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After finishing at $23.84 in the prior trading day, Six Flags Entertainment Corp (NYSE: SIX) closed at $23.48, down -1.51%. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 0.58 million shares were traded. SIX stock price reached its highest trading level at $23.67 during the session, while it also had its lowest trading level at $23.164.
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 25.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.06. 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 2005602944 and an Enterprise Value of 4954249728. As of this moment, Six’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.15, and their Forward P/E ratio for the next fiscal year is 10.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39. Its current Enterprise Value per Revenue stands at 3.474 whereas that against EBITDA is 10.81.
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 -6.49%, while the 200-Day Moving Average is calculated to be -1.87%.
Shares Statistics:
The stock has traded on average 842.76K shares per day over the past 3-months and 743110 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 97.97% stake in the company. Shares short for SIX as of 1713139200 were 5588397 with a Short Ratio of 6.63, compared to 1710460800 on 7064833. Therefore, it implies a Short% of Shares Outstanding of 5588397 and a Short% of Float of 10.4499996.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.74.
Earnings Estimates
The current market rating for Six Flags Entertainment Corp (SIX) reflects the collective analysis of 9.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.9 for the current quarter, with a high estimate of -$0.8 and a low estimate of -$1.05, while EPS last year was -$0.84. The consensus estimate for the next quarter is $0.83, with high estimates of $0.97 and low estimates of $0.7.
Analysts are recommending an EPS of between $1.97 and $1.57 for the fiscal current year, implying an average EPS of $1.79. EPS for the following year is $2.21, with 10.0 analysts recommending between $2.58 and $1.99.
Revenue Estimates
9 analysts predict $138.19M in revenue for the current quarter. It ranges from a high estimate of $144.66M to a low estimate of $130.44M. As of the current estimate, Six Flags Entertainment Corp’s year-ago sales were $142.19MFor the next quarter, 9 analysts are estimating revenue of $472.96M. There is a high estimate of $503M for the next quarter, whereas the lowest estimate is $452.4M.
A total of 11 analysts have provided revenue estimates for SIX’s current fiscal year. The highest revenue estimate was $1.53B, while the lowest revenue estimate was $1.49B, resulting in an average revenue estimate of $1.51B. In the same quarter a year ago, actual revenue was $1.43BBased on 11 analysts’ estimates, the company’s revenue will be $1.58B in the next fiscal year. The high estimate is $1.6B and the low estimate is $1.55B.
