Six Flags Entertainment Corp. [NYSE: FUN] loss -3.54% or -1.96 points to close at $53.46 with a heavy trading volume of 3107561 shares.
The daily chart for FUN points out that the company has recorded 38.43% gains over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 743.51K shares, FUN reached to a volume of 3107561 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Six Flags Entertainment Corp. [FUN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FUN shares is $62.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FUN stock is a recommendation set at 1.22. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Six Flags Entertainment Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 09, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Buy. The new note on the price target was released on March 26, 2024, representing the official price target for Six Flags Entertainment Corp. stock. Previously, the target price had yet another raise to $49, while Oppenheimer analysts kept a Outperform rating on FUN stock. On November 03, 2023, analysts increased their price target for FUN shares from 40 to 46.
The Average True Range (ATR) for Six Flags Entertainment Corp. is set at 2.39, with the Price to Sales ratio for FUN stock in the period of the last 12 months amounting to 2.95. Price to Free Cash Flow for FUN in the course of the last twelve months was 55.38 with Quick ratio for the last quarter at 0.32.
Trading performance analysis for FUN stock
Six Flags Entertainment Corp. [FUN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.61. With this latest performance, FUN shares gained by 22.17% in over the last four-week period, additionally plugging by 38.43% over the last 6 months – not to mention a rise of 37.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FUN stock in for the last two-week period is set at 58.54, with the RSI for the last a single of trading hit 53.88, and the three-weeks RSI is set at 60.51 for Six Flags Entertainment Corp. [FUN]. The present Moving Average for the last 50 days of trading for this stock 46.15, while it was recorded at 55.97 for the last single week of trading, and 40.93 for the last 200 days.
Six Flags Entertainment Corp. [FUN]: A deeper dive into fundamental analysis
Six Flags Entertainment Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.45.
Six Flags Entertainment Corp. [FUN]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FUN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Six Flags Entertainment Corp. go to -2.12%.
An analysis of Institutional ownership at Six Flags Entertainment Corp. [FUN]
The top three institutional holders of FUN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in FUN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in FUN stock with ownership which is approximately 5.1238%.
