18.6 C
New York
Wednesday, September 27, 2023

There’s No Need To Panic Or Freeze When It Comes To Six Flags Entertainment Corporation (NYSE: SIX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Six Flags Entertainment Corporation (SIX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.16, or -0.67%, to $23.61. The Six Flags Entertainment Corporation has recorded 51,296 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Six Flags Unveils Thrilling New Rides and Experiences Including Three Roller Coasters, Family Rides, Water Attractions, and an Upscale Glamping Experience.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Leisure industry segment. At the end of the last regular session, the stock closed at $23.77 and fluctuated between $23.80 as its day high and $22.99 as its day low. The current market capitalization of Six Flags Entertainment Corporation is $1.92B. A total of 1.38 million shares were traded on the day, compared to an average of 1.95M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SIX has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 5,812 and the disposition of 1,303 shares. Over the last 12 months, there were 53 BUYs and 3 SELLs from insiders. Insiders purchased 1,922,513 shares during that period but sold 2,599.

In the most recent transaction, Mick Gary bought 5,812 shares of SIX for 26.98 per share on Jun 09. After the transaction, the CHIEF FINANCIAL OFFICER now owns 89,737 company shares. In a previous transaction on May 26, Mick Gary bought 1,500 shares at 25.36 per share. SIX shares that CHIEF FINANCIAL OFFICER owns now total 84,737.

Among the insiders who bought shares, Mick Gary acquired of 1,000 shares on May 25 at a per-share price of $25.00. This resulted in the CHIEF FINANCIAL OFFICER holding 83,237 shares of SIX after the transaction. In another insider transaction, Mick Gary bought 5,000 shares at $26.62 per share on May 10. Company shares held by the CHIEF FINANCIAL OFFICER now total 82,237.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. SIX’s most recent ex-dividend date was 3/3/2020 when it declared a $0.25 quarterly dividend that was paid in cash on 3/11/2020. Previously, the company paid the dividend on 12/9/2019 with an ex-dividend date of 11/27/2019. The SIX stock dividend was $0.83 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SIX in the last 3 months, the mean price target is $27.83 with high estimates of $35.00 and low estimates of $21.00. In terms of 52-week highs and lows, SIX has a high of $31.29 and a low of $16.83.

As of this writing, SIX has an earnings estimate of $1.5 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.71 per share and a lower estimate of $1.41. The company reported an EPS of -$0.84 in the last quarter, which was 1.20% higher than expectations of -$0.85.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SIX’s latest balance sheet shows that the firm has $335.58M in Cash & Short Term Investments as of fiscal 2021. There were $2.63B in debt and $177.83M in liabilities at the time. Its Book Value Per Share was -$11.94, while its Total Shareholder’s Equity was $522.07M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SIX is Buy with a score of 3.83.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles