Six Flags Entertainment Corp (SIX): Not A Time To Panic Nor Freeze

Six Flags Entertainment Corp (SIX) concluded trading on Wednesday at a closing price of $31.14, with 3.37 million shares of worth about $104.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.93% during that period and on June 26, 2024 the price saw a gain of about 3.63%. Currently the company’s common shares owned by public are about 84.12M shares, out of which, 82.90M shares are available for trading.

Stock saw a price change of 2.27% in past 5 days and over the past one month there was a price change of 24.97%. Year-to-date (YTD), SIX shares are showing a performance of 30.40% which increased to 26.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.41 but also hit the highest price of $32.21 during that period. The average intraday trading volume for Six Flags Entertainment Corp shares is 1.19 million. The stock is currently trading 15.25% above its 20-day simple moving average (SMA20), while that difference is up 24.17% for SMA50 and it goes to 32.45% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Six Flags Entertainment Corp (NYSE: SIX) currently have 84.12M outstanding shares and institutions hold larger chunk of about 101.98% of that.

The stock has a current market capitalization of $2.62B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 98.64, while it has posted earnings per share of $0.32 in the same period. Its PEG reads 16.25 and has Quick Ratio of 0.31. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SIX, volatility over the week remained 4.17% while standing at 3.68% over the month.

Stock’s fiscal year EPS is expected to rise by 235.78% while it is estimated to increase by 30.51% in next year. EPS is likely to grow at an annualized rate of 6.07% for next 5-years, compared to annual growth of -32.15% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on May 15, 2024 offering a Hold rating for the stock and assigned a target price range of between $29 and $27 to it. Coverage by B. Riley Securities stated Six Flags Entertainment Corp (SIX) stock as a Buy in their note to investors on April 18, 2024, suggesting a price target of $31 for the stock. On February 05, 2024, B. Riley Securities Downgrade their recommendations, while on December 14, 2023, Morgan Stanley Upgrade their ratings for the stock with a price target of $32. Stock get a Neutral rating from Rosenblatt on November 21, 2023.

Most Popular

Related Posts