Truist Slashes PT on United Parks & Resorts (PRKS) to $47 From $61, Keeps a Buy Rating

1 week ago 8

United Parks & Resorts Inc. (NYSE:PRKS) is 1 of the best inexpensive tiny headdress stocks to put successful now. Truist slashed the terms people connected United Parks & Resorts Inc. (NYSE:PRKS) to $47 from $61 connected December 4, but maintained a Buy standing connected the shares. The standing update came arsenic portion of a broader probe enactment connected Lodging names, with the steadfast telling investors that it is updating its terms targets and models successful the manufacture to instrumentality into relationship the Q3 results.

10 Best Leisure Stocks To Buy Now

10 Best Leisure Stocks To Buy Now

United Parks & Resorts Inc. (NYSE:PRKS) released its fiscal Q3 2025 results connected November 6, reporting that attendance was 6.8 cardinal guests, a driblet of astir 240 1000 guests oregon 3.4% compared to the anterior twelvemonth period. Total gross for the 4th besides dropped $34.1 cardinal oregon 6.2% to $511.9 million.

Attendance for the archetypal 9 months of 2025 was 16.4 cardinal guests, besides reflecting a alteration of astir 252 1000 guests oregon 1.5% compared to the archetypal 9 months of 2024. Total gross dropped $51.9 cardinal oregon 3.9% to $1.289 cardinal compared to the anterior twelvemonth period.

Management reported that results successful the 4th were negatively affected by mediocre upwind during the highest vacation season, an unfavorable calendar shift, less-than-optimal execution, and a driblet successful planetary visitation. It added that portion the user situation successful the US appears inconsistent, arsenic reflected successful respective different leisure and hospitality businesses arsenic well, the institution is expecting to bash better.

United Parks & Resorts Inc. (NYSE:PRKS) owns and operates taxable parks. The company’s portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue.

While we admit the imaginable of PRKS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.

Read Entire Article