United Parks & Resorts (PRKS) AI Stock Analysis

• Market Cap: $2.66B
• Dividend Yield: N/A
• Average Volume (3M): 700.76K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.78
• Revenue Growth: -0.92%
• EPS Growth: 0.80%
• Country: US
• Employees: 3,300
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Leisure
• EPS (TTM): -0.29
• Shares Outstanding: 54,974,407
• 10 Day Avg. Volume: 791,512
• 30 Day Avg. Volume: 700,764
• PEG Ratio: 0.47
• Price to Book (P/B): -8.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.24
• Enterprise Value/Market Cap: 1.57
• Enterprise Value/Revenue: 0.61
• Enterprise Value/Gross Profit: 3.09
• Enterprise Value/Ebitda: 1.66
• 1Y Price Target: $55.56
• Price Target Upside: 12.47% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 61 Neutral
• Price Target: $48.00 ▼(-2.83%Downside)

United Parks & Resorts' stock score is driven primarily by its mixed financial performance, showing strong cash flow conversion but significant balance sheet risks. Valuation is attractive due to the low P/E ratio, and the earnings call indicates both promising growth initiatives and current operational challenges. Technical analysis presents a neutral outlook, balancing the overall score.

Positive Factors

Attendance Growth

Attendance growth is tracking ahead of expectations with a 1-3% year-to-date increase.

Valuation

Valuation is undemanding at 7 times EBITDA, suggesting potential for re-rating if market conviction on accelerating revenue growth increases.

Negative Factors

Cash Operating Costs

Cash operating costs remain higher year-over-year for the third consecutive quarter despite lower top line.

Competition

Exposure to elevated risk of share loss from major new competing attractions like Epic Universe.

Guest Spending

There is greater than expected pressure on per guest spending, which declined approximately 2% year-over-year in the first quarter.

United Parks & Resorts Business Overview & Revenue Model

Company Description

United Parks & Resorts (PRKS) is a prominent company operating within the entertainment and leisure sector, specializing in the development and management of amusement parks and resorts. The company is known for creating immersive and engaging experiences for visitors by offering a variety of attractions, themed environments, and world-class entertainment options. United Parks & Resorts aims to provide memorable experiences to families and guests of all ages, enhancing customer satisfaction and fostering repeat visitation.

How the Company Makes Money

United Parks & Resorts generates revenue through a diversified model that includes several key streams. The primary source of income is ticket sales for entry into their amusement parks and resorts, which are priced based on the level of access and the season. Additionally, the company earns substantial revenue from in-park sales, including food and beverage outlets, merchandise, and themed souvenirs. Accommodations at their resort properties also contribute significantly to the company's earnings, with guests often opting for on-site lodging to enhance their overall experience. Furthermore, United Parks & Resorts leverages strategic partnerships and licensing agreements to incorporate popular intellectual properties into their attractions, drawing more visitors and increasing brand loyalty. These partnerships often involve revenue-sharing arrangements that further bolster the company's financial performance.

United Parks & Resorts Financial Statement Overview

Summary

United Parks & Resorts shows moderate revenue stability and robust gross margins, but faces significant financial risks due to high leverage and negative equity. Solid cash flow generation is a positive, though declining free cash flow raises some concerns.

Income Statement

United Parks & Resorts shows moderately stable revenue with a slight decline in the TTM period. Gross profit margin is robust at 78.9%, indicating efficient cost management. However, net profit margin dropped to 13.0% in TTM, reflecting potential cost pressures or inefficiencies impacting profitability. The EBIT and EBITDA margins demonstrate consistent operational efficiency.

Balance Sheet

The balance sheet reveals high leverage with a negative stockholders' equity, indicating financial distress. The debt-to-equity ratio cannot be calculated due to negative equity, and the equity ratio is negative, underscoring significant liabilities compared to assets. These factors highlight financial risk and potential instability.

Cash Flow

Cash flow from operations remains strong, maintaining a healthy ratio to net income, suggesting good cash conversion. However, free cash flow has declined in the TTM period, reducing financial flexibility. The company's capability to manage its capital investments efficiently is evident despite the drop.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.71B	1.73B	1.73B	1.73B	1.50B	431.78M
Gross Profit	1.35B	1.59B	868.93M	1.60B	1.39B	395.07M
EBITDA	620.19M	622.73M	613.98M	660.19M	521.65M	-88.89M
Net Income	222.56M	227.50M	234.20M	291.19M	256.51M	-312.32M
Balance Sheet
Total Assets	2.57B	2.57B	2.63B	2.33B	2.61B	2.57B
Cash, Cash Equivalents and Short-Term Investments	75.67M	115.89M	246.92M	79.20M	443.71M	433.91M
Total Debt	2.36B	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	-478.29M	-461.54M	-208.22M	-437.66M	-33.92M	-105.80M
Cash Flow
Free Cash Flow	183.45M	231.71M	200.08M	363.88M	374.16M	-229.90M
Operating Cash Flow	409.07M	480.14M	504.92M	564.59M	503.01M	-120.73M
Investing Cash Flow	-218.05M	-248.50M	-305.61M	-200.71M	-128.85M	-109.17M
Financing Cash Flow	-344.41M	-362.66M	-34.71M	-726.05M	-364.90M	624.20M

United Parks & Resorts Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRKS, the sentiment is Positive. The current price of 49.4 is above the 20-day moving average (MA) of 44.29, above the 50-day MA of 45.32, and below the 200-day MA of 50.44, indicating a neutral trend. The MACD of 0.84 indicates Negative momentum. The RSI at 70.47 is Negative, neither overbought nor oversold. The STOCH value of 87.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PRKS.

United Parks & Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	81 Outperform	$4.36B	20.60	27.15%	1.27%	2.07%	24.87%
OSW	77 Outperform	$2.13B	32.67	12.80%	0.77%	9.80%	89.42%
Sector *	62 Neutral	$16.65B	11.16	-7.38%	3.11%	1.59%	-23.30%
PRKS	61 Neutral	$2.66B	12.93	-52.57%	―	-0.92%	0.80%
LUCK	57 Neutral	$1.32B	―	-108.04%	2.35%	6.65%	-111.16%
MODG	53 Neutral	$1.59B	―	-46.00%	―	-1.74%	-2020.38%
XPOF	45 Neutral	$357.56M	―	22.27%	―	-3.17%	-194.72%

United Parks & Resorts Corporate Events

United Parks & Resorts Approves Key Proposals at Annual Meeting

On June 13, 2025, United Parks & Resorts Inc. held its Annual Meeting of Stockholders, where a quorum was present. During the meeting, several proposals were voted on, including the election of directors, ratification of KPMG LLP as the independent registered public accounting firm, approval of executive compensation, and the 2025 Omnibus Incentive Plan. All proposals were approved, including the election of directors to serve until the 2026 Annual Meeting and the approval of the director compensation limit in the incentive plan.

The most recent analyst rating on (PRKS) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on United Parks & Resorts stock, see the PRKS Stock Forecast page.