At the time of writing, United Parks & Resorts Inc [PRKS] stock is trading at $57.39, down -0.26%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRKS shares have gain 3.09% over the last week, with a monthly amount drifted -3.02%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
United Parks & Resorts Inc [NYSE: PRKS] stock has seen the most recent analyst activity on August 08, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $53 from $63. Previously, Guggenheim started tracking the stock with Buy rating on April 04, 2024, and set its price target to $73. On March 26, 2024, Mizuho initiated with a Underperform rating and assigned a price target of $47 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $57 on December 14, 2023. Goldman reiterated a Buy rating for this stock on July 24, 2023, and downed its price target to $66. In a note dated May 31, 2023, Goldman initiated an Buy rating and provided a target price of $75 on this stock.
For the past year, the stock price of United Parks & Resorts Inc fluctuated between $44.72 and $60.83. Currently, Wall Street analysts expect the stock to reach $66.5 within the next 12 months. United Parks & Resorts Inc [NYSE: PRKS] shares were valued at $57.39 at the most recent close of the market. An investor can expect a potential return of 15.87% based on the average PRKS price forecast.
Analyzing the PRKS fundamentals
According to United Parks & Resorts Inc [NYSE:PRKS], the company’s sales were 1.73B for trailing twelve months, which represents an -0.43% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is -0.75 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.94.
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 56.04 points at the first support level, and at 54.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.19, and for the 2nd resistance point, it is at 58.98.
Ratios To Look Out For
It is important to note that United Parks & Resorts Inc [NYSE:PRKS] has a current ratio of 0.64. Also, the Quick Ratio is 0.52, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.82 and price to earnings (TTM) ratio is 14.41.
Transactions by insiders
Recent insider trading involved Finazzo Christopher L., Chief Commercial Officer, that happened on Dec 13 ’24 when 13000.0 shares were sold. Officer, Forrester James W Jr completed a deal on Dec 13 ’24 to buy 875.0 shares. Meanwhile, Chief Commercial Officer Christopher Finazzo bought 13000.0 shares on Dec 13 ’24.
