Media coverage about Six Flags Entertainment (NYSE:SIX) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Six Flags Entertainment earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.6052476780528 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Six Flags Entertainment (SIX) traded up $0.57 on Wednesday, reaching $63.62. The company’s stock had a trading volume of 640,658 shares, compared to its average volume of 849,993. The stock has a market cap of $5,396.92, a price-to-earnings ratio of 19.82 and a beta of 1.15. The company has a debt-to-equity ratio of -4.00, a current ratio of 0.74 and a quick ratio of 0.66. Six Flags Entertainment has a 12 month low of $51.25 and a 12 month high of $70.44.
Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings results on Tuesday, February 20th. The company reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.03. The business had revenue of $256.76 million for the quarter, compared to analyst estimates of $252.75 million. Six Flags Entertainment had a negative return on equity of 41.55% and a net margin of 20.15%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 EPS. equities analysts predict that Six Flags Entertainment will post 2.69 EPS for the current fiscal year.
Several equities analysts recently issued reports on SIX shares. Zacks Investment Research cut Six Flags Entertainment from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Wedbush set a $76.00 price target on Six Flags Entertainment and gave the company a “buy” rating in a research report on Monday, January 8th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $78.00 price target (up previously from $72.00) on shares of Six Flags Entertainment in a research report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $68.80.
In other Six Flags Entertainment news, CEO James Reid-Anderson sold 50,931 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $67.52, for a total value of $3,438,861.12. Following the completion of the transaction, the chief executive officer now directly owns 3,331,981 shares in the company, valued at approximately $224,975,357.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Marshall Barber sold 597 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $66.57, for a total value of $39,742.29. Following the completion of the transaction, the chief financial officer now owns 80,536 shares of the company’s stock, valued at $5,361,281.52. The disclosure for this sale can be found here. Insiders have sold a total of 194,322 shares of company stock worth $12,936,593 in the last three months. Corporate 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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