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After finishing at $23.78 in the prior trading day, Six Flags Entertainment Corp (NYSE: SIX) closed at $23.58, down -0.84%. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 0.81 million shares were traded. SIX stock price reached its highest trading level at $24.38 during the session, while it also had its lowest trading level at $23.39.
Ratios:
Our goal is to gain a better understanding of SIX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on April 18, 2024, Upgraded its rating to Buy and sets its target price to $31 from $30 previously.
On February 05, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $30.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 14, 2023, whereas the target price for the stock was revised from $29 to $32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 08 ’23 when Williams-Ramey Aimee sold 11,630 shares for $24.45 per share. The transaction valued at 284,354 led to the insider holds 0 shares of the business.
Mick Gary bought 5,812 shares of SIX for $156,808 on Jun 09 ’23. The CHIEF FINANCIAL OFFICER now owns 89,737 shares after completing the transaction at $26.98 per share. On May 26 ’23, another insider, Mick Gary, who serves as the CHIEF FINANCIAL OFFICER of the company, bought 1,500 shares for $25.36 each. As a result, the insider paid 38,047 and bolstered with 84,737 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SIX now has a Market Capitalization of 1983728768 and an Enterprise Value of 4962662912. As of this moment, Six’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.37, and their Forward P/E ratio for the next fiscal year is 10.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39. Its current Enterprise Value per Revenue stands at 3.48 whereas that against EBITDA is 10.828.
Stock Price History:
Over the past 52 weeks, SIX has reached a high of $28.99, while it has fallen to a 52-week low of $18.29. The 50-Day Moving Average of the stock is -6.73%, while the 200-Day Moving Average is calculated to be -1.64%.
Shares Statistics:
The stock has traded on average 874.35K shares per day over the past 3-months and 1004670 shares per day over the last 10 days, according to various share statistics. A total of 84.12M shares are outstanding, with a floating share count of 82.71M. Insiders hold about 1.68% of the company’s shares, while institutions hold 98.74% stake in the company. Shares short for SIX as of 1711584000 were 6345498 with a Short Ratio of 7.26, compared to 1709164800 on 6285367. Therefore, it implies a Short% of Shares Outstanding of 6345498 and a Short% of Float of 11.87.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.74.
Earnings Estimates
Six Flags Entertainment Corp (SIX) is presently subject to a detailed evaluation by SVIX analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $83.44, with high estimates of $31.27 and low estimates of $36.06.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $ETF.
