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United Parks & Resorts Inc. (PRKS) Down More Than 19% Since Q3, Here’s Why
Yahoo Finance· 2025-12-15 04:45
​United Parks & Resorts Inc. (NYSE:PRKS) is one of the Best Small Cap Value Stocks to Buy. United Parks & Resorts Inc. (NYSE:PRKS) has declined more than 19.5% since the release of its fiscal Q3 2025 results on November 6. However, Wall Street maintains a positive outlook with analysts’ 12-month price target reflecting 25.6% upside from the current level. Recently, on December 4, Truist Financial maintained a Buy rating on the stock, while lowering the price target from $61 to $47. The firm noted that th ...
Truist Slashes PT on United Parks & Resorts (PRKS) to $47 From $61, Keeps a Buy Rating
Yahoo Finance· 2025-12-09 07:19
United Parks & Resorts Inc. (NYSE:PRKS) is one of the best cheap small cap stocks to invest in now. Truist slashed the price target on United Parks & Resorts Inc. (NYSE:PRKS) to $47 from $61 on December 4, but maintained a Buy rating on the shares. The rating update came as part of a broader research note on Lodging names, with the firm telling investors that it is updating its price targets and models in the industry to take into account the Q3 results. 10 Best Leisure Stocks To Buy Now United Parks & R ...
Why SeaWorld Stock United Parks & Resorts Dropped Today
Yahoo Finance· 2025-11-06 19:00
Core Viewpoint - United Parks & Resorts experienced a significant decline in stock price, dropping 22.5% after missing earnings and sales forecasts for Q3 [1][7]. Financial Performance - United Parks reported earnings of $1.61 per share, missing the forecast of $2.37, and sales of $511.9 million, below the expected $538.2 million [1][3]. - Sales declined by 6% year-over-year, attributed to a 3% drop in attendance at its theme parks, while earnings fell by 25% year-over-year [3][4]. Management Commentary - CEO Marc Swanson expressed dissatisfaction with the quarterly results, citing factors such as an unfavorable calendar shift, poor weather during peak holiday periods, a decline in international visitation, and less than optimal execution as reasons for the poor performance [4]. - Swanson indicated that attendance would have been flat in Q3 if not for these adverse factors [4]. Future Outlook - The company plans to buy back $500 million worth of stock to enhance shareholder value and concentrate profits among fewer shares when business improves [5]. - Analysts predict a potential turnaround with approximately 10% earnings growth anticipated as early as next year [6][8]. Market Valuation - United Parks has a market capitalization of $2 billion and trailing earnings of $181 million, resulting in a price-to-earnings ratio of 11, which is considered undemanding [6].
United Parks & Resorts Inc. Reports Second Quarter and First Six Months 2025 Results
Prnewswire· 2025-08-07 10:30
Core Viewpoint - United Parks & Resorts Inc. reported its financial results for Q2 and the first half of fiscal year 2025, highlighting challenges due to adverse weather but showing resilience in attendance growth and future bookings [4][7][10]. Second Quarter 2025 Highlights - The company hosted approximately 6.2 million guests, generating total revenues of $490.2 million, net income of $80.1 million, and Adjusted EBITDA of $206.3 million [7][9]. - Attendance increased by approximately 48,000 guests or 0.8% compared to Q2 2024, attributed to a favorable calendar shift [7][8]. - Total revenue decreased by $7.4 million or 1.5% from Q2 2024, primarily due to a decrease in total revenue per capita [7][8]. - Net income decreased by $11.0 million or 12.1% from Q2 2024, and Adjusted EBITDA decreased by $11.9 million or 5.4% [7][9]. First Six Months 2025 Highlights - The company hosted approximately 9.6 million guests, generating total revenues of $777.2 million, net income of $64.0 million, and Adjusted EBITDA of $273.7 million [10][12]. - Attendance decreased by approximately 11,000 guests or 0.1% compared to the first six months of 2024, primarily due to adverse weather conditions [10][11]. - Total revenue decreased by $17.9 million or 2.2% from the first six months of 2024, with net income down by $15.9 million or 20.0% [10][12]. Other Highlights - The Board approved a new $500 million share repurchase program, pending approval from non-Hill Path shareholders [6][13]. - The company reported strong forward booking trends for group business and events, with expectations for significant attendance during upcoming seasonal events [5][6]. - The company aided 500 animals in need during Q2 2025, contributing to a total of over 42,000 animals helped historically [14][15].
United Parks & Resorts Kicks Off Nationwide Recruitment Week for 5,000 Summer Positions Coast to Coast Across All Parks
Prnewswire· 2025-04-28 14:00
Core Insights - United Parks & Resorts is hosting a national summer hiring event from May 5-9 to fill over 5,000 positions across its seven theme park brands [1][2] - The company is hiring for various roles including Lifeguards, Ride Operations, Food & Beverage, Retail, Guest Services, and more [2] - United Parks & Resorts emphasizes a positive work environment with perks such as free park admission, discounts, and exclusive events for employees [3] Company Overview - United Parks & Resorts Inc. operates a diverse portfolio of award-winning park brands including SeaWorld®, Busch Gardens®, and Discovery Cove, among others [5] - The company manages 13 parks across seven markets in the United States and Abu Dhabi, offering thrilling rides and educational wildlife experiences [5] - United Parks & Resorts is recognized for its commitment to animal welfare and has rescued over 41,000 animals in nearly 60 years of operation [5]