Six Flags Entertainment Corp. (FUN) Stock Could Soon Reward Patient Investors

Six Flags Entertainment Corp. (NYSE: FUN) is 2.71% higher on its value in year-to-date trading and has touched a low of $34.04 and a high of $58.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FUN stock was last observed hovering at around $40.23 in the last trading session, with the day’s gains setting it 0.65%.

Currently trading at $40.88, the stock is -5.29% and -12.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 1.62% at the moment leaves the stock -4.57% off its SMA200. FUN registered 3.62% gain for a year compared to 6-month loss of -4.69%.

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The stock witnessed a -4.40% gain in the last 1 month and extending the period to 3 months gives it a -13.02%, and is -1.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.93% over the week and 3.60% over the month.

Six Flags Entertainment Corp. (FUN) has around 53050 employees, a market worth around $4.10B and $1.89B in sales. Current P/E ratio is 16.59 and Fwd P/E is 10.83. Profit margin for the company is 6.77%. Distance from 52-week low is 20.09% and -30.36% from its 52-week high. The company has generated returns on investments over the last 12 months (7.38%).

The EPS is expected to grow by 9.17% this year.

Six Flags Entertainment Corp. (FUN) Top Institutional Holders

194.0 institutions hold shares in Six Flags Entertainment Corp. (FUN), with institutional investors hold 59.52% of the company’s shares. The shares outstanding are 100.28M, and float is at 95.58M with Short Float at 10.28%. Institutions hold 58.95% of the Float.

The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 4.28 million shares valued at $232.76 million. The investor’s holdings represent 8.4526% of the FUN Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 4.15 million shares valued at $225.51 million to account for 8.1893 of the shares outstanding. The other top investors are ING GROEP NV which holds 3.8 million shares representing 7.4974% and valued at over $206.46 million, while UBS GROUP AG holds 6.4513 of the shares totaling 3.27 million with a market value of $177.65 million.