Does SeaWorld Stock Deserve to Be Trading at All-Time Highs?

Does SeaWorld Stock Deserve to Be Trading at All-Time Highs?

One of the more surprising names hitting all-time highs on Thursday when most stocks were retreating was SeaWorld Entertainment (NYSE: SEAS). The operator of namesake theme parks as well as Busch Gardens, Sesame Place, and a handful of water parks moved higher after serving up better-than-expected financial results. Topping expectations is always a good look, but is SeaWorld really more valuable now than it's been at any point in time since going public nearly eight years ago?