Six Flags Entertainment (NYSE:SIX) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of Six Flags Entertainment (NYSE:SIXGet Free Report) in a report released on Thursday. The brokerage set a “hold” rating on the stock.

A number of other equities research analysts also recently weighed in on SIX. Stifel Nicolaus lifted their price target on shares of Six Flags Entertainment from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Morgan Stanley upgraded shares of Six Flags Entertainment from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $29.00 to $32.00 in a research report on Thursday, December 14th. Citigroup upgraded shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.00 to $26.00 in a research report on Friday, November 3rd. B. Riley upgraded shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.00 to $30.00 in a research report on Friday, November 3rd. Finally, Jefferies Financial Group raised shares of Six Flags Entertainment from a “hold” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $32.00 in a research note on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $27.92.

Read Our Latest Research Report on SIX

Six Flags Entertainment Stock Up 1.5 %

Shares of SIX stock opened at $25.86 on Thursday. The firm has a 50 day moving average price of $24.66 and a two-hundred day moving average price of $23.45. The company has a market capitalization of $2.16 billion, a PE ratio of 29.06 and a beta of 2.20. Six Flags Entertainment has a 12-month low of $18.29 and a 12-month high of $31.29.

Six Flags Entertainment (NYSE:SIXGet Free Report) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.12). The company had revenue of $547.46 million for the quarter, compared to analyst estimates of $538.76 million. Six Flags Entertainment had a negative return on equity of 9.18% and a net margin of 5.29%. As a group, research analysts expect that Six Flags Entertainment will post 1.01 EPS for the current year.

Hedge Funds Weigh In On Six Flags Entertainment

A number of hedge funds have recently modified their holdings of SIX. International Assets Investment Management LLC acquired a new position in shares of Six Flags Entertainment during the third quarter worth $27,000. Rockefeller Capital Management L.P. lifted its holdings in Six Flags Entertainment by 64.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,425 shares of the company’s stock valued at $33,000 after buying an additional 559 shares during the period. Captrust Financial Advisors lifted its holdings in Six Flags Entertainment by 34.0% in the second quarter. Captrust Financial Advisors now owns 1,685 shares of the company’s stock valued at $37,000 after buying an additional 428 shares during the period. Quarry LP acquired a new position in Six Flags Entertainment in the first quarter valued at $47,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in Six Flags Entertainment in the third quarter valued at $48,000. Institutional investors and hedge funds own 99.03% of the company’s stock.

About Six Flags Entertainment

(Get Free Report)

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, beverages, merchandise, and other products and services within its parks.

Further Reading

Analyst Recommendations for Six Flags Entertainment (NYSE:SIX)

Receive News & Ratings for Six Flags Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Six Flags Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.