Is United Parks & Resorts Inc. (NYSE: PRKS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization and Stockholder Approval of Amended Stockholders Agreement with Hill Path Capital LP.

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Stocks Info

PRKS belongs to the Consumer Cyclical sector of the NYSE while operating in the Leisure industry. The current market capitalization of United Parks & Resorts Inc. is $3.56B. A total of 0.8 million shares were traded on the day, compared to an average of 791.65K shares.

In the most recent transaction, Miller Kyle Robert sold 1,000 shares of PRKS for 52.50 per share on Mar 18 ’24. After the transaction, the insider now owns 37,961 company shares. In a previous transaction on Mar 15 ’24, Surrett Byron sold 5,083 shares at 50.50 per share. PRKS shares that the insider owns now total 15,306.

Among the insiders who sold shares, Surrett Byron disposed of 1,082 shares on Mar 05 ’24 at a per-share price of $53.48. This resulted in the insider holding 10,586 shares of PRKS after the transaction. In another insider transaction, Miller Kyle Robert sold 2,000 shares at $52.50 per share on Feb 28 ’24. Company shares held by the insider now total 23,709.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PRKS has a high of $61.76 and a low of $40.87.

As of this writing, PRKS has an earnings estimate of -$0.24 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of -$0.17 per share and a lower estimate of -$0.33. The company reported an EPS of $1.92 in the last quarter, which was 1.60% higher than expectations of $1.89.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PRKS’s latest balance sheet shows that the firm has $443.71M in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $371.97M in liabilities at the time. Its Book Value Per Share was -$3.25, while its Total Shareholder’s Equity was -$33.92M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRKS is Buy with a score of 4.00.

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