News coverage about Six Flags (NYSE:SIX) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Six Flags earned a news impact score of 0.05 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.3716850030865 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s rankings:
Shares of NYSE:SIX opened at $61.10 on Wednesday. Six Flags has a 1 year low of $51.25 and a 1 year high of $70.44. The company has a market cap of $5,216.83, a price-to-earnings ratio of 28.69 and a beta of 1.13. The company has a quick ratio of 0.66, a current ratio of 0.74 and a debt-to-equity ratio of -4.00.
Six Flags (NYSE:SIX) last announced its earnings results on Tuesday, February 20th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.03. Six Flags had a negative return on equity of 41.55% and a net margin of 20.15%. The business had revenue of $256.76 million during the quarter, compared to analyst estimates of $252.75 million. During the same quarter in the previous year, the business earned $0.02 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. analysts anticipate that Six Flags will post 2.73 EPS for the current fiscal year.
SIX has been the subject of several recent analyst reports. Zacks Investment Research lowered Six Flags from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Wedbush set a $76.00 target price on Six Flags and gave the company a “buy” rating in a research report on Monday, January 8th. Finally, Stifel Nicolaus restated a “buy” rating and set a $78.00 target price (up previously from $72.00) on shares of Six Flags in a research report on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $68.80.
In other news, CFO Marshall Barber sold 597 shares of Six Flags stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $66.57, for a total transaction of $39,742.29. Following the completion of the sale, the chief financial officer now owns 80,536 shares of the company’s stock, valued at $5,361,281.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lance C. Balk sold 100,000 shares of Six Flags stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $65.67, for a total transaction of $6,567,000.00. Following the sale, the vice president now directly owns 15,738 shares of the company’s stock, valued at approximately $1,033,514.46. The disclosure for this sale can be found here. Insiders have sold 100,647 shares of company stock valued at $6,610,018 in the last ninety days. Insiders own 5.50% of the company’s stock.
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About Six Flags
Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.
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