Analyzing Stock On Your Own: Six Flags Entertainment Corp. (NYSE: FUN)

Six Flags Entertainment Corp. (NYSE:FUN) does about 675.13K shares in volume on a normal day but saw 1967832 shares change hands in Monday trading. The company now has a market cap of 5.67B USD. Its current market price is $56.57, marking a decrease of -1.84% compared to the previous close of $57.63. The 52 week high reached by this stock is $57.68 whilst the lowest price level in 52 weeks is $34.04.

Six Flags Entertainment Corp. (FUN) has a 20-day trading average at $50.56 and the current price is -1.92% off the 52-week high compared with 66.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $45.49 and its 200-day simple moving average is $40.78. If we look at the stock’s price movements over the week, volatility stands at 4.84%, which decreases to 4.82% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.45 to suggest the stock is overbought.

The consensus objective for the share price is $62.29, suggesting that the stock has a potential upside of 9.18% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 26, 2024 when Mizuho initiated the stock to “Buy” and issued a price target of $56. Citigroup upgraded its price target at $40-$46.

Six Flags Entertainment Corp. (FUN) stock is up 4.08% over the week and 30.59% over the past month. Its price is 42.14% year-to-date and 42.67% over the past year.

To reach the target analysts have set, the stock logically needs to grow 9.18 percent from here.

The company has a return on investment of 7.10%. The price to earnings ratio (P/E ratio) amounts to 23.32 while the forward price to earnings ratio is 14.48. The beta has a value of 1.55. Price to sales ratio is 3.12.