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$PRKS

7 stories mentioning PRKS

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Wire

United Parks & Resorts Needs to Improve June Traffic Numbers to Show Growth for Q2, UBS Says

United Parks & Resorts' (PRKS) traffic figures has shown improvement in May, but June numbers need to improve substantially for the company to show growth for the quarter, UBS said in a Friday note.UBS data shows that the company is seeing slightly improving trends for May month over month, aided by strong traffic over the Memorial Day weekend in Florida. However, wait times, which the brokerage uses at target locations to create a proxy for foot traffic, show that Q2 remains below Q1's rate of growth.April attendance is down year over year, with around 2.5 percentage points of the decline due to visits related to Easter being recorded for Q1, as the holiday dell in a different period last year, according to the note.Potential sources of upside include, paid pass sales being up in Q1, advanced booking revenue for Discovery Cove and group business being above prior-year levels, strong in-park spending for the quarter, and sponsorship revenue in single-digit millions, the note said.UBS maintained the company's stock rating at neutral and adjusted the price target to $45 from $37.Price: $45.57, Change: $+0.42, Percent Change: +0.93%

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Wire

UBS Adjusts Price Target on United Parks & Resorts to $45 From $37, Maintains Neutral Rating

United Parks & Resorts (PRKS) has an average rating of overweight and mean price target of $44.55, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $46.17, Change: $+1.01, Percent Change: +2.24%

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Research

Stifel Downgrades United Parks & Resorts to Hold From Buy, Adjusts Price Target to $40 From $43

United Parks & Resorts (PRKS) has an average rating of overweight and mean price target of $43.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Monday

Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.6%.Dream Finders Homes (DFH) has submitted an all-cash proposal to acquire Beazer Homes USA (BZH) for $25.75 per share. Shares of Beazer Homes USA were up more than 34% premarket.Dole (DOLE) stock was 0.8% lower after the company reported a decline in Q1 adjusted earnings.United Parks & Resorts (PRKS) shares were down 0.1% after the company reported a wider Q1 loss, while revenue declined during the period.

$BZH$DFH$DOLE$PRKS$XLP$XLY
Commodities

Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Monday as Trump Rejects Reported Iran Proposal

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.03% higher in Monday's premarket activity as US President Donald Trump rejected Iran's reported resolution offer.US stock futures were mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.03% before the start of regular trading.The existing home sales data for April will be released at 10 am ET.In premarket activity, bitcoin was down by 0.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.1% higher, Ether ETF (EETH) advanced 0.9%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 2.8%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced by 0.4%, and the iShares US Technology ETF (IYW) was 0.5% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 0.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased by 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 0.9%.Monday.com (MNDY) shares were up more than 24% in premarket activity after the company reported higher Q1 adjusted earnings and revenue.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) retreated by 0.2%, while the iShares US Healthcare ETF (IYH) slipped 0.7%. The iShares Biotechnology ETF (IBB) was flat.Moderna (MRNA) stock rose over 9% premarket after Bloomberg reported the company has been working on early-stage vaccines targeting hantaviruses.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.01%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.01%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.2% lower.ORIX (IX) shares were up more than 8% pre-bell after the company reported higher fiscal 2026 earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.04%. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.3%. The VanEck Retail ETF (RTH) was down 0.4%, while the State Street SPDR S&P Retail ETF (XRT) retreated by 0.3%.United Parks & Resorts (PRKS) shares were down more than 3% pre-bell after the company reported a wider Q1 loss and lower revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.2%, while the Vanguard Industrials Index Fund (VIS) was down 0.1%, and the iShares US Industrials ETF (IYJ) was inactive.Grupo Aeroportuario del Pacifico (PAC) stock was down more than 1% before the opening bell. The company said it had started the process for the potential establishment of a trust for the issuance of energy and infrastructure investment trust certificates, with a view to subscribing to a minority equity stake in the 12 Mexican airport concessionaires that Grupo Aeroportuario operates.EnergyThe iShares US Energy ETF (IYE) rose 1.8%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.3%.Cameco (CCJ) stock was down more than 1% before Monday's opening bell after the company said that flooding in northern Saskatchewan collapsed the Smoothstone River Bridge, disrupting a key supply route to its McArthur River mine and Key Lake mill.CommoditiesFront-month US West Texas Intermediate crude oil rose 2.6% to $97.91 per barrel on the New York Mercantile Exchange. Natural gas was up 2.5% at $2.83 per 1 million British Thermal Units. The United States Oil Fund (USO) advanced 3.9%, while the United States Natural Gas Fund (UNG) was 3.3% higher.Gold futures for May fell by 1% to $4,683.40 an ounce on the Comex. Silver futures advanced by 1.2% to $81.81 an ounce. SPDR Gold Shares (GLD) was 1.1% lower, and the iShares Silver Trust (SLV) rose by 0.6%.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CCJ$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IX$IYE$IYH$IYJ$IYK$IYW$MNDY$MRNA$PAC$PMR$PRKS$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Research

Mizuho Upgrades United Parks & Resorts to Outperform From Underperform

United Parks & Resorts (PRKS) has an average rating of overweight and mean price target of $44.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PRKS
Research

Research Alert: CFRA Drops Stars Coverage Of United Parks And Resorts Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of PRKS, an amusement park operator, due to a shift in investor focus. Our previous recommendation on shares of PRKS was Hold.

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