Six Flags Entertainment Corp. (NYSE: FUN) is -3.52% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FUN stock was last observed hovering at around $38.55 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $38.40, the stock is -6.34% and -11.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing -0.39% at the moment leaves the stock -10.59% off its SMA200. FUN registered 3.90% gain for a year compared to 6-month gain of -5.77%. The firm has a 50-day simple moving average (SMA 50) of $43.077 and a 200-day simple moving average (SMA200) of $42.94645.
The stock witnessed a -12.55% loss in the last 1 month and extending the period to 3 months gives it a -32.33%, and is -4.00% 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 3.22% over the week and 3.37% over the month.
Six Flags Entertainment Corp. (FUN) has around 53050 employees, a market worth around $3.85B and $1.89B in sales. Current P/E ratio is 15.58 and Fwd P/E is 10.39. Profit margin for the company is 6.77%. Distance from 52-week low is 12.81% and -34.58% 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 6.14% this year
196.0 institutions hold shares in Six Flags Entertainment Corp. (FUN), with institutional investors hold 59.59% of the company’s shares. The shares outstanding are 100.28M, and float is at 95.58M with Short Float at 9.45%. Institutions hold 59.01% 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.
