Six Flags Entertainment (NYSE:SIX – Get Rating) posted its quarterly earnings data on Thursday. The company reported ($0.76) EPS for the quarter, topping analysts’ consensus estimates of ($1.07) by $0.31, MarketWatch Earnings reports. Six Flags Entertainment had a negative return on equity of 11.88% and a net margin of 8.68%. The company had revenue of $138.10 million for the quarter, compared to the consensus estimate of $122.26 million. During the same quarter in the previous year, the business earned ($1.12) EPS. The company’s quarterly revenue was up 68.4% compared to the same quarter last year.
Shares of NYSE SIX opened at $28.30 on Friday. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 19.25 and a beta of 2.22. The business has a 50-day moving average of $39.78 and a 200-day moving average of $40.91. Six Flags Entertainment has a fifty-two week low of $26.84 and a fifty-two week high of $47.61.
A number of research firms have recently commented on SIX. Citigroup dropped their price objective on Six Flags Entertainment from $51.00 to $41.00 in a research note on Friday. Rosenblatt Securities initiated coverage on Six Flags Entertainment in a report on Monday, April 25th. They issued a “buy” rating and a $56.00 target price on the stock. B. Riley decreased their target price on Six Flags Entertainment from $63.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, April 21st. StockNews.com initiated coverage on Six Flags Entertainment in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Oppenheimer upgraded Six Flags Entertainment from a “market perform” rating to an “outperform” rating and set a $54.00 target price on the stock in a report on Tuesday, January 18th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $52.10.
Six Flags Entertainment Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on Six Flags Entertainment (SIX)
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