Stock FAQs

six flags stock why so bad?

by Burdette Koepp Published 3 years ago Updated 2 years ago
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What is the stock symbol for Six Flags Entertainment?

Six Flags Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SIX." Who are Six Flags Entertainment's major shareholders? Six Flags Entertainment's stock is owned by a variety of retail and institutional investors.

What are Six Flags Entertainment's price targets for the next year?

12 Wall Street analysts have issued 1 year price targets for Six Flags Entertainment's stock. Their forecasts range from $45.00 to $66.00. On average, they expect Six Flags Entertainment's share price to reach $54.00 in the next year. This suggests a possible upside of 22.4% from the stock's current price.

Who is the CEO of Six Flags Entertainment?

81 employees have rated Six Flags Entertainment CEO Michael Spanos on Glassdoor.com. Michael Spanos has an approval rating of 83% among Six Flags Entertainment's employees. Who are some of Six Flags Entertainment's key competitors?

What companies do other Six Flags Entertainment Investors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Six Flags Entertainment investors own include AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Walt Disney (DIS), AbbVie (ABBV), Cedar Fair (FUN), Carnival Co. & (CCL), Tesla (TSLA), Verizon Communications (VZ) and Boeing (BA).

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Is Six Flags stock a good buy now?

The 12 analysts offering 12-month price forecasts for Six Flags Entertainment Corp have a median target of 53.00, with a high estimate of 60.00 and a low estimate of 24.00. The median estimate represents a +145.94% increase from the last price of 21.55.

Will Six Flags stock go up?

On average, they expect Six Flags Entertainment's share price to reach $49.89 in the next twelve months. This suggests a possible upside of 66.1% from the stock's current price.

How is Six Flags doing financially?

Full Year 2021 Highlights Total Revenue was $1,497 million , an increase of $9 million compared to full year 2019. Net Income was $130 million , a decrease of $49 million compared to full year 2019. Adjusted EBITDA was $498 million , a decrease of $29 million compared to full year 2019.

Is Six Flags publicly traded?

Six Flags Entertainment Corporation, more commonly known as Six Flags or as Six Flags Theme Parks, is an American amusement park corporation, headquartered in Arlington, Texas....Six Flags.FormerlySix Flags, Inc. (2000–2010)TypePublicTraded asNYSE: SIX S&P 400 componentIndustryTheme parksFoundedAugust 5, 196111 more rows

Is Six a good stock?

The consensus among 10 Wall Street analysts covering (NYSE: SIX) stock is to Strong Buy SIX stock.

Why is Six Flags stock going Up?

Shares of Six Flags rose after the theme park operator posted better-than-expected revenue for its first quarter, thanks to an increase in guests.

Is Six Flags going broke?

Total Revenue was $82 million , a decline of $20 million and $46 million from first quarter 2020 and 2019, respectively. Net loss was $96 million , a decline of $11 million and $27 million compared to first quarter 2020 and 2019, respectively....Six Flags Announces First Quarter 2021 Performance.Hurricane Harbor RockfordRockford, ILMay 29La RondeMontreal, QuebecTBD27 more rows•Apr 28, 2021

Is Six Flags still in debt?

The company expects to have ample cushion under its debt covenants until at least the fourth quarter of 2020, even if the parks were to remain closed through September. The company has no debt maturities until 2024.

How much debt does Six Flags have?

Six Flags' Leverage Below is the net debt, adjusted EBITDA (per management's June 2021 Investor Presentation), and net debt to adjusted EBITDA. For 2021, net debt of $2.29 billion and adjusted EBITDA of approximately $95 million resulted in a net debt to adjusted EBITDA ratio of 24.15x.

Does Six Flags pay a dividend?

Six Flags Entertainment (NYSE: SIX) does not pay a dividend.

Who is the owner of Six Flags?

Angus Wynne, founder of Six Flags, would be proud of the company's rise to preeminent standing in the family entertainment industry.

Who is the CEO of Six Flags?

Selim A Bassoul (Nov 15, 2021–)Six Flags / CEO

Should I buy or sell Six Flags Entertainment stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Six Flags Entertainment in the last twelve months. There...

What is Six Flags Entertainment's stock price forecast for 2022?

8 Wall Street analysts have issued 1 year target prices for Six Flags Entertainment's shares. Their forecasts range from $32.00 to $56.00. On avera...

How has Six Flags Entertainment's stock performed in 2022?

Six Flags Entertainment's stock was trading at $42.58 at the beginning of 2022. Since then, SIX shares have decreased by 32.5% and is now trading a...

When is Six Flags Entertainment's next earnings date?

Six Flags Entertainment is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast...

How were Six Flags Entertainment's earnings last quarter?

Six Flags Entertainment Co. (NYSE:SIX) announced its quarterly earnings data on Thursday, May, 12th. The company reported ($0.76) earnings per shar...

Who are Six Flags Entertainment's key executives?

Six Flags Entertainment's management team includes the following people: Mr. Selim A. Bassoul , CEO, Pres & Exec. Director (Age 65, Pay $2.11M)...

What is Michael Spanos' approval rating as Six Flags Entertainment's CEO?

81 employees have rated Six Flags Entertainment CEO Michael Spanos on Glassdoor.com . Michael Spanos has an approval rating of 83% among Six Flags...

Who are some of Six Flags Entertainment's key competitors?

Some companies that are related to Six Flags Entertainment include International Game Technology (IGT) , Madison Square Garden Sports (MSGS) , S...

What other stocks do shareholders of Six Flags Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Six Flags Entertainment investors own include AT&T (T) ,...

How much does Six Flags Entertainment make?

When is Six Flags earnings call?

Six Flags Entertainment has a market capitalization of $3.59 billion and generates $356.58 million in revenue each year. The company earns $-423,380,000.00 in net income (profit) each year or ($4.99) on an earnings per share basis.

Who sold Six Flags stock?

How can I listen to Six Flags Entertainment's earnings call? Six Flags Entertainment will be holding an earnings conference call on Wednesday, July 28th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What do These Ratings Mean?

SIX stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., and Deroy & Devereaux Private Investment Counsel Inc.. Company insiders that have sold Six Flags Entertainment company stock in the last year include Catherine Aslin, Holly Paul, Kurt Matthew Cellar, Mike Spanos, and Wilson Taylor Brooks.

What's Happening With Six Flags Entertainment Corp Stock Today?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. *Investors Observer* makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

Is Six Flags a real park?

Six Flags Entertainment Corp (SIX) stock is trading at $43.91 as of 11:41 AM on Monday, Nov 15, an increase of $3.46, or 8.53% from the previous closing price of $40.49. The stock has traded between $40.31 and $44.10 so far today. Volume today is 1,191,183 compared to average volume of 1,347,560.

Does Six Flags pause membership?

No real international presence. Six Flag stakes its claim as the world's largest regional theme park operator and North America's largest water park operator based on number of parks. With 23 of its 26 properties in the U.S., its operations rely on domestic authorities lifting stay-at-home orders and the economy improving.

Is Six Flags going to cut its expenses?

Six Flags is taking other steps, such as extending season-pass holders' time for lost days or offering an option to pause their membership. While this builds customer goodwill, it will affect next year's results.

Is Six Flags downgraded?

Six Flags has been prudently cutting expenses, pushing back or deferring capital projects, and suspending its dividend to preserve cash. But having so much debt raises the company's risk profile heading into an economic down-cycle.

Is Six Flags reporting fourth quarter revenue?

Six Flags announced on Friday morning that it was struggling in China and the United States. Wells Fargo downgraded the stock once again.

China troubles and revenue warnings spark downgrades on Wall Street

The idea of domestic strength soon evaporated. Six Flags said on Friday morning that it would report no fourth-quarter revenue from its Chinese partnership and that attendance declined year over year in its U.S. parks for the quarter.

What happened

I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.

Now what

Six Flags ( NYSE:SIX) shares are at half-mast this morning. Well -- not quite half. But they are down a whopping 17.3% as of 10:10 a.m.

Six Flags Entertainment (SIX)

In response to the news, Wells Fargo cut its rating on Six Flags to "underweight," saying its China business is "rapidly crumbling." Janney, meanwhile, cut its rating to "neutral" based on the U.S. numbers, saying it sees "clear indicators" that the business is deteriorating here as well.

Six Flags Entertainment Corporation New - Buy

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Chart for SIX

Zacks' proprietary data indicates that Six Flags Entertainment Corporation New is currently rated as a Zacks Rank 1 and we are expecting an above average return from the SIX shares relative to the market in the next few months.

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