The price of PRKS is predicted to go up -7.38%, based on the high correlation periods with CMCSA. The similarity of these two price pattern on the periods is 90.66%.
PRKS
CMCSA
Down: -7.38%Similarity: 90.66%
PRKS Revenue Forecast
PRKS EPS Forecast
PRKS FAQs
What is bull’s view on PRKS?
PRKS stock is currently trading at $56.85, with a bullish outlook supported by strong fundamentals and valuation upgrades. Analysts like Guggenheim and Truist Securities maintain "Strong Buy" ratings, with price targets of $70 and $64, respectively, indicating potential upside of 23% and 12.7%. The company's recent initiatives, such as the Wild Oasis launch, are expected to drive attendance and revenue growth in 2025, further solidifying its position in the market.
What is bear's view on PRKS?
PRKS stock faces bearish sentiment due to a reduced Q4 revenue outlook of $381M and EBITDA of $142M, alongside a lowered price target from Guggenheim to $70. Despite a "Strong Buy" rating from some analysts, the stock's valuation at $64 reflects limited upside potential. Additionally, competition and seasonal challenges in the theme park industry may weigh on near-term performance.
What is PRKS revenue forecast for next quarter?
The market consensus for PRKS's revenue in the upcoming quarter is projected to be approximately $299.301M USD.
Guggenheim lowered the firm's price target on United Parks & Resorts to $70 from $72 and keeps a Buy rating on the shares after having updated the firm's model and outlook to reflect Q3 results. The firm has lowered its Q4 revenue and EBITDA outlook to $381M and $142M, respectively, the analyst noted.