Six Flags Entertainment Corp. (NYSE:SIX) CAO Leonard Russ unloaded 1,281 shares of Six Flags Entertainment Corp. stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $36.06, for a total value of $46,192.86. Following the completion of the transaction, the chief accounting officer now directly owns 90,753 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
SIX has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Six Flags Entertainment Corp. (NYSE:SIX) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 24th. They now have a $42.60 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Six Flags Entertainment Corp. (NYSE:SIX) in a research note to investors on Monday, July 8th. They set an “outperform” rating on the stock.
Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $74.65.
Shares of Six Flags Entertainment Corp. (NYSE:SIX) opened at 36.00 on Friday. Six Flags Entertainment Corp. has a 52 week low of $26.605 and a 52 week high of $40.31. The stock’s 50-day moving average is $34.69 and its 200-day moving average is $36.23. The company has a market cap of $3.423 billion and a P/E ratio of 10.04.
Six Flags Entertainment Corp. (NYSE:SIX) last released its earnings data on Monday, July 22nd. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.53 by $0.06. The company had revenue of $451.00 million for the quarter, compared to the consensus estimate of $370.00 million. During the same quarter in the prior year, the company posted $1.27 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. Analysts expect that Six Flags Entertainment Corp. will post $1.19 EPS for the current fiscal year.
Six Flags Entertainment Corporation (NYSE:SIX), incorporated on December 09, 1997, owns and operates regional theme, water and zoological parks.
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