United Parks & Resorts Inc. (NYSE:PRKS) Insider Sells $53,870.00 in Stock

United Parks & Resorts Inc. (NYSE:PRKS) insider Kyle Robert Miller sold 1,000 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $53.87, for a total value of $53,870.00. Following the completion of the sale, the insider now directly owns 36,961 shares of the company’s stock, valued at $1,991,089.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kyle Robert Miller also recently made the following trade(s):

• On Monday, March 18th, Kyle Robert Miller sold 1,000 shares of United Parks & Resorts stock. The shares were sold at an average price of $52.50, for a total value of $52,500.00.

United Parks & Resorts Trading Down 1.3 %

Shares of United Parks & Resorts stock opened at $51.16 on Thursday. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 14.09 and a beta of 1.81. United Parks & Resorts Inc. has a 52-week low of $40.87 and a 52-week high of $61.30. The business’s 50-day moving average price is $52.64.

United Parks & Resorts (NYSE:PRKS) last issued its earnings results on Wednesday, February 28th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.16). United Parks & Resorts had a negative return on equity of 72.46% and a net margin of 13.56%. The business had revenue of $389.00 million for the quarter, compared to analysts’ expectations of $396.45 million. During the same period last year, the company posted $0.76 earnings per share. The business’s quarterly revenue was down .4% on a year-over-year basis. Equities analysts forecast that United Parks & Resorts Inc. will post 4.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PRKS. Citigroup upped their price target on shares of United Parks & Resorts from $54.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Truist Financial increased their target price on shares of United Parks & Resorts from $60.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. boosted their price target on United Parks & Resorts from $57.00 to $61.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Mizuho initiated coverage on United Parks & Resorts in a research report on Tuesday, March 26th. They set an “underperform” rating and a $47.00 price objective for the company. Finally, Guggenheim began coverage on United Parks & Resorts in a report on Thursday, April 4th. They issued a “buy” rating and a $73.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $60.40.

United Parks & Resorts Company Profile

United Parks & Resorts Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates and licenses SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; Abu Dhabi, United Arab Emirates; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.