Six Flags Entertainment (SIX) Set to Announce Earnings on Thursday

Six Flags Entertainment (NYSE:SIX) is set to release its earnings data before the market opens on Thursday, May 9th. Analysts expect Six Flags Entertainment to post earnings of ($0.90) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.18). Six Flags Entertainment had a net margin of 2.73% and a negative return on equity of 7.31%. The firm had revenue of $292.55 million during the quarter, compared to analyst estimates of $298.42 million. On average, analysts expect Six Flags Entertainment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Six Flags Entertainment Stock Performance

SIX stock opened at $25.10 on Wednesday. Six Flags Entertainment has a one year low of $18.29 and a one year high of $28.99. The company has a fifty day moving average of $25.04 and a 200-day moving average of $24.43. The stock has a market capitalization of $2.12 billion, a PE ratio of 54.57 and a beta of 2.20.

Analyst Ratings Changes

A number of brokerages have weighed in on SIX. Truist Financial lifted their price objective on Six Flags Entertainment from $23.00 to $24.00 and gave the company a “hold” rating in a report on Tuesday, January 9th. Citigroup upped their price objective on Six Flags Entertainment from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, March 1st. StockNews.com began coverage on Six Flags Entertainment in a report on Tuesday. They issued a “hold” rating for the company. Finally, B. Riley raised shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and upped their price target for the stock from $30.00 to $31.00 in a research note on Thursday, April 18th. Two research 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, Six Flags Entertainment has an average rating of “Hold” and an average price target of $28.31.

Six Flags Entertainment Company Profile

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 sells food, beverages, merchandise, and other products and services within its parks.