Media coverage about Six Flags Entertainment Corporation New (NYSE:SIX) has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Six Flags Entertainment Corporation New earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.491658595039 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s rankings:
- Six Flags adds two new theme park concepts for its resorts in China (themeparkinsider.com)
- Insider Selling: Six Flags Entertainment Corporation New (SIX) CEO Sells 41,008 Shares of Stock (americanbankingnews.com)
- Six Flags Entertainment Corporation New (SIX) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- IBD Rating Upgrades: Six Flags Entertainment Flashes Improved Price Strength (finance.yahoo.com)
- Who are Disney’s (DIS) Main Competitors? (finance.yahoo.com)
SIX has been the subject of several research analyst reports. TheStreet raised Six Flags Entertainment Corporation New from a “c+” rating to a “b-” rating in a research note on Wednesday, October 25th. Stifel Nicolaus reissued a “buy” rating and set a $72.00 target price on shares of Six Flags Entertainment Corporation New in a research note on Thursday, October 12th. FBR & Co reissued a “buy” rating and set a $65.00 target price on shares of Six Flags Entertainment Corporation New in a research note on Monday, September 25th. Hilliard Lyons raised Six Flags Entertainment Corporation New from a “neutral” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Wednesday, August 30th. Finally, Janney Montgomery Scott restated a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment Corporation New in a report on Tuesday, August 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $67.00.
Shares of Six Flags Entertainment Corporation New (SIX) opened at $65.27 on Wednesday. Six Flags Entertainment Corporation New has a twelve month low of $51.25 and a twelve month high of $65.75. The company has a market capitalization of $5,423.45, a P/E ratio of 30.97, a P/E/G ratio of 3.88 and a beta of 1.15. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of -3.53.
Six Flags Entertainment Corporation New (NYSE:SIX) last announced its earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.31. Six Flags Entertainment Corporation New had a negative return on equity of 47.41% and a net margin of 13.24%. The business had revenue of $580.40 million for the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the prior year, the business posted $1.09 earnings per share. The firm’s revenue was up 4.1% on a year-over-year basis. equities analysts predict that Six Flags Entertainment Corporation New will post 2.09 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Thursday, November 30th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This is a boost from Six Flags Entertainment Corporation New’s previous quarterly dividend of $0.64. This represents a $2.80 annualized dividend and a yield of 4.29%. Six Flags Entertainment Corporation New’s dividend payout ratio is presently 122.49%.
In related news, CEO James Reid-Anderson sold 41,008 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $65.06, for a total value of $2,667,980.48. Following the sale, the chief executive officer now directly owns 3,570,602 shares in the company, valued at $232,303,366.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jon L. Luther bought 3,000 shares of Six Flags Entertainment Corporation New stock in a transaction that occurred on Tuesday, August 29th. The stock was bought at an average price of $52.58 per share, for a total transaction of $157,740.00. Following the completion of the acquisition, the director now directly owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The disclosure for this purchase can be found here. Corporate insiders own 6.90% of the company’s stock.
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Six Flags Entertainment Corporation New Company Profile
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.
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