As of close of business last night, United Parks & Resorts Inc.’s stock clocked out at $54.72, up 0.74% from its previous closing price of $54.32. In other words, the price has increased by $+0.40 from its previous closing price. On the day, 864814 shares were traded.
Ratios:
To gain a deeper understanding of PRKS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.50. 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 the company, Morgan Stanley on December 14, 2023, Downgraded its rating to Equal-Weight and sets its target price to $57 from $60 previously.
Goldman reiterated its Buy rating for the stock on July 24, 2023, while the target price for the stock was revised from $75 to $66.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Miller Kyle Robert sold 1,000 shares for $52.50 per share. The transaction valued at 52,500 led to the insider holds 37,961 shares of the business.
Surrett Byron sold 5,083 shares of PRKS for $256,692 on Mar 15 ’24. The insider now owns 15,306 shares after completing the transaction at $50.50 per share. On Mar 05 ’24, another insider, Surrett Byron, who serves as the insider of the company, sold 1,082 shares for $53.48 each. As a result, the insider received 57,865 and left with 10,586 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 3.52B and an Enterprise Value of 5.49B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.05, and their Forward P/E ratio for the next fiscal year is 11.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03. Its current Enterprise Value per Revenue stands at 3.18 whereas that against EBITDA is 8.94.
Stock Price History:
Over the past 52 weeks, PRKS has reached a high of $61.76, while it has fallen to a 52-week low of $40.87. The 50-Day Moving Average of the stock is 50.29, while the 200-Day Moving Average is calculated to be 50.30.
Shares Statistics:
It appears that PRKS traded 732.33K shares on average per day over the past three months and 805.38k shares per day over the past ten days. A total of 63.97M shares are outstanding, with a floating share count of 62.78M. Insiders hold about 1.86% of the company’s shares, while institutions hold 110.06% stake in the company. Shares short for PRKS as of Feb 29, 2024 were 2.45M with a Short Ratio of 3.34, compared to 2.88M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.83% and a Short% of Float of 6.76%.
Earnings Estimates
As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.33, while EPS last year was -$0.26. The consensus estimate for the next quarter is $1.65, with high estimates of $1.75 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 $4.45. EPS for the following year is $4.73, with 8 analysts recommending between $5.17 and $4.09.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $286.9M. It ranges from a high estimate of $300M to a low estimate of $275.75M. As of the current estimate, United Parks & Resorts Inc.’s year-ago sales were $293.35M, an estimated decrease of -2.20% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $510.64M, an increase of 2.90% over than the figure of -$2.20% in the same quarter last year. There is a high estimate of $523.38M for the next quarter, whereas the lowest estimate is $498.64M.
A total of 10 analysts have provided revenue estimates for PRKS’s current fiscal year. The highest revenue estimate was $1.8B, while the lowest revenue estimate was $1.73B, resulting in an average revenue estimate of $1.77B. In the same quarter a year ago, actual revenue was $1.73B, up 2.70% from the average estimate. Based on 10 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 $1.77B. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.
