United Parks & Resorts (NYSE:PRKS – Get Free Report) had its target price hoisted by analysts at Guggenheim from $51.00 to $54.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Guggenheim’s price objective points to a potential upside of 22.70% from the stock’s current price.
Several other equities research analysts have also recently issued reports on the stock. Northcoast Research initiated coverage on shares of United Parks & Resorts in a research report on Wednesday, July 8th. They issued a “neutral” rating for the company. Barclays set a $41.00 target price on shares of United Parks & Resorts and gave the stock an “equal weight” rating in a research report on Wednesday. Mizuho raised shares of United Parks & Resorts from an “underperform” rating to an “outperform” rating and lifted their price target for the company from $27.00 to $47.00 in a research note on Friday, May 8th. The Goldman Sachs Group boosted their price target on United Parks & Resorts from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Finally, UBS Group reaffirmed a “neutral” rating and set a $45.00 target price on shares of United Parks & Resorts in a research report on Monday, June 15th. Four equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $47.50.
Read Our Latest Analysis on United Parks & Resorts
United Parks & Resorts Stock Down 4.7%
United Parks & Resorts (NYSE:PRKS – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.33). The company had revenue of $483.32 million for the quarter, compared to analysts’ expectations of $492.10 million. United Parks & Resorts had a net margin of 9.09% and a negative return on equity of 35.46%. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.45 earnings per share. As a group, research analysts anticipate that United Parks & Resorts will post 3.35 earnings per share for the current year.
Insider Activity
In other news, insider Christopher L. Finazzo sold 8,000 shares of United Parks & Resorts stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $36.76, for a total transaction of $294,080.00. Following the completion of the sale, the insider directly owned 130,285 shares in the company, valued at approximately $4,789,276.60. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.70% of the company’s stock.
Institutional Trading of United Parks & Resorts
Several institutional investors and hedge funds have recently bought and sold shares of the business. SkyView Investment Advisors LLC lifted its position in United Parks & Resorts by 1.7% during the fourth quarter. SkyView Investment Advisors LLC now owns 21,685 shares of the company’s stock valued at $787,000 after purchasing an additional 358 shares during the period. Captrust Financial Advisors grew its position in United Parks & Resorts by 4.9% during the 2nd quarter. Captrust Financial Advisors now owns 8,999 shares of the company’s stock worth $424,000 after purchasing an additional 420 shares during the period. NewEdge Wealth LLC grew its position in United Parks & Resorts by 4.0% during the 1st quarter. NewEdge Wealth LLC now owns 13,323 shares of the company’s stock worth $435,000 after purchasing an additional 509 shares during the period. Versant Capital Management Inc raised its stake in shares of United Parks & Resorts by 40.5% during the 2nd quarter. Versant Capital Management Inc now owns 1,862 shares of the company’s stock valued at $89,000 after buying an additional 537 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of United Parks & Resorts during the 3rd quarter valued at about $28,000.
More United Parks & Resorts News
Here are the key news stories impacting United Parks & Resorts this week:
- Positive Sentiment: Management outlined a target of approximately $50 million in gross cost savings during 2026. If achieved, the savings could support profitability and cash flow amid uneven attendance trends. United Parks outlines 50 million dollar 2026 gross cost savings target while exploring real estate options
- Positive Sentiment: The company is also exploring real-estate options, which could potentially unlock value from its property portfolio or improve financial flexibility, although no specific transaction was announced. Real estate options report
- Neutral Sentiment: The earnings call showed mixed momentum. Cost-control initiatives and ongoing operating efforts were constructive, but management’s commentary did not eliminate concerns about demand and tourism trends. United Parks and Resorts earnings call shows mixed momentum
- Negative Sentiment: Second-quarter revenue was $483.32 million, below the approximately $492.10 million analyst consensus and down 1.4% from the prior-year period. United Parks and Resorts reports second quarter and first six months 2026 results
- Negative Sentiment: Adjusted earnings were $1.34 per share, missing the $1.67 consensus estimate and declining from $1.45 a year earlier. The earnings and revenue misses increase pressure on the company’s full-year outlook. United Parks and Resorts Q2 earnings and revenues lag estimates
- Negative Sentiment: Management cited a decline in international tourism as a factor affecting results, raising concerns about attendance, park spending and near-term revenue growth. United Parks and Resorts falls after international tourism decline impacts results
About United Parks & Resorts
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.
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