Media stories about Six Flags Entertainment (NYSE:SIX) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Six Flags Entertainment earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.2931608369687 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s analysis:
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Show business: How much Dallas, Fort Worth can earn from restaurants and entertainment (dallasnews.com) Snapchat Brings Augmented Reality Content To Theme Parks Worldwide (psfk.com) Wells Fargo & Co Lowers Six Flags Entertainment (SIX) to Market Perform (americanbankingnews.com) Massive New Water Play Area, Splashwater Island, Opens at Six Flags Hurricane Harbor Concord (finance.yahoo.com) Snapchat brings AR to Six Flags (bizjournals.com)
A number of equities analysts recently weighed in on SIX shares. Oppenheimer set a $80.00 price target on Six Flags Entertainment and gave the company a “buy” rating in a research report on Tuesday, April 24th. B. Riley increased their price target on Six Flags Entertainment from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, April 26th. Stifel Nicolaus increased their price target on Six Flags Entertainment from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, April 26th. Zacks Investment Research upgraded Six Flags Entertainment from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Wednesday, April 25th. Finally, ValuEngine upgraded Six Flags Entertainment from a “sell” rating to a “hold” rating in a research report on Wednesday, May 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $69.55.
Shares of Six Flags Entertainment opened at $70.20 on Tuesday, according to MarketBeat. Six Flags Entertainment has a one year low of $51.25 and a one year high of $73.38. The stock has a market cap of $6.00 billion, a price-to-earnings ratio of 32.96 and a beta of 1.10. The company has a debt-to-equity ratio of -2.90, a current ratio of 0.37 and a quick ratio of 0.30.
Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings data on Tuesday, April 24th. The company reported ($0.74) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.79) by $0.05. Six Flags Entertainment had a negative return on equity of 31.58% and a net margin of 19.38%. The firm had revenue of $128.96 million during the quarter, compared to analyst estimates of $118.75 million. During the same period last year, the company posted ($0.63) EPS. The business’s quarterly revenue was up 29.6% compared to the same quarter last year. equities analysts expect that Six Flags Entertainment will post 2.84 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 11th. Shareholders of record on Thursday, May 31st were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Wednesday, May 30th. This represents a $3.12 dividend on an annualized basis and a yield of 4.44%. Six Flags Entertainment’s payout ratio is presently 146.48%.
In other Six Flags Entertainment news, CEO James Reid-Anderson sold 700 shares of the firm’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $72.49, for a total transaction of $50,743.00. Following the completion of the sale, the chief executive officer now directly owns 3,375,768 shares in the company, valued at approximately $244,709,422.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 201,811 shares of company stock valued at $14,401,216 over the last 90 days. Corporate insiders own 5.50% of the company’s stock.
Six Flags Entertainment Company Profile
Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.