12:30 PM EST, 11/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target by $12 to $41, based on a 7x 2026 EV/EBITDA multiple (unchanged), in line with the three-year average forward multiple. We lower our 2025 EPS estimate to $3.45 from $4.38 and 2026's to $3.46 from $4.58, reflecting lower revenue growth and higher operating costs. PRKS's Q3 results were weighed down by adverse weather during peak operating hours (Labor Day, 4th of July), which limited attendance. Further, increasing competition in Orlando markets partly explains promotional pricing trends (admission per capita was -6.3% Y/Y in Q3), which limit our sales expectations in the near term. Our opinion is kept at Hold, acknowledging that PRKS's long-term strategy is to capture demand from a growing Orlando market. (The company noted that all Orlando-area parks achieved attendance growth despite these headwinds). While we are encouraged by secular trends in this area, we think this is balanced by near-term risks to admission and in-park revenue growth.