NYSE:SIX

Six Flags Entertainment (SIX) Stock Forecast, Price & News

$23.41

-0.10 (-0.43%)

(As of 10/2/2023 ET)

Compare

Today's Range: $23.35
▼
$23.90
50-Day Range: $21.09
▼
$25.85
52-Week Range: $16.83
▼
$31.29

Volume: 1.97 million shs
Average Volume: 1.83 million shs
Market Capitalization: $1.96 billion

P/E Ratio: 24.39
Dividend Yield: N/A
Price Target: $30.00

Six Flags Entertainment MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 28.2% Upside
$30.00 Price Target
Short Interest: Bearish
7.45% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.22
Upright™ Environmental Score
News Sentiment: 0.18
Based on 4 Articles This Week
Insider Trading: Selling Shares
$284,354 Sold Last Quarter
Proj. Earnings Growth: 68.80%
From $1.25 to $2.11 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Consumer Discretionary Sector

43rd out of 276 stocks

Miscellaneous Amusement & Recreation Services Industry

3rd out of 18 stocks

4.2

Analyst's Opinion

Consensus Rating
Six Flags Entertainment has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Six Flags Entertainment has a forecasted upside of 28.2% from its current price of $23.41.
Amount of Analyst Coverage
Six Flags Entertainment has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
7.45% of the float of Six Flags Entertainment has been sold short.
Short Interest Ratio / Days to Cover
Six Flags Entertainment has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Six Flags Entertainment has recently increased by 6.77%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
Six Flags Entertainment does not currently pay a dividend.
Dividend Growth
Six Flags Entertainment does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Six Flags Entertainment is 104.17%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Six Flags Entertainment will have a dividend payout ratio of 47.39% next year. This indicates that Six Flags Entertainment will be able to sustain or increase its dividend.

4.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Six Flags Entertainment has received a 68.28% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is driven by its "Amusement park services" and "Waterpark services" products. See details.
Environmental Sustainability
The Environmental Impact score for Six Flags Entertainment is -1.22.

1.8

News and Social Media Coverage

News Sentiment
Six Flags Entertainment has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Six Flags Entertainment this week, compared to 9 articles on an average week.
Search Interest
Only 2 people have searched for SIX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
6 people have added Six Flags Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Six Flags Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $284,354.00 in company stock.
Percentage Held by Insiders
Only 0.49% of the stock of Six Flags Entertainment is held by insiders.
Percentage Held by Institutions
99.03% of the stock of Six Flags Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Six Flags Entertainment are expected to grow by 68.80% in the coming year, from $1.25 to $2.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Six Flags Entertainment is 24.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Six Flags Entertainment is 24.39, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.39.

See Top Rated MarketRank™ Stocks Here

About Six Flags Entertainment (NYSE:SIX) Stock

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. It operates parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.

SIX Price History

30 days | 90 days | 365 days | Advanced Chart

SIX Stock News Headlines

October 2, 2023 | americanbankingnews.com

Six Flags Entertainment Co. (NYSE:SIX) Receives Consensus Recommendation of "Hold" from Analysts

September 27, 2023 | theglobeandmail.com

Can Revenge Travel Sustain Six Flags (SIX)? Institutional Investors Say YES!

October 2, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 25, 2023 | yahoo.com

Theme parks stir the pot on Halloween. Few do it better than Six Flags Fright Fest.

September 25, 2023 | msn.com

Fright Fest begins at Six Flags New England

September 25, 2023 | finance.yahoo.com

Here's Why You Should Steer Clear Six Flags (SIX) Stock Now

September 24, 2023 | msn.com

Fright Fest begins at the Six Flags New England

September 22, 2023 | msn.com

Six Flags Fright Fest begins this weekend!

October 2, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 21, 2023 | msn.com

Kids Boo Fest returns to Six Flags Great Adventure this fall

September 21, 2023 | msn.com

Six Flags Unveils More Halloween Details for Annual Fright Fest

September 21, 2023 | finance.yahoo.com

Six Flags Unleashes Horrifying New Haunted Houses Inspired by Two Truly Terrifying Movies - The Conjuring, and Saw X

September 20, 2023 | msn.com

Lake Compounce and Six Flags open Halloween attractions this weekend

September 20, 2023 | msn.com

Six Flags Entertainment: Get Ready For Things To Get Worse Before It Gets Better

September 19, 2023 | yahoo.com

Ruby Franke Once 'Took Christmas Away' from 2 Kids: 'Punishments Were Just So Extreme,' Says Neighbor

September 18, 2023 | msn.com

Red Cross blood drive at the Great Escape Lodge

September 16, 2023 | msn.com

Six Flags' cutting-edge gaming hub works in San Antonio. Up next: Mexico City.

September 15, 2023 | msn.com

Six Flags delays opening of new haunted house experience

September 15, 2023 | msn.com

Where To Visit The Best Amusement Parks In The Northeast

September 14, 2023 | yahoo.com

Oktoberfest is here. Where to celebrate in Bucks County, nearby

September 11, 2023 | gurufocus.com

Former Chief Legal Officer Aimee Williams-ramey Sells 11,630 Shares of Six Flags Entertainment Corp

September 11, 2023 | msn.com

Six Flags' Third-Quarter Attendance Trending Up Amid 'Pricing Equilibrium,' Oppenheimer Says

September 8, 2023 | yahoo.com

Halloween is coming: Here's what Sesame Place, Six Flags and Dorney Park have scared up

September 6, 2023 | msn.com

Six Flags Entertainment: Not Enough To Get The Pulse Racing

September 5, 2023 | bizjournals.com

Six Flags Fiesta Texas doubles down with new eSix facility

September 3, 2023 | msn.com

Six Flags in NJ adding Safari glamping, new coaster for 50th anniversary

September 1, 2023 | yahoo.com

Fright Fest at Six Flags 2023: SAW X, The Conjuring themes to celebrate 30th anniversary

See More Headlines

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SIX Company Calendar

Last Earnings: 8/10/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous amusement & recreation services
Sub-Industry: Leisure Facilities
Sector: Consumer Discretionary
Current Symbol: NYSE:SIX
CUSIP: 83001A10
CIK: 701374
Web: www.sixflags.com
Phone: (972) 595-5000
Fax: 212-354-3089
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $30.00
High Stock Price Forecast: $47.00
Low Stock Price Forecast: $22.00
Forecasted Upside/Downside: +28.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.96
Trailing P/E Ratio: 24.39
Forward P/E Ratio: 18.73
P/E Growth: N/A
Net Income: $108.93 million
Net Margins: 5.83%
Pretax Margin: 11.91%
Return on Equity: -9.50%
Return on Assets: 3.47%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.44
Quick Ratio: 0.37

Sales & Book Value

Annual Sales: $1.36 billion
Price / Sales: 1.44
Cash Flow: $3.12 per share
Price / Cash Flow: 7.51
Book Value: ($11.43) per share
Price / Book: -2.05

Miscellaneous

Outstanding Shares: 83,520,000
Free Float: 83,111,000
Market Cap: $1.96 billion
Optionable: Optionable
Beta: 2.10

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Key Executives

Mr. Selim A. Bassoul (Age 66)
CEO, Pres & Exec. Director
Comp: $1.89M

Mr. Gary Mick (Age 61)
Exec. VP, CFO & Interim Controller
Comp: $437.25k

Mr. Jason Freeman (Age 56)
VP of Operations, Public Safety, Maintenance & Engineering

Mr. Derek Sample (Age 36)
VP & Chief Accounting Officer

Ms. Edithann Ramey (Age 50)
Chief Marketing Officer

Ms. Sharon Parker
Park Pres of Six Flags Over Texas

Mr. Omar Jacques Omran (Age 31)
Chief Digital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SIX Stock - Frequently Asked Questions

Should I buy or sell Six Flags Entertainment stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Six Flags Entertainment in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIX, but not buy additional shares or sell existing shares.
View SIX analyst ratings or view top-rated stocks.
What is Six Flags Entertainment's stock price forecast for 2023?: 12 brokerages have issued 12 month price objectives for Six Flags Entertainment's shares. Their SIX share price forecasts range from $22.00 to $47.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 28.2% from the stock's current price.
View analysts price targets for SIX or view top-rated stocks among Wall Street analysts.
How have SIX shares performed in 2023?: Six Flags Entertainment's stock was trading at $23.25 at the beginning of the year. Since then, SIX stock has increased by 0.7% and is now trading at $23.41.
View the best growth stocks for 2023 here.
When is Six Flags Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our SIX earnings forecast.
How were Six Flags Entertainment's earnings last quarter?: Six Flags Entertainment Co. (NYSE:SIX) announced its quarterly earnings data on Thursday, August, 10th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.78 by $0.53. The company had revenue of $443.71 million for the quarter, compared to analysts' expectations of $465.25 million. Six Flags Entertainment had a negative trailing twelve-month return on equity of 9.50% and a net margin of 5.83%. The business's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS.
What ETFs hold Six Flags Entertainment's stock?: ETFs with the largest weight of Six Flags Entertainment (NYSE:SIX) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).SPDR S&P 600 Small Cap ETF (SLY).

What is Michael Spanos' approval rating as Six Flags Entertainment's CEO?: 81 employees have rated Six Flags Entertainment Chief Executive Officer Michael Spanos on Glassdoor.com. Michael Spanos has an approval rating of 83% among the company's employees.
What other stocks do shareholders of Six Flags Entertainment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Six Flags Entertainment investors own include AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Walt Disney (DIS), AbbVie (ABBV), Cedar Fair (FUN), Carnival Co. & (CCL), Tesla (TSLA), Verizon Communications (VZ) and Boeing (BA).
What is Six Flags Entertainment's stock symbol?: Six Flags Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SIX."
How do I buy shares of Six Flags Entertainment?: Shares of SIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Six Flags Entertainment's stock price today?: One share of SIX stock can currently be purchased for approximately $23.41.
How much money does Six Flags Entertainment make?: Six Flags Entertainment (NYSE:SIX) has a market capitalization of $1.96 billion and generates $1.36 billion in revenue each year. The company earns $108.93 million in net income (profit) each year or $0.96 on an earnings per share basis.
How many employees does Six Flags Entertainment have?: The company employs 1,450 workers across the globe.
How can I contact Six Flags Entertainment?: Six Flags Entertainment's mailing address is 1000 BALLPARK WAY SUITE 400, ARLINGTON TX, 76011. The official website for the company is www.sixflags.com. The company can be reached via phone at (972) 595-5000, via email at spurtell@sftp.com, or via fax at 212-354-3089.

This page (NYSE:SIX) was last updated on 10/2/2023 by MarketBeat.com Staff

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