QualityDipStocks / Consumer Discretionary · Entertainment & recreation
United Parks & Resorts PRKS
Outside our quality screen, so we don’t track its dips. It’s 31% below its 52-week high.
Outside our quality screen, trading well below our fair value estimate, 9% under its Market Value.
Worth knowing
- Share count down 15% in 2 years
From the data on this page, as of the last close. How we pick these
- Fair value est.
- $55.35+66%
- Market Value
- $36.71price −9%
- Off 52-wk high
- −31%
- Risk vs market
- Above marketbeta 1.32
52-week range 19% of the way from its 52-week low to its high
Price $33.31Fair value est. $55.35Market Value $36.71
5 bullish · 5 bearish See why
Repriced or dip?
Mixed signals
The price is 31% below its 52-week high (Jul 2), but the business held up: shares outstanding fewer shares, each owns more, net cash (cash minus debt) −1.7% of market cap since the high, revenue growth rate 0.0 pts.
Some numbers held up (shares outstanding fewer shares, each owns more, net cash (cash minus debt) −1.7% of market cap since the high, revenue growth rate 0.0 pts), others slipped (free cash flow −13.7%, earnings per share −7.0%). The price is 31% below its 52-week high.
The price is 31% below its 52-week high, and the business changed too: free cash flow −13.7%, earnings per share −7.0%.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 10 numbers, high vs now
- Revenue, last 12 months$1.7B → $1.6B (−0.4%)about the same
- Revenue growth rate−3.6% → −3.5% a year (0.0 pts)held up
- Earnings per share, 12 months$3.04 → $2.83 (−7.0%)changed
- Free cash flow, 12 months$191M → $165M (−13.7%)changed
- Operating margin20.6% → 19.2% (−1.3 pts)about the same
- Shares outstanding−4.6% (fewer shares, each owns more)held up
- Net cash (cash minus debt)−1.7% of market cap since the highheld up
- Stock vs its sector (Consumer Discretionary)stock −31%, sector median +1% since Jul 2changed
- Price fall vs business numbersprice −31%, revenue/EPS/FCF median −7% (shown, not scored)
- Valuation multipleP/FCF 12.5× at the high → 9.5× now (shown, not scored)
Business numbers as reported at the high (12 months to Mar 31, 2026) vs the latest filing (12 months to Jun 30, 2026). Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
At the high ($48.44, Jul 2) the price assumed about −1%/yr free-cash-flow growth; at the low ($29.73, Mar 27) about −5%; today about −6%. The last 3 years delivered −24%/yr (free cash flow).
Dashed line: what the last 3 years delivered, −24%/yr (free cash flow)
| High | Low | Now | |
|---|---|---|---|
| Price | $48.44Jul 2 | $29.73Mar 27 | $33.31 |
| Implied growth | −1% | −5% | −6% |
| P/E | 15.9× | 9.7× | 11.8× |
| P/FCF | 12.5× | 10.1× | 9.5× |
| EV/Sales | 2.8× | 2.3× | 2.3× |
What this means: the higher the implied growth, the more the price already counts on. If today's number sits well below what the business has delivered, the market expects less than its track record.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.0% ±2 points. Bear = 10.5% and 1.0%; bull = 8.5% and 5.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is below even the bear case.
What the price implies To be worth today’s price, PRKS’s free cash flow would need to shrink about 6% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much PRKS moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings more than the market, and its own price swings are 4.0× the S&P 500’s.
- Beta vs S&P 500
- 1.32
- Volatility
- 51% vs 13% SPY
- Correlation SPY
- 0.33
- Correlation QQQ
- 0.22
How it ranks
Where PRKS stands vs every one of the 2,467 stocks we cover that has the number. Longer bar = better.
Top quarter on 3 of 6 measures
- Discount to fair value estimate66% · price below our base caseTop 17%of 1,507
- Free cash flow yield10% · free cash flow vs market capTop 12%of 1,690
- Dividends + buybacks yield24% · cash paid out or used to retire shares, vs market capTop 1%of 2,227
- Revenue growth, last 12 months−3.5% · vs the 12 months beforeLowest 8%of 2,184
- Operating margin19% · of sales kept as operating profitTop 26%of 1,549
- Return on invested capital14% · profit per dollar of capitalTop 32%of 1,001
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $55.35 · MV $36.71 · FCF value $55.52
Assumes 3.0% growth for 5 years (revenue grew -1.3% a year FY22–FY25; floored at 3%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $3.49 a share (trailing 12 months to Jun 30, 2026), from the 10-Q filed Aug 7, 2026. Net debt $2.3B, not deducted.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ValuationOur DCF fair value estimate is $55.35, 66% above the price.
ValuationFree-cash-flow yield of 10.5% (price / FCF 9.5×): $165M of free cash in the last 12 months.
Cash returnsShare count down 14.9% in a year: $371M of buybacks over 12 months.
ValuationP/E of 11.8× vs a 20.1× median for the 411 Consumer Discretionary companies we cover.
ValuationTrades 9.3% below its Market Value of $36.71, the average price paid since the Aug 4 filing.
Top bearish points 5 of 5
Balance sheetNet debt of $2.3B, 144% of the market cap (Jun 30, 2026).
Balance sheetOperating income covers interest only 2.4× over the last 12 months.
ProfitabilityOperating margin narrowed to 22.0% in FY2025 from 26.6% in FY2023 (SEC filings).
Cash returnsFree cash flow fell 34% over the last 12 months vs the 12 months before.
QualityDoesn’t pass our quality screen: sales down vs the year-ago quarter; net debt 4.7× EBITDA (limit 3×).
All fundamentals
P/E 11.8 · FCF yield 10.5% · Sales −4%
Valuation
- P/E
- 11.8×Consumer Discretionary median 20.1×
- Price / FCF
- 9.5×
- FCF yield
- 10.5%
- EV / EBITDA
- 7.7×
- Price / sales
- 0.95×
- Price / book
- n/anot reported in its SEC filings
- Market cap
- $1.6Bprice × diluted shares
- Enterprise value
- $3.8B
Growth
- Revenue, 12 months
- $1.6B
- Sales growth, 12 months
- −3.5%vs the 12 months before
- Sales growth, 3 yrs
- −1.3%/yrfrom FY2022
- Diluted EPS, 12 months
- $2.51
- EPS growth, last FY
- −19.3%
- Net income, 12 months
- $134M
- Net income growth
- −37%12 months vs before
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- 19.2%
- Net margin
- 8.1%
- FCF margin
- 10.0%
- Return on equity
- n/anegative shareholder equity
- Return on invested capital
- 14%
Balance sheet
- Cash & short-term inv.
- $19M
- Total debt
- $2.3B
- Net cash
- −$2.3B
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 2.4×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $165M
- FCF growth, 12 months
- −34%
- Dividend yield
- n/ano dividend payments tagged
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $371M23.6% of market cap
- Share count, 1 year
- −14.9%diluted shares vs a year ago
- Stock-based comp
- $19M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From United Parks & Resorts’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.1B · Sales −1%
- Free cash flow, 12 months$0.1B
- Free-cash-flow yield10.5%
- Free-cash-flow margin6%
- Gross margin46%
- Operating margin24%
- Return on invested capital18%
- Sales growth (latest quarter vs year-ago quarter)−1%
- Net debt / EBITDA4.7×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $33.31
- 52-wk lowlowest close, 1 year$29.73−10.7%
- PriceMon Nov 2 close$33.31you are here
- Market Valueavg paid since Aug 4$36.71+10.2%
- 52-wk highhighest close, 1 year$48.44+45.4%
- Fair value est.base case$55.35+66.2%
Momentum & 52-week range
RSI 52 · 5 days +8.6%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 5
- DateThu Nov 5, before the open
- Consensus EPS$1.87
- Year-ago EPS$1.61
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
PRKS is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on United Parks & Resorts in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 5:14 PM ET.
Compare with peers
Closest in size in Services-Misc. Amusement & Recreation
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.