12 Best Leisure Stocks to Buy Right Now

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7. United Parks & Resorts Inc. (NYSE:PRKS)

Number of Hedge Fund Holders: 37

United Parks & Resorts Inc. (NYSE:PRKS) is a theme park and entertainment company that owns or licenses a range of recognized brands. These include SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place. The company’s portfolio comprises around 13 differentiated theme parks located across Abu Dhabi and the United States.

United Parks & Resorts Inc. (NYSE:PRKS) had around 167,000 guests in fiscal Q4 2024 and 432,000 guests for the fiscal year 2024. It repurchased 9.4 million shares, or approximately 15% of its total shares outstanding in the year, reflecting its history of returning excess cash to shareholders and its strong cash flow generation.

The company has a strong balance sheet. As of December 31, 2024, its net total leverage ratio is 2.94x, and it has approximately $798.4 million of total available liquidity, including approximately $115.9 million of cash on the balance sheet. This gives United Parks & Resorts Inc. (NYSE:PRKS) the flexibility to continue investing in and growing its business. The company ranks seventh on our list of the 12 best leisure stocks to buy right now.

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