News articles about Six Flags Entertainment (NYSE:SIX) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Six Flags Entertainment earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.3577107686553 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Illinois Court Says Biometrics Plaintiffs Must Put a Finger on Alleged Harm (natlawreview.com)
- Six Flags Magic Mountain now open year-round in Southern California (insidethemagic.net)
- Six Flags Magic Mountain Set To Be Open Every Day In 2018 (hometownstation.com)
- Litigants Alleging Procedural Violations of Illinois Biometric Privacy Statute (BIPA) Are Not “Aggrieved” Parties That May Seek Legal Remedies (natlawreview.com)
- Six Flags One of the Nation’s Best and Brightest Companies to Work … – Business Wire (press release) (businesswire.com)
A number of equities research analysts have commented on the company. B. Riley reiterated a “buy” rating on shares of Six Flags Entertainment in a research report on Wednesday, November 1st. Zacks Investment Research lowered Six Flags Entertainment from a “hold” rating to a “sell” rating in a research report on Friday. SunTrust Banks restated a “buy” rating and set a $70.00 target price on shares of Six Flags Entertainment in a research report on Friday, October 27th. FBR & Co reiterated a “buy” rating and issued a $65.00 price target on shares of Six Flags Entertainment in a report on Monday, September 25th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $72.00 price target on shares of Six Flags Entertainment in a report on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $66.78.
Shares of Six Flags Entertainment (NYSE SIX) traded up $0.62 during trading on Friday, hitting $65.70. The stock had a trading volume of 753,696 shares, compared to its average volume of 729,024. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of -3.53. The stock has a market capitalization of $5,452.78, a P/E ratio of 31.14, a PEG ratio of 3.55 and a beta of 1.17. Six Flags Entertainment has a 12-month low of $51.25 and a 12-month high of $67.93.
Six Flags Entertainment (NYSE:SIX) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.31. The company had revenue of $580.40 million during the quarter, compared to the consensus estimate of $583.59 million. Six Flags Entertainment had a negative return on equity of 47.41% and a net margin of 13.24%. Six Flags Entertainment’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the business posted $1.09 earnings per share. equities analysts expect that Six Flags Entertainment will post 2.13 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Thursday, November 30th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.26%. This is an increase from Six Flags Entertainment’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Wednesday, November 29th. Six Flags Entertainment’s dividend payout ratio (DPR) is presently 133.97%.
In related news, Chairman James Reid-Anderson sold 78,614 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $66.32, for a total transaction of $5,213,680.48. Following the completion of the sale, the chairman now directly owns 3,520,146 shares of the company’s stock, valued at $233,456,082.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 281,085 shares of company stock valued at $18,702,788 over the last ninety days. 6.90% of the stock is currently owned by company insiders.
Six Flags Entertainment Company Profile
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.
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