United Parks & Resorts (PRKS)

• Market cap: $3.06B
• 1 day: 2.15%
• 5 days: -0.54%
• 1 month: -2.73%
• 3 months: 8.43%
• 6 months: 8.52%
• Year to date: 5.20%
• 1 year: 5.54%
• 5 years: 72.09%
• 10 years: 217.57%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: United Parks & Resorts Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove and Sesame Place. The company generates majority of its revenue from selling admission tickets for its theme parks.

Employees: 16,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

57% more call options, than puts

Call options by funds: $1.22M | Put options by funds: $779K

22% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 65

8.68% more ownership

Funds ownership: 112.96% [Q2] → 121.64% (+8.68%) [Q3]

8% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 50

2% less funds holding

Funds holding: 228 [Q2] → 224 (-4) [Q3]

7% less capital invested

Capital invested by funds: $3.83B [Q2] → $3.57B (-$263M) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 14 [Q2] → 12 (-2) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $43 23% downside
• Avg. target: $64 14% upside
• High target: $71 28% upside

5 analyst ratings

• positive: 4 80%
• neutral: 0 0%
• negative: 1 20%

Guggenheim Curry Baker 29% 1-year accuracy 6 / 21 met price target	26% upside $70	Buy Maintained	12 Nov 2024
Mizuho Ben Chaiken 61% 1-year accuracy 35 / 57 met price target	23% downside $43	Underperform Reiterated	8 Nov 2024
Truist Securities Michael Swartz 36% 1-year accuracy 18 / 50 met price target	15% upside $64	Buy Maintained	8 Nov 2024
Macquarie Paul Golding 78% 1-year accuracy 35 / 45 met price target	26% upside $70	Outperform Maintained	18 Oct 2024
B. Riley Securities Eric Wold 71% 1-year accuracy 20 / 28 met price target	28% upside $71	Buy Reiterated	7 Oct 2024