Six Flags Entertainment Corp (NYSE:SIX) shares traded 0.06% up during most recent session to reach at the closing price of $50.66. The stock exchanged hands 1.06 Million shares versus average trading capacity of 1.45 Million shares, yielding a market cap of $4.25 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $58.3 within the next 52-weeks. The mean target projections are based on 10 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Six Flags Entertainment Corp (NYSE:SIX) high price target of $65 and with a conservative view have low price target of $49.
KeyBanc “Downgrades” Six Flags Entertainment Corp (NYSE:SIX) in a research note issued to investors on 2/15/19 to Sector Weight with price target of $0.
Additionally on 12/12/18 Berenberg “Initiates Coverage On” Six Flags Entertainment Corp (NYSE:SIX) to Buy setting price target at $70 and on 11/01/18 B. Riley FBR “Maintained” the stock to Buy at $72. Furthermore on 10/26/18 Macquarie “Upgrades” the stock to Neutral at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 51.31 along with Average True Range (ATR 14) of 1.03, Consequently Six Flags Entertainment Corp (NYSE:SIX)’s weekly and monthly volatility is 1.50%, 2.21% respectively. The company’s beta value is at 1.1.
In terms of Buy, Sell or Hold recommendations, Six Flags Entertainment Corp (NYSE:SIX) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Six Flags Entertainment Corp (NYSE:SIX)’s minimum EPS for the current quarter is at $-0.92 and can go high up to $-0.75. The consensus mean EPS for the current quarter is at $-0.86 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.74 earnings per share for the same quarter during last year.
Previously Six Flags Entertainment Corp (NYSE:SIX) reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.66. The company posted an earnings surprise of 244.4%.
Six Flags Entertainment Corp (NYSE:SIX)’s revenue estimates for the current quarter are $123.84 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $128.7 Million in contradiction of low revenue estimates of $113 Million. For the current year the company’s revenue estimates are $1.53 Billion compared to low analyst estimates of $1.51 Billion and high estimates of $1.55 Billion according to 11 number of analysts.
Currently Six Flags Entertainment Corp (NYSE:SIX)’s shares owned by insiders are 4.6%, whereas shares owned by institutional owners are 89.7%. However the six-month change in the insider ownership was recorded -0.24%, as well as three-month change in the institutional ownership was recorded -2.21%.
Six Flags Entertainment Corp (NYSE:SIX)’s trailing twelve month revenues are $1.46 Billion, whereas its price to sales ratio for the same period is 2.91. Its book value per share for the most recent quarter is $-7.64 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.53, however its price to cash per share ratio for the same period is 95.35. The stock has 5 year expected PEG ratio of 2.49 whereas its trailing twelve month P/E ratio is 15.7.