Market Summary
USD61.31+2.22
Delayed3.76%
SEAS Alerts
SEAS Stock Price
SEAS RSI Chart
SEAS Valuation
SEAS Price/Sales (Trailing)
SEAS Profitability
SEAS Fundamentals
SEAS Revenue
SEAS Earnings
Price Action
52 Week Range
40.0176.57
(Low)(High)
Last 7 days
9.6%
Last 30 days
-5.7%
Last 90 days
14.6%
Trailing 12 Months
-17.6%
SEAS Financial Health
SEAS Investor Care
Peers (Alternatives to SeaWorld Entertainment)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 205.5B | 23.2B | 6.43% | 15.63% | 33.26 | 8.86 | -0.17% | -18.13% |
MGM | 16.8B | 13.1B | 0.09% | 5.94% | 11.43 | 1.28 | 35.61% | 17.44% |
WYNN | 12.7B | 3.8B | -0.28% | 40.34% | -29.93 | 3.38 | -0.18% | 43.92% |
| MID-CAP | ||||||||
CHDN | 9.6B | 1.8B | 4.67% | 15.90% | 21.88 | 5.31 | 13.31% | 76.40% |
MTN | 9.4B | 2.8B | -0.64% | -8.63% | 28.08 | 3.34 | 29.86% | 54.02% |
ARMK | 9.3B | 17.0B | -3.58% | -3.93% | 41.24 | 0.55 | 27.66% | 584.49% |
PENN | 4.7B | 6.4B | -3.23% | -30.08% | 21.05 | 0.73 | 8.41% | -47.22% |
SEAS | 4.1B | 1.7B | -5.73% | -17.64% | 14.14 | 2.38 | 15.13% | 13.52% |
FUN | 2.5B | 1.8B | -1.74% | -16.62% | 8.08 | 1.37 | 35.81% | 734.13% |
SIX | 2.2B | 1.4B | -0.19% | -38.60% | 20.4 | 1.64 | -9.26% | -16.16% |
| SMALL-CAP | ||||||||
PLAY | 1.8B | 1.7B | -7.84% | -25.07% | 14.36 | 1.02 | 61.79% | 371.82% |
GDEN | 1.2B | 1.1B | 5.33% | -25.07% | 14.89 | 1.09 | 2.30% | -49.10% |
DIN | 1.1B | 909.4M | -6.35% | -12.58% | 13.01 | 1.16 | 1.47% | -17.12% |
FLL | 248.7M | 176.3M | -26.00% | -24.77% | -89.66 | 1.31 | 3.79% | -127.31% |
CPHC | 120.1M | 67.7M | -5.35% | 9.61% | 9.19 | 1.78 | 28.71% | 145.82% |
Financials for SeaWorld Entertainment
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.2% | 1,731 | 1,712 | 1,668 | 1,603 | 1,504 |
| S&GA Expenses | -5.6% | 200 | 212 | 212 | 199 | 185 |
| Costs and Expenses | 0.3% | 1,224 | 1,221 | 1,196 | 1,142 | 1,072 |
| EBITDA | 2.4% | 660 | 645 | 566 | 553 | - |
| EBITDA Margin | 1.2% | 0.38* | 0.38* | 0.34* | 0.34* | - |
| Earnings Before Taxes | 2.1% | 390 | 382 | 306 | 291 | 256 |
| EBT Margin | 0.9% | 0.23* | 0.22* | 0.18* | 0.18* | - |
| Interest Expenses | 7.9% | 118 | 109 | 107 | 111 | 117 |
| Net Income | -7.2% | 291 | 314 | 281 | 292 | 257 |
| Net Income Margin | -8.2% | 0.17* | 0.18* | 0.17* | 0.18* | - |
| Free Cahsflow | 4.1% | 364 | 349 | 370 | 407 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -1.3% | 2,326 | 2,355 | 2,397 | 2,578 | 2,610 |
| Current Assets | -15.3% | 234 | 276 | 330 | 525 | 567 |
| Cash Equivalents | -24.9% | 82.00 | 110 | 161 | 380 | 444 |
| Inventory | -8.4% | 55.00 | 60.00 | 57.00 | 45.00 | 29.00 |
| Net PPE | 1.0% | 1,707 | 1,689 | 1,670 | 1,653 | 1,645 |
| Goodwill | 0% | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 |
| Liabilities | -0.4% | 2,763 | 2,776 | 2,798 | 2,730 | 2,644 |
| Current Liabilities | -4.8% | 409 | 430 | 498 | 459 | 372 |
| LT Debt, Current | 0% | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| LT Debt, Non Current | -0.1% | 2,099 | 2,101 | 2,102 | 2,103 | 2,105 |
| Shareholder's Equity | -1190.4% | -437 | -33.92 | - | - | - |
| Retained Earnings | 38.6% | 176 | 127 | -7.66 | -124 | -115 |
| Additional Paid-In Capital | 0.6% | 710 | 706 | 701 | 712 | 711 |
| Accumulated Depreciation | 1.4% | 1,869 | 1,843 | 1,809 | 1,774 | 1,740 |
| Shares Outstanding | -6.3% | 67.00 | 72.00 | 76.00 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 1.6% | 565 | 555 | 555 | 555 | 503 |
| Share Based Compensation | -40.5% | 18.00 | 31.00 | 39.00 | 42.00 | 40.00 |
| Cashflow From Investing | 2.6% | -200 | -205 | -184 | -148 | -128 |
| Cashflow From Financing | 8.0% | -726 | -789 | -826 | -458 | -364 |
| Buy Backs | -8.2% | 694 | 756 | 791 | 456 | 216 |
Risks for SEAS
What is the probability of a big loss on SEAS?
92.3%
Probability that SeaWorld Entertainment stock will be more than 20% underwater in next one year
56.1%
Probability that SeaWorld Entertainment stock will be more than 30% underwater in next one year.
36.5%
Probability that SeaWorld Entertainment stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SEAS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if SeaWorld Entertainment was unfortunately bought at previous high price.
Drawdowns
Returns for SEAS
Cumulative Returns on SEAS
17.0%
7-Year Cumulative Returns
32.8%
5-Year Cumulative Returns
77.2%
3-Year Cumulative Returns
What are the long-term rolling returns for SEAS?
FIve years rolling returns for SeaWorld Entertainment.
Annualized Returns
Which funds bought or sold SEAS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-29 | Diametric Capital, LP | reduced | -8.71 | 184,038 | 2,689,040 | 1.29% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -7.15 | 93,370 | 1,111,880 | 0.01% |
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 80.33 | 875,365 | 1,657,360 | 0.08% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.04 | 60,449 | 402,449 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -8.2 | 62,491 | 847,491 | -% |
2023-02-24 | NATIXIS | new | - | 76,359 | 76,359 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -1,000 | - | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | new | - | 4,227 | 4,227 | -% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -123,000 | - | -% |
2023-02-16 | HARBOUR INVESTMENTS, INC. | reduced | -62.5 | -2,395 | 1,605 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SEAS Alerts
SeaWorld Entertainment News
Schedule 13G FIlings of SeaWorld Entertainment
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 15, 2023 | barrow hanley mewhinney & strauss llc | 7.53% | 4,812,966 | SC 13G | |
| Feb 14, 2023 | melvin capital management lp | 0% | 0 | SC 13G/A | |
| Feb 14, 2023 | nomura holdings inc | 3.8% | 2,404,569 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 6.19% | 3,952,836 | SC 13G/A | |
| Nov 14, 2022 | hill path capital lp | 9.2% | 5,885,065 | SC 13D/A | |
| May 03, 2022 | hill path capital lp | 8.1% | 5,885,065 | SC 13D/A | |
| Mar 02, 2022 | hill path capital lp | 7.8% | 5,885,065 | SC 13D/A | |
| Feb 14, 2022 | nomura holdings inc | 6.0% | 4,627,481 | SC 13G/A | |
| Feb 14, 2022 | melvin capital management lp | 6.9% | 5,320,000 | SC 13G/A | |
| Feb 11, 2022 | barrow hanley mewhinney & strauss llc | 5.69% | 4,395,171 | SC 13G |
SEAS Fair Value
SeaWorld Entertainment fair value in different scenarios
The table shows the Fair Value estimates for SeaWorld Entertainment for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 25.75 -58.00% | 41.31 -32.62% | 58.94 -3.87% | 71.59 16.77% | 87.28 42.36% |
| Current Inflation | 13.27 -78.36% | 17.36 -71.68% | 27.23 -55.59% | 38.62 -37.01% | 45.11 -26.42% |
| Very High Inflation | 20.30 -66.89% | 31.30 -48.95% | 43.51 -29.03% | 52.38 -14.57% | 63.12 2.95% |
Historical SeaWorld Entertainment Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of SeaWorld Entertainment
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SEAS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-16 | Swanson Marc | sold | -222,920 | 55.73 | -4,000 | chief executive officer |
2023-03-16 | Surrett Byron | sold | -151,195 | 55.73 | -2,713 | see remarks |
2023-03-15 | Forrester James W Jr | sold (taxes) | -1,525 | 56.51 | -27.00 | see remarks |
2023-03-15 | Boyle Shekufeh | sold (taxes) | -1,695 | 56.51 | -30.00 | chief accounting officer |
2023-03-14 | Surrett Byron | sold (taxes) | -2,259 | 57.93 | -39.00 | see remarks |
2023-03-14 | Swanson Marc | sold (taxes) | -15,930 | 57.93 | -275 | chief executive officer |
2023-03-14 | Taylor George Anthony | sold (taxes) | -8,689 | 57.93 | -150 | see remarks |
2023-03-14 | Taylor George Anthony | sold | -1,869,190 | 58.0925 | -32,176 | see remarks |
2023-03-14 | Dold Christopher | sold (taxes) | -7,241 | 57.93 | -125 | chief zoological officer |
2023-03-14 | Forrester James W Jr | sold (taxes) | -1,158 | 57.93 | -20.00 | see remarks |
SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. It also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Chula Vista, California; Tampa, Florida; and Williamsburg, Virginia. In addition, the company operates a reservations-only theme park in Orlando, Florida and a park in Langhorne, Pennsylvania. It operates a portfolio of twelve theme parks under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brands. The company was formerly known as SW Holdco, Inc. and changed its name to SeaWorld Entertainment, Inc. in December 2012. SeaWorld Entertainment, Inc. was founded in 1959 and is headquartered in Orlando, Florida.
SEAS Income Statement
2022-12-31Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Net revenues: | |||
| Total revenues | $ 1,731,237 | $ 1,503,730 | $ 431,779 |
| Costs and expenses: | |||
| Cost of food, merchandise and other revenues | 135,217 | 114,287 | 36,712 |
| Operating expenses (exclusive of depreciation and amortization shown separately below) | 735,687 | 622,419 | 388,473 |
| Selling, general and administrative expenses | 200,074 | 184,871 | 94,885 |
| Severance and other separation costs | 108 | 1,531 | 2,826 |
| Depreciation and amortization | 152,620 | 148,660 | 150,546 |
| Total costs and expenses | 1,223,706 | 1,071,768 | 673,442 |
| Operating income (loss) | 507,531 | 431,962 | (241,663) |
| Other (income) expense, net | (43) | 144 | 276 |
| Interest expense | 117,501 | 116,642 | 100,907 |
| Loss on early extinguishment of debt and write-off of discounts and debt issuance costs | 58,827 | ||
| Income (loss) before income taxes | 390,073 | 256,349 | (342,846) |
| Provision for (benefit from) income taxes | 98,883 | (164) | (30,525) |
| Net income (loss) | 291,190 | 256,513 | (312,321) |
| Other comprehensive income (loss): | |||
| Unrealized gain on derivatives, net of tax | 1,559 | ||
| Comprehensive income (loss) | $ 291,190 | $ 256,513 | $ (310,762) |
| Earnings (loss) per share: | |||
| Earnings (loss) per share, basic | $ 4.18 | $ 3.28 | $ (3.99) |
| Earnings (loss) per share, diluted | $ 4.14 | $ 3.22 | $ (3.99) |
| Weighted average common shares outstanding: | |||
| Basic | 69,607 | 78,302 | 78,194 |
| Diluted | 70,280 | 79,575 | 78,194 |
| Admissions [Member] | |||
| Net revenues: | |||
| Total revenues | $ 965,232 | $ 851,891 | $ 255,376 |
| Food, Merchandise and Other [Member] | |||
| Net revenues: | |||
| Total revenues | $ 766,005 | $ 651,839 | $ 176,403 |
SEAS Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 79,196 | $ 443,707 |
| Accounts receivable, net | 71,050 | 76,948 |
| Inventories | 55,190 | 29,478 |
| Prepaid expenses and other current assets | 28,260 | 17,263 |
| Total current assets | 233,696 | 567,396 |
| Property and equipment, at cost | 3,576,092 | 3,385,308 |
| Accumulated depreciation | (1,869,413) | (1,740,144) |
| Property and equipment, net | 1,706,679 | 1,645,164 |
| Goodwill | 66,278 | 66,278 |
| Trade names/trademarks, net | 157,000 | 157,000 |
| Right of use assets-operating leases | 130,479 | 132,217 |
| Deferred tax assets, net | 12,332 | 23,995 |
| Other assets, net | 19,323 | 18,266 |
| Total assets | 2,325,787 | 2,610,316 |
| Current liabilities: | ||
| Accounts payable and accrued expenses | 159,947 | 134,311 |
| Current maturities of long-term debt | 12,000 | 12,000 |
| Operating lease liabilities | 3,387 | 2,895 |
| Accrued salaries, wages and benefits | 17,423 | 22,156 |
| Deferred revenue | 169,535 | 154,793 |
| Other accrued liabilities | 46,914 | 45,811 |
| Total current liabilities | 409,206 | 371,966 |
| Long-term debt, net | 2,099,059 | 2,104,835 |
| Long-term operating lease liabilities | 115,396 | 117,046 |
| Deferred tax liabilities, net | 96,627 | 12,803 |
| Other liabilities | 43,163 | 37,582 |
| Total liabilities | 2,763,451 | 2,644,232 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ Deficit: | ||
| Preferred stock, $0.01 par value-authorized, 100,000,000 shares, no shares issued or outstanding at December 31, 2022 and 2021 | ||
| Common stock, $0.01 par value-authorized, 1,000,000,000 shares; 96,287,771 and 95,541,992 shares issued at December 31, 2022 and 2021, respectively | 963 | 955 |
| Additional paid-in capital | 710,151 | 711,474 |
| Retained earnings (accumulated deficit) | 175,903 | (115,287) |
| Treasury stock, at cost (32,376,539 and 19,953,042 shares at December 31, 2022 and 2021, respectively) | (1,324,681) | (631,058) |
| Total stockholders’ deficit | (437,664) | (33,916) |
| Total liabilities and stockholders’ deficit | $ 2,325,787 | $ 2,610,316 |