Six Flags Entertainment (SIX) Receiving Somewhat Positive Media Coverage, Analysis Shows
News coverage about Six Flags Entertainment (NYSE:SIX) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. 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 daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.8200830109403 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Six Flags New England in Agawam names Peter Carmichael park president (masslive.com)
- Stock Traders Purchase Large Volume of Six Flags Entertainment Put Options (SIX) (americanbankingnews.com)
- Six Flags Entertainment Corporation: Six Flags Sets Date to Announce Fourth Quarter and Full Year 2017 Earnings (twst.com)
- 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)
A number of equities research analysts have recently weighed in on the company. Wedbush set a $76.00 price target on Six Flags Entertainment and gave the company a “buy” rating in a report on Monday. Zacks Investment Research cut Six Flags Entertainment from a “hold” rating to a “sell” rating in a report on Friday, January 5th. B. Riley reaffirmed a “buy” rating on shares of Six Flags Entertainment in a report on Wednesday, November 1st. TheStreet raised Six Flags Entertainment from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment in a report 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 assigned a buy rating to the company’s stock. Six Flags Entertainment presently has a consensus rating of “Hold” and an average price target of $67.44.
Six Flags Entertainment (NYSE SIX) traded up $0.79 during midday trading on Friday, hitting $67.97. 742,200 shares of the company were exchanged, compared to its average volume of 739,700. Six Flags Entertainment has a fifty-two week low of $51.25 and a fifty-two week high of $68.07. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of -3.53. The firm has a market capitalization of $5,690.00, a price-to-earnings ratio of 32.52, a PEG ratio of 3.58 and a beta of 1.18.
Six Flags Entertainment (NYSE:SIX) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.31. Six Flags Entertainment had a net margin of 13.24% and a negative return on equity of 47.41%. The business had revenue of $580.40 million for the quarter, compared to analyst estimates of $583.59 million. During the same quarter last year, the business earned $1.09 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. analysts forecast that Six Flags Entertainment will post 2.13 EPS for the current year.
In related news, Chairman James Reid-Anderson sold 78,614 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $66.32, for a total transaction of $5,213,680.48. Following the transaction, the chairman now owns 3,520,146 shares in the company, valued at $233,456,082.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 281,139 shares of company stock worth $18,706,366 in the last quarter. Company insiders own 6.90% of the company’s stock.
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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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