Six Flags Entertainment (SIX) Given Daily Media Sentiment Score of 0.10
Press coverage about Six Flags Entertainment (NYSE:SIX) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Six Flags Entertainment earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.3978244969224 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Zacks Investment Research Lowers Six Flags Entertainment (SIX) to Sell (americanbankingnews.com)
- Veteran theme park executive named president of Six Flags Magic Mountain – Los Angeles Times (latimes.com)
- Illinois Court Says Biometrics Plaintiffs Must Put a Finger on Alleged Harm (natlawreview.com)
- Six Flags Magic Mountain now open year-round in Southern California (insidethemagic.net)
- Six Flags Magic Mountain Set To Be Open Every Day In 2018 (hometownstation.com)
Several equities research analysts have recently weighed in on SIX shares. Zacks Investment Research upgraded shares of Six Flags Entertainment from a “sell” rating to a “hold” rating in a research report on Saturday, October 28th. TheStreet upgraded shares of Six Flags Entertainment from a “c+” rating to a “b-” rating in a research report on Wednesday, October 25th. FBR & Co reiterated a “buy” rating on shares of Six Flags Entertainment in a research report on Wednesday, October 25th. Stifel Nicolaus reiterated a “buy” rating and set a $72.00 price objective on shares of Six Flags Entertainment in a research report on Thursday, October 12th. Finally, SunTrust Banks reissued a “buy” rating and set a $70.00 target price on shares of Six Flags Entertainment in a research note on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $67.44.
Shares of Six Flags Entertainment (NYSE:SIX) traded up $0.32 during midday trading on Monday, reaching $66.02. 936,657 shares of the company traded hands, compared to its average volume of 806,197. The company has a market capitalization of $5,530.00, a price-to-earnings ratio of 31.59, a PEG ratio of 3.58 and a beta of 1.18. Six Flags Entertainment has a fifty-two week low of $51.25 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of -3.53, a quick ratio of 0.71 and a current ratio of 0.80.
Six Flags Entertainment (NYSE:SIX) last issued its earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.31. The business had revenue of $580.40 million for the quarter, compared to analyst estimates of $583.59 million. Six Flags Entertainment had a net margin of 13.24% and a negative return on equity of 47.41%. Six Flags Entertainment’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 earnings per share. equities analysts anticipate that Six Flags Entertainment will post 2.13 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Thursday, November 30th were paid a dividend of $0.70 per share. The ex-dividend date was Wednesday, November 29th. This is a positive change from Six Flags Entertainment’s previous quarterly dividend of $0.64. This represents a $2.80 annualized dividend and a yield of 4.24%. Six Flags Entertainment’s dividend payout ratio is currently 133.97%.
In related news, CEO James Reid-Anderson sold 41,008 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $65.06, for a total transaction of $2,667,980.48. Following the transaction, the chief executive officer now directly owns 3,570,602 shares of the company’s stock, valued at $232,303,366.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 281,085 shares of company stock worth $18,702,788. 6.90% of the stock is owned by insiders.
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About Six Flags Entertainment
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.
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