United Parks & Resorts (PRKS) Expected to Announce Earnings on Wednesday

United Parks & Resorts (NYSE:PRKS) is anticipated to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect United Parks & Resorts to post earnings of $0.63 per share and revenue of $380.05 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

United Parks & Resorts Trading Down 3.3 %

PRKS stock opened at $52.40 on Monday. The company has a 50-day moving average price of $54.11 and a 200 day moving average price of $53.23. United Parks & Resorts has a 12 month low of $44.72 and a 12 month high of $60.83. The stock has a market cap of $2.88 billion, a PE ratio of 13.13 and a beta of 1.99.

Wall Street Analyst Weigh In

PRKS has been the subject of a number of research reports. Truist Financial boosted their price target on United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a report on Friday, November 8th. Mizuho reiterated an “underperform” rating and issued a $43.00 target price (down previously from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Finally, Guggenheim decreased their target price on shares of United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $62.60.

Insider Activity

In related news, insider Christopher L. Finazzo sold 13,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $55.62, for a total transaction of $723,060.00. Following the completion of the sale, the insider now directly owns 132,439 shares in the company, valued at approximately $7,366,257.18. This trade represents a 8.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

United Parks & Resorts Company Profile

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.