Six Flags Entertainment Corp (NYSE: FUN) is 14.67% higher on its value in year-to-date trading and has touched a low of $35.93 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 $42.55 in the last trading session, with the day’s gains setting it 3.09%.
Currently trading at $45.64, the stock is 13.03% and 12.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.66 million and changing 7.26% at the moment leaves the stock 5.93% off its SMA200. FUN registered 19.32% gain for a year compared to 6-month loss of 11.75%. The firm has a 50-day simple moving average (SMA 50) of $40.5366 and a 200-day simple moving average (SMA200) of $43.0512.
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The stock witnessed a 23.09% gain in the last 1 month and extending the period to 3 months gives it a 2.31%, and is 11.34% up 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 5.02% over the week and 3.64% over the month.
Six Flags Entertainment Corp (FUN) has around 53050 employees, a market worth around $4.58B and $2.39B in sales. Current P/E ratio is 18.52 and Fwd P/E is 13.71. Profit margin for the company is 0.97%. Distance from 52-week low is 27.02% and -22.25% from its 52-week high. The company has generated returns on investments over the last 12 months (0.32%).
The EPS is expected to shrink by -16.50% this year
256.0 institutions hold shares in Six Flags Entertainment Corp (FUN), with institutional investors hold 64.96% of the company’s shares. The shares outstanding are 100.28M, and float is at 95.58M with Short Float at 10.63%. Institutions hold 64.34% 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.
