United Parks & Resorts (PRKS) Projected to Post Earnings on Wednesday

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

United Parks & Resorts Price Performance

NYSE:PRKS opened at $52.40 on Monday. United Parks & Resorts has a 12 month low of $44.72 and a 12 month high of $60.83. The firm has a market capitalization of $2.88 billion, a PE ratio of 13.13 and a beta of 1.99. The business’s fifty day moving average price is $54.11 and its 200 day moving average price is $53.23.

Analyst Ratings Changes

Several equities analysts have commented on PRKS shares. Truist Financial increased their price target on shares of United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Mizuho reiterated an “underperform” rating and issued a $43.00 target price (down from $45.00) on shares of United Parks & Resorts in a research note on Friday, November 8th. Finally, Guggenheim cut their price target on shares of United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. One equities 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 presently has an average 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 stock in a transaction on Friday, December 13th. The stock was sold at an average price of $55.62, for a total transaction of $723,060.00. Following the sale, the insider now owns 132,439 shares of the company’s stock, valued at $7,366,257.18. This trade represents a 8.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.