United Parks & Resorts Inc (PRKS) 20 Days SMA touches 1.63%: The odds favor the bear

United Parks & Resorts Inc (NYSE: PRKS) on Tuesday, plunged -0.87% from the previous trading day, before settling in for the closing price of $56.44. Within the past 52 weeks, PRKS’s price has moved between $44.72 and $60.36.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 39.18%. The company achieved an average annual earnings per share of 8.76%. With a float of $54.02 million, this company’s outstanding shares have now reached $63.97 million.

Let’s determine the extent of company efficiency that accounts for 3300 employees. In terms of profitability, gross margin is 67.24%, operating margin of 27.7%, and the pretax margin is 18.51%.

United Parks & Resorts Inc (PRKS) Insider Activity

Observing investor behavior towards Leisure industry stocks is more important than anything else. The insider ownership of United Parks & Resorts Inc is 1.78%, while institutional ownership is 128.88%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,261,931. In this transaction an insider of this company sold 23,837 shares at a rate of $52.94, taking the stock ownership to the 85,463 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Chief Commercial Officer proposed sale 10,000 for $52.12, making the entire transaction worth $521,200.

United Parks & Resorts Inc (PRKS) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.82 earnings per share (EPS) for the period topping the consensus outlook (set at 0.75) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.50% during the next five years compared to 47.77% growth over the previous five years of trading.

United Parks & Resorts Inc (NYSE: PRKS) Trading Performance Indicators

United Parks & Resorts Inc (PRKS) is currently performing well based on its current performance indicators. A quick ratio of 0.52 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78. Likewise, its price to free cash flow for the trailing twelve months is 16.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.98, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 4.62 in one year’s time.

Technical Analysis of United Parks & Resorts Inc (PRKS)

Looking closely at United Parks & Resorts Inc (NYSE: PRKS), its last 5-days average volume was 0.76 million, which is a drop from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 43.06%. Additionally, its Average True Range was 1.85.

During the past 100 days, United Parks & Resorts Inc’s (PRKS) raw stochastic average was set at 71.80%, which indicates a significant increase from 48.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.25% in the past 14 days, which was higher than the 35.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.62, while its 200-day Moving Average is $52.01. However, in the short run, United Parks & Resorts Inc’s stock first resistance to watch stands at $56.56. Second resistance stands at $57.16. The third major resistance level sits at $58.13. If the price goes on to break the first support level at $54.99, it is likely to go to the next support level at $54.02. Should the price break the second support level, the third support level stands at $53.42.

United Parks & Resorts Inc (NYSE: PRKS) Key Stats

Market capitalization of the company is 3.08 billion based on 55,004K outstanding shares. Right now, sales total 1,727 M and income totals 234,200 K. The company made 545,900 K in profit during its latest quarter, and 119,680 K in sales during its previous quarter.