United Parks & Resorts (NYSE:PRKS) Stock Price Expected to Rise, Truist Financial Analyst Says

United Parks & Resorts (NYSE:PRKS) had its price target boosted by equities research analysts at Truist Financial from $47.00 to $53.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s target price suggests a potential upside of 78.04% from the stock’s previous close.

A number of other brokerages have also commented on PRKS. Citigroup decreased their price objective on United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parks & Resorts in a report on Monday, December 29th. Guggenheim reduced their price target on shares of United Parks & Resorts from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Mizuho decreased their price target on shares of United Parks & Resorts from $28.00 to $27.00 and set an “underperform” rating for the company in a report on Monday, March 2nd. Finally, Zacks Research raised shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, United Parks & Resorts currently has an average rating of “Hold” and an average target price of $47.00.

United Parks & Resorts Stock Down 4.0%

PRKS opened at $29.77 on Thursday. The stock has a fifty day moving average of $34.70 and a 200-day moving average of $39.79. The firm has a market capitalization of $1.45 billion, a P/E ratio of 9.76, a PEG ratio of 2.14 and a beta of 1.18. United Parks & Resorts has a 12-month low of $28.77 and a 12-month high of $56.95.

United Parks & Resorts (NYSE:PRKS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.18). United Parks & Resorts had a net margin of 10.13% and a negative return on equity of 41.63%. The business had revenue of $373.55 million for the quarter, compared to analysts’ expectations of $375.87 million. During the same quarter in the prior year, the firm posted $0.50 EPS. The business’s quarterly revenue was down 2.8% compared to the same quarter last year. On average, analysts expect that United Parks & Resorts will post 3.95 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Nomura Holdings Inc. raised its stake in shares of United Parks & Resorts by 742.3% during the 3rd quarter. Nomura Holdings Inc. now owns 4,476,357 shares of the company’s stock worth $231,428,000 after purchasing an additional 3,944,894 shares in the last quarter. Goldentree Asset Management LP grew its stake in shares of United Parks & Resorts by 83.5% in the 4th quarter. Goldentree Asset Management LP now owns 2,438,437 shares of the company’s stock valued at $88,366,000 after buying an additional 1,109,930 shares in the last quarter. Long Pond Capital LP bought a new stake in shares of United Parks & Resorts in the 4th quarter valued at approximately $31,036,000. CIBC Bancorp USA Inc. acquired a new position in United Parks & Resorts in the third quarter worth approximately $26,000,000. Finally, Cibc World Markets Corp acquired a new position in United Parks & Resorts in the fourth quarter worth approximately $18,215,000.

Key United Parks & Resorts News

Here are the key news stories impacting United Parks & Resorts this week:

• Positive Sentiment: Truist raised its price target on PRKS to $53 and reiterated a “Buy” rating, highlighting upside vs. the current share level; this analyst support can cushion selling and attract buyers. Read More.
• Neutral Sentiment: Company fundamentals/context: PRKS trades with a low P/E (~9.8) and has recently missed quarterly EPS and revenue expectations, which keeps valuation and operational questions on investors’ radars even as sentiment shifts. Read More.
• Negative Sentiment: DOJ filed a suit alleging the company’s ban on wheeled walkers/rollators at its parks violated the Americans with Disabilities Act — this is a formal federal action that raises potential liability for damages, compliance costs, and required policy changes. Read More.
• Negative Sentiment: Additional lawsuits and media stories allege theme parks have excluded guests with mobility needs; broader scrutiny increases reputational risk and could expand legal exposure beyond a single suit. Read More.
• Negative Sentiment: Practical implications for PRKS: potential costs for retrofitting policies/operations, settlement or penalty risk, and near‑term foot traffic uncertainty if accessibility policies remain in dispute — these factors likely drove the stock down as traders reprice legal risk. Read More.

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.