United Parks & Resorts (PRKS) AI Stock Analysis

• Market Cap: $1.93B
• Dividend Yield: N/A
• Average Volume (3M): 959.91K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.90
• Revenue Growth: -3.27%
• EPS Growth: -17.93%
• Country: US
• Employees: 3,300
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 1.61
• Shares Outstanding: 55,024,612
• 10 Day Avg. Volume: 1,490,309
• 30 Day Avg. Volume: 959,914
• PEG Ratio: 3.36
• Price to Book (P/B): -7.25
• Price to Sales (P/S): 1.94
• P/FCF Ratio: 14.44
• Enterprise Value/Market Cap: 2.55
• Enterprise Value/Revenue: 2.95
• Enterprise Value/Gross Profit: 3.20
• Enterprise Value/Ebitda: 8.89
• 1Y Price Target: $55.27
• Price Target Upside: 50.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 3.78
• Revenue Forecast (FY): $1.69B

• Rating: 55 Neutral
• Price Target: $36.00 ▼(-2.20% Downside)

The overall stock score of 55 reflects a company with strong operational efficiency but facing significant financial challenges. The bearish technical indicators and declining revenue growth weigh heavily on the score. However, the stock's undervaluation and optimistic future outlook from the earnings call provide some positive aspects. Addressing financial leverage and improving revenue trends are crucial for future performance.

Positive Factors

Strong Forward Booking Trends

The increase in forward bookings suggests strong future demand, indicating potential revenue growth and market confidence in the company's offerings.

Digital Transformation Success

The successful digital transformation enhances customer experience and increases sales efficiency, potentially boosting long-term revenue.

Share Repurchase Program

The share repurchase program indicates management's confidence in the company's valuation and financial health, potentially enhancing shareholder value.

Negative Factors

High Leverage

High leverage can strain financial flexibility and increase risk, potentially impacting the company's ability to invest in growth opportunities.

Revenue Decline

A decline in revenue indicates challenges in maintaining sales growth, which could affect long-term profitability and market position.

Increased Operating Expenses

Rising operating expenses can erode profit margins, necessitating effective cost management to sustain financial health over time.

United Parks & Resorts Business Overview & Revenue Model

Company Description

United Parks & Resorts (PRKS) is a leading entertainment and hospitality company that operates a diverse portfolio of amusement parks, resorts, and recreational facilities. The company focuses on delivering unique experiences to families and visitors through a variety of attractions, including thrilling rides, water parks, themed entertainment, and accommodations that enhance guest experiences. With a commitment to innovation and customer satisfaction, PRKS aims to be a premier destination for leisure and entertainment.

How the Company Makes Money

United Parks & Resorts generates revenue through multiple streams including ticket sales for park admissions, seasonal passes, and group sales. Additional revenue comes from food and beverage sales, merchandise retail, and accommodations at their resorts. The company also partners with local businesses and tourism boards to drive traffic to their parks, while leveraging sponsorships and advertising agreements within their facilities. Special events and seasonal attractions, such as holiday celebrations and concerts, further contribute to their earnings, enhancing the overall guest experience and attracting a broader audience.

United Parks & Resorts Financial Statement Overview

Summary

United Parks & Resorts demonstrates strong operational efficiency with high gross and EBIT margins. However, declining revenue growth and significant financial leverage pose risks. The balance sheet's negative equity and high debt levels indicate financial instability, while cash flow volatility could impact future investments. The company needs to address these financial challenges to ensure sustainable growth.

Income Statement

United Parks & Resorts shows strong gross profit margins consistently above 90%, indicating efficient cost management. However, the company faces challenges with declining revenue growth, as seen in the recent TTM data with a -1.99% growth rate. Net profit margins have decreased slightly over the years, reflecting pressure on profitability. Despite these challenges, EBIT and EBITDA margins remain healthy, suggesting operational efficiency.

Balance Sheet

The balance sheet reveals significant financial leverage, with a negative stockholders' equity leading to a high debt-to-equity ratio. This indicates potential financial instability and risk. The negative return on equity further highlights challenges in generating returns for shareholders. The equity ratio is also negative, underscoring the company's reliance on debt financing.

Cash Flow

Operating cash flow remains positive, but free cash flow has shown volatility, with a recent decline of -11.82% in TTM. The operating cash flow to net income ratio is close to 1, indicating adequate cash generation relative to net income. However, the free cash flow to net income ratio suggests limited cash available after capital expenditures, which could constrain future growth investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.67B	1.73B	1.73B	1.73B	1.50B	431.78M
Gross Profit	1.54B	1.59B	1.59B	1.60B	1.39B	395.07M
EBITDA	555.08M	622.73M	613.98M	660.19M	521.65M	-91.39M
Net Income	181.20M	227.50M	234.20M	291.19M	256.51M	-312.32M
Balance Sheet
Total Assets	2.74B	2.57B	2.63B	2.33B	2.61B	2.57B
Cash, Cash Equivalents and Short-Term Investments	183.23M	115.89M	246.92M	79.20M	443.71M	433.91M
Total Debt	131.60M	2.36B	2.22B	2.23B	2.24B	2.32B
Total Liabilities	3.05B	3.04B	2.83B	2.76B	2.64B	2.67B
Stockholders Equity	-308.74M	-461.54M	-208.22M	-437.66M	-33.92M	-105.80M
Cash Flow
Free Cash Flow	220.71M	231.71M	200.08M	363.88M	374.16M	-229.90M
Operating Cash Flow	414.16M	480.14M	504.92M	564.59M	503.01M	-120.73M
Investing Cash Flow	-193.45M	-248.50M	-305.61M	-200.71M	-128.85M	-109.17M
Financing Cash Flow	-76.75M	-362.66M	-34.71M	-726.05M	-364.90M	624.20M

United Parks & Resorts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 36.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRKS, the sentiment is Negative. The current price of 36.81 is below the 20-day moving average (MA) of 48.94, below the 50-day MA of 50.94, and below the 200-day MA of 48.66, indicating a bearish trend. The MACD of -3.00 indicates Positive momentum. The RSI at 24.88 is Positive, neither overbought nor oversold. The STOCH value of 13.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PRKS.

United Parks & Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSW	70 Outperform	$2.25B	31.07	13.53%	0.69%	7.27%	45.12%
LTH	67 Neutral	$5.53B	19.90	10.38%	―	15.77%	86.16%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MODG	56 Neutral	$1.95B	―	-46.53%	―	-3.58%	-12720.97%
PRKS	55 Neutral	$1.93B	11.27	―	―	-3.27%	-17.93%
LUCK	46 Neutral	$1.13B	―	―	2.72%	3.88%	34.36%
XPOF	41 Neutral	$311.58M	―	―	―	-3.55%	-111.90%

United Parks & Resorts Corporate Events

United Parks & Resorts Reports Decline in 2025 Earnings

United Parks & Resorts Inc. is a global theme park and entertainment company, known for its diverse portfolio of award-winning park brands and experiences across the United States and Abu Dhabi. The company reported a decrease in attendance and revenue for the third quarter and first nine months of 2025, with total revenue declining by 6.2% and 3.9% respectively, compared to the same periods in 2024. The decline in financial performance was attributed to unfavorable calendar shifts, poor weather, and a decrease in international visitors. Despite these challenges, in-park per capita spending increased, and the company saw record attendance at its Halloween events. United Parks & Resorts Inc. also repurchased over 635,000 shares, reflecting confidence in its undervalued stock. Looking ahead, the company is optimistic about its future, with plans for new attractions and events in 2026, and a focus on operational improvements to enhance attendance and shareholder value.

United Parks & Resorts CFO Resignation Announced

On October 22, 2025, United Parks & Resorts Inc. announced that its Chief Financial Officer and Treasurer, James Mikolaichik, will resign effective November 15, 2025, to pursue another opportunity. His departure is not due to any disagreements with the company. The company has appointed James W. Forrester, Jr., the Senior Vice President of Finance, as the Interim Chief Financial Officer and Treasurer starting November 15, 2025. Mr. Forrester brings extensive experience in theme park finance and operations, having previously held significant roles at SeaWorld Orlando and other major entertainment companies.

The most recent analyst rating on (PRKS) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on United Parks & Resorts stock, see the PRKS Stock Forecast page.

United Parks & Resorts Approves $500M Share Buyback

On September 3, 2025, United Parks & Resorts Inc. held a Special Meeting of Stockholders to approve a $500 million share repurchase program. The proposal was approved by a majority of disinterested stockholders, allowing the company to buy back shares without exceeding a 70% ownership threshold by Hill Path Capital LP. This move is seen as a strategic opportunity to invest in the company’s own shares, leveraging its strong balance sheet and significant free cash flow to return capital to stockholders. The share repurchase program is flexible, with no time limit and can be executed through various means, reflecting the company’s confidence in its market positioning and financial health.

The most recent analyst rating on (PRKS) stock is a Buy with a $52.58 price target. To see the full list of analyst forecasts on United Parks & Resorts stock, see the PRKS Stock Forecast page.

United Parks & Resorts Appoints New Chief Accounting Officer

On August 13, 2025, United Parks & Resorts Inc. announced the appointment of Kevin Connelly as the new Chief Accounting Officer, effective August 18, 2025. Connelly brings extensive experience from his previous roles in finance and accounting, having served in senior positions at various companies, including Appreciation Homes, LLC and Capview Partners, LLC. This leadership change follows the stepping down of William Myers from the role on August 13, 2025, who will remain with the company until the end of the month to ensure a smooth transition. Connelly’s compensation package includes a base salary, bonus opportunities, and stock options, aligning with the company’s incentive plans.

The most recent analyst rating on (PRKS) stock is a Sell with a $46.00 price target. To see the full list of analyst forecasts on United Parks & Resorts stock, see the PRKS Stock Forecast page.

United Parks & Resorts Inc. Earnings Call Highlights

United Parks & Resorts Inc. Reports Mixed Sentiments in Latest Earnings Call

United Parks & Resorts Reports Mixed 2025 Results

United Parks & Resorts Inc. is a global theme park and entertainment company known for its diverse portfolio of award-winning park brands and experiences, including SeaWorld and Busch Gardens, and is a leader in animal welfare and marine animal rescue. In its latest earnings report, United Parks & Resorts Inc. revealed a mixed performance for the second quarter and first six months of 2025, with a slight increase in attendance but a decline in total revenue and net income compared to the previous year. Key financial metrics showed a decrease in total revenue by 1.5% to $490.2 million for the second quarter, while net income dropped by 12.1% to $80.1 million. Adjusted EBITDA also fell by 5.4% to $206.3 million, and total revenue per capita decreased by 2.2%. Despite these declines, the company announced a new $500 million share buyback authorization and highlighted its ongoing animal rescue efforts, having aided 500 animals in the wild during the quarter. Looking ahead, United Parks & Resorts Inc. remains optimistic about its future prospects, with strong forward booking trends and an exciting lineup of events planned for the remainder of the year, indicating a potential rebound in performance.