Stocks of Six Flags Entertainment Corp (NYSE:SIX) traded higher last session on Wall Street, up 6.48% to $22.36.
According to the data, Six Flags Entertainment Corp (NYSE:SIX) has 13 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $35.00 and a low of $20.00, we find $28.00. Given the previous closing price of $21.00, this indicates a potential upside of 33.33 percent. SIX stock price is now 0.01% away from the 50-day moving average and -10.01% away from the 200-day moving average. The market capitalization of the company currently stands at $1.87B.
A total of 5 analysts have issued a hold rating and 6 have given it a buy rating. Brokers who have rated the stock have averaged $27.50 as their price target over the next twelve months.
With the price target of $16, JP Morgan recently initiated with Underweight rating for Six Flags Entertainment Corp (NYSE: SIX).
In other news, Williams-Ramey Aimee, Former Chief Legal Officer sold 11,630 shares of the company’s stock on Sep 08. The stock was sold for $284,354 at an average price of $24.45. Upon completion of the transaction, the Former Chief Legal Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09, CHIEF FINANCIAL OFFICER Mick Gary bought 5,812 shares of the business’s stock. A total of $156,808 was incurred on buying the stock at an average price of $26.98. This leaves the insider owning 89,737 shares of the company worth $2.01 million. Insiders disposed of 16,944 shares of company stock worth roughly $0.38 million over the past 1 year. A total of 1.13% of the company’s stock is owned by insiders.
Thursday’s opening bell rang with an opening price of $22.50 for Six Flags Entertainment Corp (NYSE: SIX). During the past 12 months, Six Flags Entertainment Corp has had a low of $18.29 and a high of $31.29. According to the stock market information, the enterprise value for the company is $4.23B, which is based on a 25.19 price-to-earnings ratio, a 4.15 price-to-earnings-growth ratio, and a beta of 2.09. The fifty day moving average price for SIX is $22.37 and a two-hundred day moving average price translates $24.83 for the stock.
The latest earnings results from Six Flags Entertainment Corp (NYSE: SIX) was released for Jul, 2023. According to the Leisure Company, earnings per share came in at $0.25, missing analysts’ expectations of $0.78 by -0.53. This compares to $0.79 EPS in the same period last year. The company reported revenue of $443.71 million for the quarter, compared to $435.42 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.9 percent. For the current quarter, analysts expect SIX to generate $545.28M in revenue.
Six Flags Entertainment Corp(SIX) Company Profile
Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, beverages, merchandise, and other products and services within its parks. It operates parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.
