United Parks & Resorts Set to Take Foot Locker's Place in S&P 600 Starting September 8th
Written by Emily J. Thompson, Senior Investment Analyst
Acquisition Announcement: Dick's Sporting Goods is set to acquire Foot Locker in a deal that is nearing completion, subject to final closing conditions.
Market Impact: This acquisition could significantly impact the retail sports industry landscape, consolidating two major players in the market.
Analyst Views on PRKS
Wall Street analysts forecast PRKS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRKS is 47.70 USD with a low forecast of 28.00 USD and a high forecast of 63.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 38.090
Low
28.00
Averages
47.70
High
63.00
Current: 38.090
Low
28.00
Averages
47.70
High
63.00
About PRKS
United Parks & Resorts Inc. is a theme park and entertainment company. The Company owns or licenses a portfolio of recognized brands, including SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island and Sesame Place. It has developed a portfolio of approximately 13 differentiated theme parks that are grouped in markets across the United States and Abu Dhabi. Many of its theme parks showcase the Company’s zoological collection and feature a diverse array of both thrill and family-friendly rides, educational presentations, shows and/or other attractions with demographic appeal. SeaWorld owns and operates sea theme parks, including SeaWorld San Diego, SeaWorld Orlando, SeaWorld Abu Dhabi and SeaWorld San Antonio. It owns and operates Busch Gardens theme parks, including Busch Gardens Tampa Bay and Busch Gardens Williamsburg. SeaWorld Theme Parks owns and operates the separately gated Aquatica-branded theme parks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
