Six Flags Entertainment Corporation (NYSE:FUN) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus "Hold" from 14 analysts (2 sell, 5 hold, 7 buy) with an average 12‑month price target of $23.69 versus the recent open price of $19.62.
• Six Flags missed EPS—reporting ($0.91) vs. consensus ($0.31) while beating revenue at $650.1M, and the company shows a negative net margin of 51.58% and very high leverage (debt‑to‑equity 9.40).
• Significant institutional activity has increased positions (UBS, Morgan Stanley, JANA, etc.), leaving institutions with 64.65% ownership, indicating strong investor interest despite mixed fundamentals.

Shares of Six Flags Entertainment Corporation (NYSE:FUN - Get Free Report) have received an average recommendation of "Hold" from the fourteen research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $23.6923.

A number of research analysts have recently weighed in on FUN shares. Truist Financial increased their price target on Six Flags Entertainment from $23.00 to $27.00 and gave the company a "buy" rating in a research note on Thursday, March 26th. Weiss Ratings reissued a "sell (d)" rating on shares of Six Flags Entertainment in a research note on Thursday, January 22nd. Barclays reissued an "overweight" rating and issued a $22.00 price target on shares of Six Flags Entertainment in a research note on Monday, February 23rd. Guggenheim cut their price target on Six Flags Entertainment from $33.00 to $29.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Jefferies Financial Group cut their price target on Six Flags Entertainment from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Tuesday, January 13th.

Six Flags Entertainment Stock Down 1.6%

NYSE:FUN opened at $19.62 on Tuesday. The stock's fifty day moving average price is $17.22 and its two-hundred day moving average price is $17.57. Six Flags Entertainment has a 52-week low of $12.51 and a 52-week high of $38.47. The company has a debt-to-equity ratio of 9.40, a quick ratio of 0.59 and a current ratio of 0.69. The company has a market cap of $2.00 billion, a price-to-earnings ratio of -1.24 and a beta of 0.32.

Six Flags Entertainment (NYSE:FUN - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.60). The firm had revenue of $650.09 million for the quarter, compared to analyst estimates of $602.68 million. Six Flags Entertainment had a positive return on equity of 3.77% and a negative net margin of 51.58%.The firm's revenue for the quarter was down 5.4% on a year-over-year basis. On average, analysts anticipate that Six Flags Entertainment will post 0.83 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FUN. UBS Group AG lifted its stake in shares of Six Flags Entertainment by 533.4% in the 4th quarter. UBS Group AG now owns 5,279,720 shares of the company's stock valued at $80,991,000 after purchasing an additional 4,446,104 shares during the period. JANA Partners Management LP acquired a new position in shares of Six Flags Entertainment in the 3rd quarter valued at $92,015,000. Rush Island Management LP acquired a new stake in Six Flags Entertainment during the 2nd quarter worth $115,454,000. Morgan Stanley raised its stake in Six Flags Entertainment by 62.1% during the 4th quarter. Morgan Stanley now owns 9,473,532 shares of the company's stock worth $145,324,000 after buying an additional 3,629,445 shares during the period. Finally, EdgePoint Investment Group Inc. acquired a new stake in Six Flags Entertainment during the 3rd quarter worth $70,764,000. Institutional investors and hedge funds own 64.65% of the company's stock.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.

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