United Parks & Resorts Inc (NYSE: PRKS) is -12.16% lower on its value in year-to-date trading and has touched a low of $44.72 and a high of $60.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRKS stock was last observed hovering at around $49.41 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $49.36, the stock is -4.97% and -7.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -0.10% at the moment leaves the stock -6.77% off its SMA200. PRKS registered -6.80% loss for a year compared to 6-month loss of -6.18%.
The stock witnessed a -5.96% gain in the last 1 month and extending the period to 3 months gives it a -16.59%, and is -2.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 3.84% over the month.
United Parks & Resorts Inc (PRKS) has around 3300 employees, a market worth around $2.72B and $1.73B in sales. Current P/E ratio is 12.77 and Fwd P/E is 9.54. Profit margin for the company is 13.19%. Distance from 52-week low is 10.38% and -18.86% from its 52-week high. The company has generated returns on investments over the last 12 months (12.06%).
with sales reaching $294.98M over the same period.The EPS is expected to grow by 24.84% this year, but quarterly earnings will post 1.24% year-over-year. Quarterly sales are estimated to shrink -0.82% in year-over-year returns.
United Parks & Resorts Inc (PRKS) Top Institutional Holders
The shares outstanding are 55.03M, and float is at 53.93M with Short Float at 9.01%.
The top institutional shareholder in the company is HILL PATH CAPITAL LP with over 27.21 million shares valued at $1.48 billion. The investor’s holdings represent 43.9575% of the PRKS Shares outstanding. As of 2024-06-30, the second largest holder is NOMURA HOLDINGS INC with 4.5 million shares valued at $244.32 million to account for 7.2688 of the shares outstanding. The other top investors are BARROW HANLEY MEWHINNEY & STRAUSS LLC which holds 4.12 million shares representing 6.6554% and valued at over $223.71 million, while VANGUARD GROUP INC holds 5.5617 of the shares totaling 3.44 million with a market value of $186.94 million.
United Parks & Resorts Inc (PRKS) Insider Activity
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Still, SEC filings show that on Dec 13 ’24, Finazzo Christopher L. (Chief Commercial Officer) disposed off 13,000 shares at an average price of $55.62 for $0.72 million. The insider now directly holds 132,439 shares of United Parks & Resorts Inc (PRKS).
