Six Flags Entertainment (SIX) to Release Earnings on Thursday

Six Flags Entertainment (NYSE:SIX) is scheduled to be releasing 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Six Flags Entertainment (NYSE:SIX) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.18). The firm had revenue of $292.55 million for the quarter, compared to the consensus estimate of $298.42 million. Six Flags Entertainment had a negative return on equity of 7.31% and a net margin of 2.73%. 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

Shares of Six Flags Entertainment stock opened at $25.10 on Tuesday. Six Flags Entertainment has a 52-week low of $18.29 and a 52-week high of $28.99. The stock has a market cap of $2.12 billion, a PE ratio of 54.57 and a beta of 2.20. The firm has a 50-day moving average of $25.04 and a 200-day moving average of $24.39.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Citigroup raised their target price on shares of 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 initiated coverage on Six Flags Entertainment in a report on Tuesday. They issued a “hold” rating for the company. B. Riley raised Six Flags Entertainment from a “neutral” rating to a “buy” rating and increased their target price for the stock from $30.00 to $31.00 in a report on Thursday, April 18th. Finally, Truist Financial boosted their price target on Six Flags Entertainment from $23.00 to $24.00 and gave the company a “hold” rating in a research note on Tuesday, January 9th. 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. According to MarketBeat.com, Six Flags Entertainment has an average rating of “Hold” and an average price target of $28.31.

About Six Flags Entertainment

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.