Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Six Flags Entertainment (SIX) Share Price
Media stories about Six Flags Entertainment (NYSE:SIX) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Six Flags Entertainment earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2440924514703 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Six Flags Entertainment Corp (SIX) Chairman Sells $5,213,680.48 in Stock (americanbankingnews.com)
- James Reid-Anderson Sells 25,456 Shares of Six Flags Entertainment Corp (SIX) Stock (americanbankingnews.com)
- Six Flags Theme Parks and Hallmark Channel Host the World’s Largest Snowball Fight at Six Flags Holiday in the Park® (finance.yahoo.com)
- H Partners Management Has Lowered Six Flags Entmt New (SIX) Stake By $298.58 Million; Shorts at Jumei … – Hill Country Times (hillcountrytimes.com)
- Investors Buy High Volume of Call Options on Six Flags Entertainment Corporation New (SIX) (americanbankingnews.com)
Several equities analysts have recently issued reports on SIX shares. Hilliard Lyons raised shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and set a $59.00 price target for the company in a report on Wednesday, August 30th. Janney Montgomery Scott reissued a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment in a report on Tuesday, August 15th. Zacks Investment Research upgraded shares of Six Flags Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. TheStreet upgraded shares of Six Flags Entertainment from a “c+” rating to a “b-” rating in a research note on Wednesday, October 25th. Finally, BidaskClub cut shares of Six Flags Entertainment from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Six Flags Entertainment has an average rating of “Buy” and a consensus price target of $66.78.
Shares of Six Flags Entertainment (SIX) traded down $0.02 during midday trading on Wednesday, hitting $66.11. 715,611 shares of the company were exchanged, compared to its average volume of 1,078,190. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of -3.53. Six Flags Entertainment has a fifty-two week low of $51.25 and a fifty-two week high of $66.64. The company has a market capitalization of $5,494.67, a PE ratio of 31.38, a P/E/G ratio of 3.84 and a beta of 1.17.
Six Flags Entertainment (NYSE:SIX) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $1.80 by $0.31. Six Flags Entertainment had a net margin of 13.24% and a negative return on equity of 47.41%. The firm had revenue of $580.40 million for the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the previous year, the business earned $1.09 earnings per share. Six Flags Entertainment’s revenue for the quarter was up 4.1% compared to the same quarter last year. analysts expect that Six Flags Entertainment will post 2.13 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Thursday, November 30th will be given a $0.70 dividend. The ex-dividend date is Wednesday, November 29th. This is a boost from Six Flags Entertainment’s previous quarterly dividend of $0.64. This represents a $2.80 annualized dividend and a yield of 4.24%. Six Flags Entertainment’s payout ratio is 133.97%.
In other Six Flags Entertainment news, Chairman James Reid-Anderson sold 78,614 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $66.32, for a total value of $5,213,680.48. Following the sale, the chairman now directly owns 3,520,146 shares in the company, valued at $233,456,082.72. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 145,078 shares of company stock worth $9,569,648. 6.90% of the stock is owned by company insiders.
About Six Flags Entertainment
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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