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

United Parks & Resorts (NYSE:PRKS - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $294.28 million for the quarter.

United Parks & Resorts Stock Down 3.7 %

Shares of United Parks & Resorts stock opened at $44.28 on Wednesday. United Parks & Resorts has a 12-month low of $37.68 and a 12-month high of $60.83. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 11.10 and a beta of 1.51. The firm's 50-day moving average price is $45.64 and its two-hundred day moving average price is $51.72.

Insider Activity

In other news, insider Byron Surrett sold 7,008 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $48.90, for a total value of $342,691.20. Following the sale, the insider now directly owns 11,050 shares of the company's stock, valued at approximately $540,345. This represents a 38.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

PRKS has been the topic of a number of recent analyst reports. Guggenheim lifted their price objective on shares of United Parks & Resorts from $70.00 to $72.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. UBS Group assumed coverage on United Parks & Resorts in a research note on Wednesday, April 9th. They issued a "neutral" rating and a $49.00 price target on the stock. Truist Financial dropped their price objective on United Parks & Resorts from $62.00 to $52.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Mizuho lifted their target price on United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a research report on Thursday, February 27th. Finally, Barclays assumed coverage on shares of United Parks & Resorts in a report on Friday, March 14th. They issued an "equal weight" rating and a $50.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $57.85.

About United Parks & Resorts

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.

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