Equities research analysts expect that Six Flags Entertainment Corp (NYSE:SIX) will report earnings per share of $0.12 for the current quarter, according to Zacks Investment Research. Nine analysts have made estimates for Six Flags Entertainment Corp’s earnings. The highest EPS estimate is $0.20 and the lowest is $0.06. Six Flags Entertainment Corp reported earnings of $0.02 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 500%. The business is scheduled to report its next quarterly earnings report on Wednesday, February 28th.

According to Zacks, analysts expect that Six Flags Entertainment Corp will report full year earnings of $2.09 per share for the current year, with EPS estimates ranging from $1.74 to $2.20. For the next financial year, analysts forecast that the company will report earnings of $2.29 per share, with EPS estimates ranging from $1.76 to $2.61. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Six Flags Entertainment Corp.

Six Flags Entertainment Corp (NYSE:SIX) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.80 by $0.31. Six Flags Entertainment Corp had a negative return on equity of 47.41% and a net margin of 13.24%. The company had revenue of $580.40 million during the quarter, compared to analyst estimates of $583.59 million. During the same quarter in the previous year, the firm posted $1.09 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis.

Several equities analysts recently commented on the company. Zacks Investment Research raised Six Flags Entertainment Corp from a “sell” rating to a “hold” rating in a research report on Saturday, October 28th. TheStreet raised Six Flags Entertainment Corp from a “c+” rating to a “b-” rating in a research report on Wednesday, October 25th. SunTrust Banks, Inc. reissued a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment Corp in a research report on Friday, October 27th. FBR & Co reissued a “buy” rating on shares of Six Flags Entertainment Corp in a research report on Wednesday, October 25th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $72.00 price target on shares of Six Flags Entertainment Corp in a research report on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $67.00.

Six Flags Entertainment Corp (NYSE:SIX) opened at $63.80 on Friday. The company has a debt-to-equity ratio of -3.53, a quick ratio of 0.71 and a current ratio of 0.80. The stock has a market capitalization of $5.35 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 3.85 and a beta of 1.16. Six Flags Entertainment Corp has a 12-month low of $51.25 and a 12-month high of $65.19.

In other Six Flags Entertainment Corp news, Director Jon L. Luther acquired 3,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were bought at an average cost of $52.58 per share, for a total transaction of $157,740.00. Following the acquisition, the director now directly owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.90% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Six Flags Entertainment Corp by 9.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,637 shares of the company’s stock valued at $157,000 after acquiring an additional 225 shares during the last quarter. Ffcm LLC increased its holdings in shares of Six Flags Entertainment Corp by 114.8% in the 2nd quarter. Ffcm LLC now owns 2,631 shares of the company’s stock valued at $157,000 after acquiring an additional 1,406 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Six Flags Entertainment Corp by 6.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,673 shares of the company’s stock valued at $159,000 after acquiring an additional 155 shares during the last quarter. First Mercantile Trust Co. bought a new stake in shares of Six Flags Entertainment Corp in the 2nd quarter valued at approximately $185,000. Finally, Parametrica Management Ltd bought a new stake in shares of Six Flags Entertainment Corp in the 2nd quarter valued at approximately $205,000. Institutional investors and hedge funds own 89.01% of the company’s stock.

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About Six Flags Entertainment Corp

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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Earnings History and Estimates for Six Flags Entertainment Corp (NYSE:SIX)

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