United Parks & Resorts (PRKS) to Release Earnings on Wednesday

United Parks & Resorts (NYSE:PRKS) will likely be announcing 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

United Parks & Resorts Price Performance

Shares of NYSE:PRKS opened at $55.70 on Tuesday. The firm’s 50 day simple moving average is $54.08 and its 200 day simple moving average is $53.29. United Parks & Resorts has a fifty-two week low of $44.72 and a fifty-two week high of $60.83. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 13.96 and a beta of 1.99.

Insiders Place Their Bets

In other news, insider Christopher L. Finazzo sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $55.62, for a total transaction of $723,060.00. Following the completion of the transaction, the insider now directly owns 132,439 shares of the company’s stock, valued at $7,366,257.18. This trade represents a 8.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on PRKS shares. Mizuho reissued an “underperform” rating and set a $43.00 price target (down from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Guggenheim dropped their price objective on United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Finally, Truist Financial boosted their target price on United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.60.

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.