Six Flags Entertainment Corp (NYSE:FUN) shares, rose in value on Friday, February 14, with price up by 0.89% to the previous day’s close as strong demand from buyers drove the stock to $43.28.
Actively observing the price movement in the last trading, the stock closed the session at $42.90, falling within a range of $42.51 and $43.53. The value of beta (5-year monthly) was 1.567. Referring to stock’s 52-week performance, its high was $58.70, and the low was $35.93. On the whole, FUN has fluctuated by -3.20% over the past month.
With the market capitalization of Six Flags Entertainment Corp currently standing at about $4.34 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.60, with its dividend yield at 1.39%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.29B, with a low estimate of 661.8M and a high estimate of 755.02M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 702.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FUN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of FUN currently trading nearly -2.38% and -6.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.39, while the 7-day volatility ratio is showing 2.71% which for the 30-day chart, stands at 2.95%. Furthermore, Six Flags Entertainment Corp (FUN)’s beta value is 1.56, and its average true range (ATR) is 1.36.
A comparison of Six Flags Entertainment Corp (FUN) with its peers suggests the former has fared considerably weaker in the market. FUN showed an intraday change of 0.89% in last session, and over the past year, it grew by 3.34%%.
Data on historical trading for Six Flags Entertainment Corp (NYSE:FUN) indicates that the trading volumes over the past 10 days have averaged 0.96 and over the past 3 months, they’ve averaged 1.15 million. According to company’s latest data on outstanding shares, there are 100.28 million shares outstanding.
Nearly 2.41% of Six Flags Entertainment Corp’s shares belong to company insiders and institutional investors own 88.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.36 million shares as on 2025-01-31, resulting in a short ratio of 5.68. According to the data, the short interest in Six Flags Entertainment Corp (FUN) stood at 758.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 7.24 million. The stock has fallen by -10.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FUN stock heading into the next quarter.
