For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $45.37 in the prior trading day, Six Flags Entertainment Corp (NYSE: FUN) closed at $45.49, up 0.26%. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.97 million shares were traded. FUN stock price reached its highest trading level at $45.55 during the session, while it also had its lowest trading level at $44.76.
Ratios:
Our goal is to gain a better understanding of FUN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 2.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on December 09, 2024, initiated with a Buy rating and assigned the stock a target price of $59.
On October 29, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $52.
Oppenheimer reiterated its Outperform rating for the stock on October 15, 2024, while the target price for the stock was revised from $67 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 ’24 when White Robert Anderson sold 11,113 shares for $46.16 per share. The transaction valued at 512,976 led to the insider holds 43,948 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUN now has a Market Capitalization of 4554868224 and an Enterprise Value of 10038673408. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 4.195 whereas that against EBITDA is 14.311.
Stock Price History:
The Beta on a monthly basis for FUN is 1.57, which has changed by 0.15574181 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, FUN has reached a high of $58.70, while it has fallen to a 52-week low of $35.93. The 50-Day Moving Average of the stock is -2.64%, while the 200-Day Moving Average is calculated to be 2.41%.
Shares Statistics:
The stock has traded on average 1.31M shares per day over the past 3-months and 1237090 shares per day over the last 10 days, according to various share statistics. A total of 100.28M shares are outstanding, with a floating share count of 98.05M. Insiders hold about 2.22% of the company’s shares, while institutions hold 93.00% stake in the company. Shares short for FUN as of 1735603200 were 7239398 with a Short Ratio of 5.52, compared to 1732838400 on 7164406. Therefore, it implies a Short% of Shares Outstanding of 7239398 and a Short% of Float of 8.62.
Dividends & Splits
In the trailing 12 months, FUN’s forward annual dividend rate was 0.3, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.0066122995The stock’s 5-year Average Dividend Yield is 6.52. The current Payout Ratio is 49.62% for FUN, which recently paid a dividend on 2024-06-05 with an ex-dividend date of 1717545600. Stock splits for the company last occurred on 1997-11-18 when the company split stock in a 2:1 ratio.
