.00 price target on shares of United Parks & Resorts in a research note on Friday. Guggenheim upped their price objective on shares of United Parks & Resorts from $51.00 to $54.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $55.00 price objective on shares of United Parks & Resorts in a research note on Thursday, August 6th. Finally, Barclays raised their target price on shares of United Parks & Resorts from $37.00 to $41.00 and gave the company an "equal weight" rating in a report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $45.70.

United Parks & Resorts Stock Performance

Shares of PRKS stock traded up $1.95 during trading on Friday, hitting $39.81. The company had a trading volume of 1,068,820 shares, compared to its average volume of 922,940. The firm has a market capitalization of $1.80 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 3.21 and a beta of 1.22. The stock's 50-day moving average price is $34.52 and its 200 day moving average price is $38.05. United Parks & Resorts has a one year low of $28.77 and a one year high of $50.00.

United Parks & Resorts (NYSE:PRKS - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.74 EPS for the quarter, missing analysts' consensus estimates of $1.88 by ($0.14). The company had revenue of $506.45 million for the quarter, compared to the consensus estimate of $511.03 million. United Parks & Resorts had a negative return on equity of 27.85% and a net margin of 8.11%. United Parks & Resorts's revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the business earned $1.61 EPS. On average, research analysts anticipate that United Parks & Resorts will post 2.85 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other United Parks & Resorts news, insider James Forrester, Jr. sold 1,150 shares of the company's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $35.71, for a total transaction of $41,066.50. Following the completion of the sale, the insider directly owned 26,733 shares in the company, valued at $954,635.43. This represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On United Parks & Resorts

A number of institutional investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. boosted its holdings in shares of United Parks & Resorts by 183.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 851 shares of the company's stock valued at $31,000 after acquiring an additional 551 shares in the last quarter. Global Retirement Partners LLC bought a new stake in United Parks & Resorts during the 2nd quarter worth $31,000. Group One Trading LLC acquired a new position in United Parks & Resorts in the 2nd quarter worth about $31,000. Fortitude Family Office LLC increased its holdings in United Parks & Resorts by 30,580.0% in the 3rd quarter. Fortitude Family Office LLC now owns 1,534 shares of the company's stock worth $50,000 after purchasing an additional 1,529 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in United Parks & Resorts in the 2nd quarter worth about $53,000.

More United Parks & Resorts News

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

About United Parks & Resorts

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.