United Parks & Resorts Inc. (PRKS) Shares Gain 5.58% Over Last Week

United Parks & Resorts Inc. [PRKS] stock prices are up 2.65% to $48.81 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PRKS shares have gain 5.58% over the last week, with a monthly amount drifted -4.11%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

United Parks & Resorts Inc. [NYSE: PRKS] stock has seen the most recent analyst activity on December 14, 2023, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $57 from $60. On July 24, 2023, Goldman reiterated its Buy rating and revised its price target to $66 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $75 on May 31, 2023. KeyBanc Capital Markets initiated its recommendation with a Sector Weight. Morgan Stanley started tracking with a Overweight rating for this stock on April 20, 2023, and assigned it a price target of $70. In a note dated July 13, 2022, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.

The stock price of United Parks & Resorts Inc. [PRKS] has been fluctuating between $40.87 and $68.19 over the past year. United Parks & Resorts Inc. [NYSE: PRKS] shares were valued at $48.81 at the most recent close of the market.

Analyzing the PRKS fundamentals

The United Parks & Resorts Inc. [NYSE:PRKS] reported sales of 1.73B for trailing twelve months, representing a drop of -3.00%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.04 points at the first support level, and at 47.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.24, and for the 2nd resistance point, it is at 49.68.

United Parks & Resorts Inc. [PRKS] reported earnings per share of $1.92 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.89/share, meaning a difference of $0.03 and a surprise factor of 1.60%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $1.35 per share as compared to estimates of $1.72 per share, a difference of -$0.37 representing a surprise of -21.50%.

Ratios To Look Out For

It’s worth pointing out that United Parks & Resorts Inc. [NYSE:PRKS]’s Current Ratio is 0.92. On the other hand, the Quick Ratio is 0.79, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.81 and price to earnings (TTM) ratio is 12.94.

Transactions by insiders

Recent insider trading involved Miller Kyle Robert,, that happened on Dec 15 when 1000.0 shares were sold., Miller Kyle Robert completed a deal on Dec 13 to sell 4000.0 shares. Meanwhile, Chief Accounting Officer Boyle Shekufeh sold 968.0 shares on Nov 16.

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