Ready to Jump After Recent Trade: United Parks & Resorts Inc (PRKS)

With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.93 million shares. The 52-week range on PRKS shows that it touched its highest point at $60.83 and its lowest point at $37.68 during that stretch. It currently has a 1-year price target of $57.42. Beta for the stock currently stands at 1.47.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRKS was up-trending over the past week, with a rise of 4.38%, but this was up by 13.05% over a month. Three-month performance dropped to -13.20% while six-month performance fell -13.33%. The stock lost -9.75% in the past year, while it has lost -18.92% so far this year. A look at the trailing 12-month EPS for PRKS yields 3.87 with Next year EPS estimates of 4.84. For the next quarter, that number is -0.23. This implies an EPS growth rate of 18.55% for this year and 7.78% for next year. EPS is expected to grow by 12.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.98%.

Float and Shares Shorts:

At present, 55.03 million PRKS shares are outstanding with a float of 53.92 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRKS since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.09599 being high and $3.93092 being low. For PRKS, this leads to a yearly average estimate of $4.03409.