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The closing price of United Parks & Resorts Inc. (NYSE: PRKS) was $48.93 for the day, down -3.72% from the previous closing price of $50.82. In other words, the price has decreased by -$3.72 from its previous closing price. On the day, 1.4 million shares were traded. PRKS stock price reached its highest trading level at $50.84 during the session, while it also had its lowest trading level at $48.89.
Ratios:
Our analysis of PRKS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on April 04, 2024, initiated with a Buy rating and assigned the stock a target price of $73.
On March 26, 2024, Mizuho started tracking the stock assigning a Underperform rating and target price of $47.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 14, 2023, whereas the target price for the stock was revised from $60 to $57.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 15 ’24 when Miller Kyle Robert sold 1,000 shares for $53.87 per share. The transaction valued at 53,870 led to the insider holds 36,961 shares of the business.
Miller Kyle Robert sold 1,000 shares of PRKS for $52,500 on Mar 18 ’24. The insider now owns 37,961 shares after completing the transaction at $52.50 per share. On Mar 15 ’24, another insider, Surrett Byron, who serves as the insider of the company, sold 5,083 shares for $50.50 each. As a result, the insider received 256,692 and left with 15,306 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRKS now has a Market Capitalization of 3093491712 and an Enterprise Value of 5108921344. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.46, and their Forward P/E ratio for the next fiscal year is 10.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82. Its current Enterprise Value per Revenue stands at 2.959 whereas that against EBITDA is 7.869.
Stock Price History:
The Beta on a monthly basis for PRKS is 1.83, which has changed by -0.074872375 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, PRKS has reached a high of $61.30, while it has fallen to a 52-week low of $40.87. The 50-Day Moving Average of the stock is -6.96%, while the 200-Day Moving Average is calculated to be -1.92%.
Shares Statistics:
PRKS traded an average of 824.52K shares per day over the past three months and 733570 shares per day over the past ten days. A total of 63.97M shares are outstanding, with a floating share count of 63.05M. Insiders hold about 1.88% of the company’s shares, while institutions hold 109.65% stake in the company. Shares short for PRKS as of 1713139200 were 2944578 with a Short Ratio of 3.57, compared to 1710460800 on 2339825. Therefore, it implies a Short% of Shares Outstanding of 2944578 and a Short% of Float of 8.08.
Earnings Estimates
The stock of United Parks & Resorts Inc. (PRKS) is currently in the spotlight, with 9.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.18 and a low estimate of -$0.35, while EPS last year was -$0.26. The consensus estimate for the next quarter is $1.65, with high estimates of $1.71 and low estimates of $1.49.
Analysts are recommending an EPS of between $4.76 and $3.75 for the fiscal current year, implying an average EPS of $4.49. EPS for the following year is $4.81, with 9.0 analysts recommending between $5.42 and $4.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $300M to a low estimate of $284.08M. As of the current estimate, United Parks & Resorts Inc.’s year-ago sales were $293.35MFor the next quarter, 10 analysts are estimating revenue of $510.54M. There is a high estimate of $523.38M for the next quarter, whereas the lowest estimate is $498.64M.
A total of 11 analysts have provided revenue estimates for PRKS’s current fiscal year. The highest revenue estimate was $1.8B, while the lowest revenue estimate was $1.74B, resulting in an average revenue estimate of $1.77B. In the same quarter a year ago, actual revenue was $1.73BBased on 11 analysts’ estimates, the company’s revenue will be $1.81B in the next fiscal year. The high estimate is $1.86B and the low estimate is $1.73B.
