Equities analysts expect Six Flags Entertainment Corp (NYSE:SIX) to report $0.12 earnings per share for the current quarter, according to Zacks. Nine analysts have provided estimates for Six Flags Entertainment’s earnings. The highest EPS estimate is $0.20 and the lowest is $0.06. Six Flags Entertainment posted earnings of $0.02 per share during the same quarter last year, which suggests a positive year over year growth rate of 500%. The company is scheduled to report its next earnings report before the market opens on Tuesday, February 20th.

On average, analysts expect that Six Flags Entertainment will report full year earnings of $2.14 per share for the current year, with EPS estimates ranging from $2.06 to $2.20. For the next fiscal year, analysts anticipate that the company will post earnings of $2.29 per share, with EPS estimates ranging from $1.76 to $2.61. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Six Flags Entertainment.

Six Flags Entertainment (NYSE:SIX) last issued its earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.31. The company had revenue of $580.40 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 EPS.

Several brokerages recently weighed in on SIX. B. Riley restated a “buy” rating on shares of Six Flags Entertainment in a report on Wednesday, November 1st. Wedbush set a $76.00 target price on Six Flags Entertainment and gave the company a “buy” rating in a report on Monday, January 8th. Zacks Investment Research cut Six Flags Entertainment from a “hold” rating to a “sell” rating in a report on Friday, January 5th. SunTrust Banks restated a “buy” rating and set a $70.00 target price on shares of Six Flags Entertainment in a report on Friday, October 27th. Finally, FBR & Co restated a “buy” rating and set a $65.00 target price on shares of Six Flags Entertainment in a report on Monday, September 25th. Three 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. The company presently has an average rating of “Hold” and an average price target of $67.44.

In other Six Flags Entertainment news, CEO James Reid-Anderson sold 50,931 shares of the company’s stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $67.52, for a total transaction of $3,438,861.12. Following the completion of the transaction, the chief executive officer now owns 3,331,981 shares of the company’s stock, valued at approximately $224,975,357.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 281,139 shares of company stock valued at $18,706,366 in the last ninety days. 6.90% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. North Star Investment Management Corp. raised its position in shares of Six Flags Entertainment by 17.2% in the 4th quarter. North Star Investment Management Corp. now owns 5,662 shares of the company’s stock worth $377,000 after acquiring an additional 829 shares in the last quarter. Atlantic Trust Group LLC bought a new position in shares of Six Flags Entertainment in the 3rd quarter worth approximately $27,914,000. Parametric Portfolio Associates LLC raised its position in shares of Six Flags Entertainment by 37.3% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 305,618 shares of the company’s stock worth $18,624,000 after acquiring an additional 82,955 shares in the last quarter. RWC Asset Management LLP bought a new position in shares of Six Flags Entertainment in the 3rd quarter worth approximately $7,618,000. Finally, California Public Employees Retirement System raised its position in shares of Six Flags Entertainment by 3.1% in the 3rd quarter. California Public Employees Retirement System now owns 224,972 shares of the company’s stock worth $13,710,000 after acquiring an additional 6,772 shares in the last quarter. 99.45% of the stock is owned by hedge funds and other institutional investors.

Shares of Six Flags Entertainment (NYSE:SIX) traded up $0.79 during mid-day trading on Friday, reaching $67.97. The company had a trading volume of 743,071 shares, compared to its average volume of 692,767. The stock has a market cap of $5,694.93, a PE ratio of 32.52, a PEG ratio of 3.71 and a beta of 1.17. Six Flags Entertainment has a 52 week low of $51.25 and a 52 week high of $68.07. The company has a debt-to-equity ratio of -3.53, a current ratio of 0.80 and a quick ratio of 0.71.

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

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