Fun Times Ahead? Investors Weigh Options

Are you thinking about investing in Six Flags, the theme park giant? A recent report by Steven Wieczynski from Stifel Nicolaus recommends buying FUN stock with a $64. 00 price target, even though it currently sits at $47. 88. Wieczynski’s track record shows he's reliable, with a 5-star rating, 14. 2% average return, and a 52. 76% success rate. He covers companies like Wynn Resorts and Caesars Entertainment in the Consumer Cyclical sector. Most analysts feel similarly positive about FUN. The general consensus is a Moderate Buy, with an average price target of $53. 33, which is 11. 38% higher than the current price. Truist Financial also reaffirmed a Buy rating with a $56. 00 target. Six Flags’ recent financials show a $1. 35 billion revenue and $110. 97 million net profit for the quarter ending September 30. Compared to the same period last year, revenue was up, but net profit stayed nearly the same at $110. 7 million. Insider activity tells another story, though. Over the past quarter, 7 insiders sold more shares, indicating a negative sentiment. If you’re an investor, this could hint at what insiders think about the future of FUN. Looking into the company, Six Flags Entertainment Corporation operates various theme parks across the U. S. and Canada, offering thrilling rides, attractions, and more. Their parks like Cedar Point and Kings Island attract people of all ages.