United Parks & Resorts Inc. (NYSE:PRKS) Insider Kyle Robert Miller Sells 1,000 Shares

United Parks & Resorts Inc. (NYSE:PRKS) insider Kyle Robert Miller sold 1,000 shares of United Parks & Resorts stock in a transaction on Monday, April 15th. The stock was sold at an average price of $53.87, for a total transaction of $53,870.00. Following the completion of the sale, the insider now owns 36,961 shares of the company’s stock, valued at approximately $1,991,089.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 stock was sold at an average price of $52.50, for a total transaction of $52,500.00.

United Parks & Resorts Price Performance

Shares of United Parks & Resorts stock opened at $51.16 on Thursday. The firm has a market cap of $3.29 billion, a PE ratio of 14.09 and a beta of 1.81. United Parks & Resorts Inc. has a twelve month low of $40.87 and a twelve month high of $61.30. The business’s 50 day moving average 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 for the quarter, missing the consensus estimate 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 company had revenue of $389.00 million during the quarter, compared to analyst estimates of $396.45 million. During the same period in the prior year, the business earned $0.76 earnings per share. United Parks & Resorts’s quarterly revenue was down .4% on a year-over-year basis. As a group, research analysts forecast that United Parks & Resorts Inc. will post 4.6 EPS for the current year.

Analysts Set New Price Targets

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