A History of Outperforming Analyst Forecasts and Beating the Odds: Six Flags Entertainment Corp (FUN)

With 1.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.28 million shares. The 52-week range on FUN shows that it touched its highest point at $58.70 and its lowest point at $35.93 during that stretch. It currently has a 1-year price target of $55.42. With its current market cap of 4.12 billion, FUN has annualized dividend of $0.60 while the current yield stands at 1.46%. Beta for the stock currently stands at 1.16.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FUN was down-trending over the past week, with a drop of -10.76%, but this was down by -7.42% over a month. Three-month performance dropped to -11.15% while six-month performance fell -6.26%. The stock lost -3.25% in the past year, while it has lost -14.84% so far this year. A look at the trailing 12-month EPS for FUN yields -3.09 with Next year EPS estimates of 2.55. For the next quarter, that number is -2.29. This implies an EPS growth rate of 150.04% for this year and 58.51% for next year.

Float and Shares Shorts:

At present, 100.35 million FUN shares are outstanding with a float of 97.85 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FUN since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94816 being high and $0.37305 being low. For FUN, this leads to a yearly average estimate of $0.64506. Based on analyst estimates, the high estimate for the next quarter is $1.19 and the low estimate is $1.01. The average estimate for the next quarter is thus $1.09.