Core Insights - Voss Capital's funds underperformed compared to major indices in Q3 2025, with returns of +5.0% and +4.9% against +12.4% for the Russell 2000 Index [1] - The Voss Value Master Fund had a total gross exposure of 205.4% and a net long exposure of 95.8% as of September 30, 2025 [1] Company Analysis: United Parks & Resorts Inc. (NYSE:PRKS) - United Parks & Resorts Inc. experienced a one-month return of -23.17% and a 52-week decline of 40.28%, closing at $35.34 with a market cap of $1.945 billion on December 01, 2025 [2] - The company is characterized as a "deep value stock" currently facing challenges, including a significant drop of approximately 45% post-Q3 earnings [3] - Attendance growth was positive in Q2 but declined by -3.4% in Q3, with a -6.3% drop in Admissions Per Cap, which contributed to bearish sentiment [3] - United Parks & Resorts reported total revenue of $511.9 million in Q3 2025, a decrease of $34.1 million compared to Q3 2024 [4] - The stock is not among the most popular choices among hedge funds, with 37 hedge fund portfolios holding it at the end of Q3, up from 34 in the previous quarter [4]
What Makes United Parks & Resorts (PRKS) a Deep Value Stock?