In the past week, PRKS stock has gone up by 6.80%, with a monthly gain of 12.08% and a quarterly plunge of -1.77%. The volatility ratio for the week is 2.80%, and the volatility levels for the last 30 days are 3.07% for United Parks & Resorts Inc. The simple moving average for the past 20 days is 8.90% for PRKS’s stock, with a 2.19% simple moving average for the past 200 days.
Is It Worth Investing in United Parks & Resorts Inc. (NYSE: PRKS) Right Now?
The price-to-earnings ratio for United Parks & Resorts Inc. (NYSE: PRKS) is above average at 13.74x, Company’s 36-month beta value is 2.00.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The public float for PRKS is 56.99M, and currently, short sellers hold a 10.51% ratio of that floaft. The average trading volume of PRKS on September 05, 2024 was 1.03M shares.
PRKS) stock’s latest price update
United Parks & Resorts Inc. (NYSE: PRKS)’s stock price has increased by 4.03 compared to its previous closing price of 50.57. However, the company has seen a 6.80% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-21 that Near-term performance for United Parks & Resorts is expected to remain weak. Despite aggressive share buybacks and low stock valuation, the risk of PRKS missing FY24 estimates is a concern. PRKS’s attendance outlook is bleak, with foot traffic data showing negative trends and challenges in the current macro environment.
Analysts’ Opinion of PRKS
Many brokerage firms have already submitted their reports for PRKS stocks, with Goldman repeating the rating for PRKS by listing it as a “Neutral.” The predicted price for PRKS in the upcoming period, according to Goldman is $53 based on the research report published on August 08, 2024 of the current year 2024.
Guggenheim, on the other hand, stated in their research note that they expect to see PRKS reach a price target of $73. The rating they have provided for PRKS stocks is “Buy” according to the report published on April 04th, 2024.
Mizuho gave a rating of “Underperform” to PRKS, setting the target price at $47 in the report published on March 26th of the current year.
PRKS Trading at 1.33% from the 50-Day Moving Average
After a stumble in the market that brought PRKS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.84% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares surge +12.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.18% upper at present.
During the last 5 trading sessions, PRKS rose by +6.80%, which changed the moving average for the period of 200-days by +6.63% in comparison to the 20-day moving average, which settled at $48.61. In addition, United Parks & Resorts Inc. saw -0.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRKS starting from Maruyama Yoshikazu, who proposed sale 12,984 shares at the price of $50.07 back on Sep 03 ’24. After this action, Maruyama Yoshikazu now owns shares of United Parks & Resorts Inc., valued at $650,078 using the latest closing price.
Maxwell Jayson, the of United Parks & Resorts Inc., sale 545 shares at $49.44 during a trade that took place back on Aug 27 ’24, which means that Maxwell Jayson is holding 722 shares at $26,945 based on the most recent closing price.
Stock Fundamentals for PRKS
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.67 for the gross margin
The net margin for United Parks & Resorts Inc. stands at 0.14. The total capital return value is set at 0.22.
Based on United Parks & Resorts Inc. (PRKS), the company’s capital structure generated 1.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at -6.19. The interest coverage ratio of the stock is 3.18.
Currently, EBITDA for the company is 614.8 million with net debt to EBITDA at 3.35. When we switch over and look at the enterprise to sales, we see a ratio of 3.0. The receivables turnover for the company is 17.18for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
In a nutshell, United Parks & Resorts Inc. (PRKS) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
