Added to YB: 2026-07-24
Pitch date: 2026-07-22
PRKS [neutral]
United Parks & Resorts Inc.
+0.14%
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
$2.2B
Pitch Price
$44.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.17
P/E
16.38
EV/Sales
2.73
Sector
Hotels, Restaurants and Leisure
Category
special_situation
$PRKS: an 8% cash yield, a 58% owner buying the float, and a maybe-squeeze
PRKS (overview): Theme-park owner (SeaWorld, Busch Gardens) at ~8x EV/EBITDA, ~9.3% AFFO yield. Hill Path owns ~58% (67% w/swaps), buying float via $500M repurchase (70% cap). ~6.1M shares short (~45% float, ~100% ex-index) = squeeze option. Q2 print Aug 4 catalyst. Risks: weak attendance, weather excuses, Epic Universe supply, illiquid stub if Hill Path hits 70%.
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