Investment Analysts’ Weekly Ratings Updates for Six Flags Entertainment (SIX)

Several brokerages have updated their recommendations and price targets on shares of Six Flags Entertainment (NYSE: SIX) in the last few weeks:

• 4/29/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/21/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/18/2024 – Six Flags Entertainment was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating. They now have a $31.00 price target on the stock, up previously from $30.00.
• 4/13/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/5/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/28/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/20/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/12/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/4/2024 – Six Flags Entertainment is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Six Flags Entertainment Price Performance

Shares of NYSE SIX traded up $0.41 during mid-day trading on Thursday, reaching $23.94. The company’s stock had a trading volume of 118,099 shares, compared to its average volume of 859,928. Six Flags Entertainment Co. has a 52 week low of $18.29 and a 52 week high of $28.99. The stock has a fifty day moving average of $25.01 and a two-hundred day moving average of $24.28. The firm has a market capitalization of $2.02 billion, a PE ratio of 52.04 and a beta of 2.20.

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). The company had revenue of $292.55 million during the quarter, compared to the consensus estimate of $298.42 million. Six Flags Entertainment had a net margin of 2.73% and a negative return on equity of 7.31%. Analysts anticipate that Six Flags Entertainment Co. will post 1.79 EPS for the current fiscal year.

Hedge Funds Weigh In On Six Flags Entertainment

A number of institutional investors and hedge funds have recently made changes to their positions in SIX. New York State Teachers Retirement System increased its position in shares of Six Flags Entertainment by 1.0% during the 3rd quarter. New York State Teachers Retirement System now owns 81,574 shares of the company’s stock valued at $1,918,000 after purchasing an additional 782 shares during the last quarter. Raymond James & Associates increased its position in Six Flags Entertainment by 3.2% during the fourth quarter. Raymond James & Associates now owns 25,627 shares of the company’s stock valued at $643,000 after acquiring an additional 793 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Six Flags Entertainment by 0.4% in the third quarter. Rhumbline Advisers now owns 230,537 shares of the company’s stock valued at $5,420,000 after acquiring an additional 821 shares during the period. Cerity Partners LLC lifted its holdings in shares of Six Flags Entertainment by 5.9% in the 4th quarter. Cerity Partners LLC now owns 16,058 shares of the company’s stock worth $403,000 after acquiring an additional 895 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in shares of Six Flags Entertainment by 527.2% in the 4th quarter. National Bank of Canada FI now owns 1,129 shares of the company’s stock worth $28,000 after acquiring an additional 949 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

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 sells food, beverages, merchandise, and other products and services within its parks.