Added to YB: 2026-03-04
Pitch date: 2026-03-02
PRKS [neutral]
United Parks & Resorts Inc.
+2.33%
current return
Author Info
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Company Info
United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States.
Market Cap
$1.9B
Pitch Price
$33.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.54
P/E
11.37
EV/Sales
2.45
Sector
Hotels, Restaurants and Leisure
Category
value
United Parks Earnings: Declining Numbers & $247M in Buybacks
PRKS (earnings): FY25 rev -3.6% to $1.66B, attendance -1.8% to 21.17M, net income -26% to $168.4M, adj EBITDA -13.6% to $605.1M. CEO admitted costs out of control despite targeting $50-75M savings. Spent $247M on buybacks (12% of shares) over 14mo while slashing expansion CapEx 50%. Pushing $10B replacement value vs $4B EV, evaluating sale-leasebacks & development deals. Hill Path PE controls >50% board. Minimal animal investments despite claiming differentiation vs Six Flags.
Read full article (5 min)