Six Flags Entertainment Corp Given Positive Rating at Goldman Sachs (SIX)
Separately, analysts at Credit Suisse raised their price target on shares of Six Flags Entertainment Corp from $47.00 to $49.00 in a research note on Friday. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $46.67.
Shares of Six Flags Entertainment Corp (NYSE:SIX) traded up 1.47% during mid-day trading on Monday, hitting $42.335. 358,840 shares of the company’s stock traded hands. Six Flags Entertainment Corp has a one year low of $31.86 and a one year high of $42.94. The stock has a 50-day moving average of $40.8 and a 200-day moving average of $39.09. The company has a market cap of $4.028 billion and a P/E ratio of 34.48.
Six Flags Entertainment Corp (NYSE:SIX) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.64) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.67) by $0.03. The company had revenue of $73.72 million for the quarter, compared to the consensus estimate of $79.90 million. During the same quarter last year, the company posted ($1.23) earnings per share. Six Flags Entertainment Corp’s revenue was down 15.8% compared to the same quarter last year. On average, analysts predict that Six Flags Entertainment Corp will post $1.40 earnings per share for the current fiscal year.
Six Flags Entertainment Corporation (NYSE:SIX), incorporated on December 09, 1997, owns and operates regional theme, water and zoological parks.
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