Six Flags Entertainment Corp (NYSE:SIX) – Research analysts at KeyCorp issued their Q1 2019 EPS estimates for shares of Six Flags Entertainment in a research report issued on Wednesday, January 9th. KeyCorp analyst B. Andress expects that the company will post earnings per share of ($0.71) for the quarter. KeyCorp has a “Overweight” rating and a $69.00 price target on the stock. KeyCorp also issued estimates for Six Flags Entertainment’s Q2 2019 earnings at $0.93 EPS, Q3 2019 earnings at $2.13 EPS and Q4 2019 earnings at $0.40 EPS.

Six Flags Entertainment (NYSE:SIX) last posted its earnings results on Tuesday, October 23rd. The company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.32 by ($0.16). Six Flags Entertainment had a net margin of 20.30% and a negative return on equity of 35.16%. The firm had revenue of $619.82 million during the quarter, compared to analyst estimates of $633.03 million.

Several other research firms have also recently issued reports on SIX. Zacks Investment Research cut shares of Six Flags Entertainment from a “hold” rating to a “sell” rating in a research note on Wednesday, September 26th. Oppenheimer set a $80.00 target price on shares of Six Flags Entertainment and gave the company a “buy” rating in a research note on Wednesday, October 24th. Berenberg Bank started coverage on shares of Six Flags Entertainment in a research report on Wednesday, December 12th. They set a “buy” rating and a $70.00 price objective for the company. ValuEngine upgraded shares of Six Flags Entertainment from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Finally, B. Riley reduced their price objective on shares of Six Flags Entertainment from $81.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday, November 1st. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $68.78.

SIX opened at $61.96 on Friday. Six Flags Entertainment has a 1 year low of $49.79 and a 1 year high of $73.38. The firm has a market capitalization of $5.08 billion, a P/E ratio of 29.09 and a beta of 1.24.

Large investors have recently bought and sold shares of the business. William Blair Investment Management LLC grew its holdings in shares of Six Flags Entertainment by 3.5% during the third quarter. William Blair Investment Management LLC now owns 4,949,544 shares of the company’s stock worth $345,578,000 after buying an additional 165,157 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Six Flags Entertainment by 1.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,685,496 shares of the company’s stock worth $187,501,000 after buying an additional 49,490 shares in the last quarter. Capital World Investors purchased a new stake in shares of Six Flags Entertainment during the third quarter worth $167,568,000. Bank of New York Mellon Corp grew its holdings in shares of Six Flags Entertainment by 16.6% during the third quarter. Bank of New York Mellon Corp now owns 2,020,972 shares of the company’s stock worth $141,104,000 after buying an additional 288,077 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in shares of Six Flags Entertainment by 0.7% during the third quarter. Bessemer Group Inc. now owns 1,802,119 shares of the company’s stock worth $125,826,000 after buying an additional 12,628 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

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

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