United Parks & Resorts attracts a bull rating from Texas Capital

[SeaWorld San Diego]
hapabapa

Texas Capital Securities initiated coverage on United Parks & Resorts (NYSE:PRKS [https://seekingalpha.com/symbol/PRKS]) with a Buy rating.

Analyst Eric Wold said the firm sees an attractive opportunity for significant operating leverage and profitability for the theme park operator due to the trend of meaningful improvements in guest monetization recently and with park attendance returning to or exceeding prepandemic levels.

"While weather will always be a factor for an outdoor entertainment company, we expect the new park development in Orlando to not only provide an incremental demand tailwind for SeaWorld Orlando in the region but also help the company to regain the lost international visitation from recent years," updated Wold,

Wold also pointed to the potential for incremental undeveloped real estate monetization opportunities for United Parks & Resorts (NYSE:PRKS [https://seekingalpha.com/symbol/PRKS]) and continued share repurchases.

Texas Capital assigned a price target of $63 to United Parks & Resorts (PRKS [https://seekingalpha.com/symbol/PRKS]).

Shares of PRKS are down 3.8% on a year-to-date basis after a rough start to the year. Short interest on PRKS stands at 10.1% of the total float.

MORE ON UNITED PARKS & RESORTS

* United Parks & Resorts: Orlando Performance Was Encouraging, But It Is Not Enough [https://seekingalpha.com/article/4813042-united-parks-and-resorts-orlando-performance-was-encouraging-but-it-is-not-enough]
* United Parks & Resorts Inc. (PRKS) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4811251-united-parks-and-resorts-inc-prks-q2-2025-earnings-call-transcript]
* United Parks and Resorts approves $500M share repurchase [https://seekingalpha.com/news/4492744-united-parks-and-resorts-approves-500m-share-repurchase]
* United Parks & Resorts will join S&P SmallCap 600, while TechnipFMC will join S&P MidCap 400 [https://seekingalpha.com/news/4491525-united-parks-resorts-will-join-sp-smallcap-600-while-technipfmc-will-join-sp-midcap-400]
* Seeking Alpha’s Quant Rating on SeaWorld Entertainment [https://seekingalpha.com/symbol/PRKS/ratings/quant-ratings]