Six Flags Entertainment Corp. (NYSE: FUN) on Monday, soared 3.90% from the previous trading day, before settling in for the closing price of $40.53. Within the past 52 weeks, FUN’s price has moved between $34.04 and $58.70.
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A company in the Consumer Cyclical sector has jumped its sales by 118.71% annually for the last half of the decade. The company achieved an average annual earnings per share of 1.87%. With a float of $95.58 million, this company’s outstanding shares have now reached $100.28 million.
In an organization with 53050 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Leisure industry stocks is more important than anything else. The insider ownership of Six Flags Entertainment Corp. is 4.68%, while institutional ownership is 33.69%.
Six Flags Entertainment Corp. (FUN) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 4.19 earnings per share (EPS) for the period topping the consensus outlook (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 1.87% 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
Six Flags Entertainment Corp. (FUN) is currently performing well based on its current performance indicators. A quick ratio of 0.39 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 25.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.46, a number that is poised to hit 2.99 in the next quarter and is forecasted to reach 3.50 in one year’s time.
Technical Analysis of Six Flags Entertainment Corp. (FUN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.94 million. That was better than the volume of 0.93 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.00%. Additionally, its Average True Range was 1.30.
During the past 100 days, Six Flags Entertainment Corp.’s (FUN) raw stochastic average was set at 27.14%, which indicates a significant decrease from 99.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.52% in the past 14 days, which was lower than the 40.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.92, while its 200-day Moving Average is $42.99. However, in the short run, Six Flags Entertainment Corp.’s stock first resistance to watch stands at $42.54. Second resistance stands at $42.96. The third major resistance level sits at $43.76. If the price goes on to break the first support level at $41.31, it is likely to go to the next support level at $40.51. The third support level lies at $40.09 if the price breaches the second support level.
Six Flags Entertainment Corp. (NYSE: FUN) Key Stats
Market capitalization of the company is 4.22 billion based on 51,252K outstanding shares. Right now, sales total 1,799 M and income totals 124,560 K. The company made 571,620 K in profit during its latest quarter, and 55,550 K in sales during its previous quarter.
