Falcon's Beyond Global's (FBYD) "Sell (D)" Rating Reiterated at Weiss Ratings

Key Points

• Falcon's Beyond Global (NASDAQ: FBYD) has received a "sell (D)" rating from Weiss Ratings, indicating concerns about the company's stock performance.
• The company's recent quarterly earnings report showed earnings per share of $0.30, with revenue of $2.55 million, but also a negative return on equity of 82.54%.
• Institutional investors currently own 38.88% of Falcon's Beyond Global, with significant recent investments from firms like Wealth Enhancement Advisory Services LLC and AllGen Financial Advisors Inc.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report)'s stock had its "sell (d)" rating reiterated by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Falcon's Beyond Global Trading Up 0.9%

NASDAQ:FBYD opened at $12.84 on Wednesday. Falcon's Beyond Global has a 1 year low of $3.62 and a 1 year high of $16.34. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 32.64 and a beta of -1.49. The business has a fifty day moving average of $9.02 and a 200-day moving average of $7.71. The company has a debt-to-equity ratio of 32.66, a quick ratio of 0.51 and a current ratio of 0.51.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.30 earnings per share (EPS) for the quarter. Falcon's Beyond Global had a negative return on equity of 82.54% and a net margin of 146.55%.The company had revenue of $2.55 million during the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its stake in Falcon's Beyond Global by 147.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,657 shares of the company's stock valued at $363,000 after buying an additional 24,816 shares in the last quarter. AllGen Financial Advisors Inc. bought a new position in Falcon's Beyond Global during the first quarter valued at about $209,000. HighTower Advisors LLC bought a new position in Falcon's Beyond Global during the first quarter valued at about $124,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in Falcon's Beyond Global during the first quarter valued at about $90,000. Institutional investors own 38.88% of the company's stock.

About Falcon's Beyond Global

Falcon's Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.

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