$1.72M in average volume shows that Six Flags Entertainment Corp. (FUN) is heading in the right direction

Six Flags Entertainment Corp. (NYSE: FUN) kicked off on Friday, down -2.01% from the previous trading day, before settling in for the closing price of $40.34. Over the past 52 weeks, FUN has traded in a range of $34.04-$58.70.

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Consumer Cyclical Sector giant saw their annual sales surged by 118.71% over the last five years. While this was happening, its average annual earnings per share was recorded 3.98%. With a float of $95.58 million, this company’s outstanding shares have now reached $100.28 million.

The firm has a total of 53050 workers. Let’s measure their productivity. In terms of profitability, gross margin is 58.75%, operating margin of 19.49%, and the pretax margin is 9.22%.

Six Flags Entertainment Corp. (FUN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Leisure Industry. The insider ownership of Six Flags Entertainment Corp. is 4.68%, while institutional ownership is 32.99%.

Six Flags Entertainment Corp. (FUN) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 4.19 earnings per share (EPS), higher than consensus estimate (set at 3.74) by 0.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.87% during the next five years compared to 1.66% growth over the previous five years of trading.

Six Flags Entertainment Corp. (NYSE: FUN) Trading Performance Indicators

Take a look at Six Flags Entertainment Corp.’s (FUN) current performance indicators. Last quarter, stock had a quick ratio of 0.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10. Likewise, its price to free cash flow for the trailing twelve months is 24.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.46, a number that is poised to hit 3.04 in the next quarter and is forecasted to reach 3.61 in one year’s time.

Technical Analysis of Six Flags Entertainment Corp. (FUN)

Analysing the last 5-days average volume posted by the [Six Flags Entertainment Corp., FUN], we can find that recorded value of 1.24 million was better than the volume posted last year of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 87.16%. Additionally, its Average True Range was 1.41.

During the past 100 days, Six Flags Entertainment Corp.’s (FUN) raw stochastic average was set at 15.81%, which indicates a significant decrease from 76.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.67% in the past 14 days, which was higher than the 40.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.27, while its 200-day Moving Average is $42.92. Now, the first resistance to watch is $40.28. This is followed by the second major resistance level at $41.02. The third major resistance level sits at $41.41. If the price goes on to break the first support level at $39.15, it is likely to go to the next support level at $38.76. Should the price break the second support level, the third support level stands at $38.02.

Six Flags Entertainment Corp. (NYSE: FUN) Key Stats

The company with the Market Capitalisation of 3.96 billion has total of 51,252K Shares Outstanding. Its annual sales at the moment are 1,799 M in contrast with the sum of 124,560 K annual income. Company’s last quarter sales were recorded 571,620 K and last quarter income was 55,550 K.