Stock Buzzer: Six Flags Entertainment Corp Can’t Be More Safe. Trades Significantly Higher

Stock Buzzer: Six Flags Entertainment Corp Can't Be More Safe. Trades Significantly Higher

The stock of Six Flags Entertainment Corp (NYSE:SIX) is a huge mover today! About 1.57 million shares traded hands or 28.69% up from the average. Six Flags Entertainment Corp (NYSE:SIX) has declined 1.29% since March 29, 2016 and is downtrending. It has underperformed by 4.77% the S&P500.
The move comes after 9 months positive chart setup for the $5.21B company. It was reported on Oct, 31 by Barchart.com. We have $66.90 PT which if reached, will make NYSE:SIX worth $1.09 billion more.

Six Flags Entertainment Corp (NYSE:SIX) Ratings Coverage

Out of 9 analysts covering Six Flags Entertainment (NYSE:SIX), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. Six Flags Entertainment has been the topic of 14 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Six Flags Entertainment Corp (NYSE:SIX) earned “Long-Term Buy” rating by Hilliard Lyons on Tuesday, August 23. The firm earned “Neutral” rating on Tuesday, March 29 by Sterne Agee CRT. The firm earned “Outperform” rating on Friday, August 28 by Credit Suisse. FBR Capital maintained the stock with “Mkt Perform” rating in Wednesday, October 21 report. On Thursday, October 27 the stock rating was maintained by FBR Capital with “Outperform”. The rating was upgraded by FBR Capital to “Outperform” on Friday, April 1. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, April 6. The company was initiated on Tuesday, April 19 by Stephens. The firm earned “Outperform” rating on Thursday, April 28 by Wedbush. On Wednesday, December 9 the stock rating was initiated by Macquarie Research with “Neutral”.

According to Zacks Investment Research, “Six Flags Entertainment Corporation owns and operates regional parks. The Company has parks comprised of theme, water and zoological parks offering rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets. The Company holds long-term licenses for theme park usage throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries of certain Warner Bros. and DC Comics characters. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company uses these characters to market its parks and to provide an enhanced family entertainment experience. Six Flags Entertainment Corporation is based in New York, NY.”

More notable recent Six Flags Entertainment Corp (NYSE:SIX) news were published by: Wsj.com which released: “Six Flags Posts Surprise Decline in Revenue, Hurt by Adverse Weather” on October 26, 2016, also Investorplace.com with their article: “Six Flags Entertainment Corp Commits to Using Only Cage-Free Eggs” published on September 15, 2016, Businesswire.com published: “Six Flags and Samsung Introduce World’s First Fully Interactive Roller Coaster …” on August 05, 2016. More interesting news about Six Flags Entertainment Corp (NYSE:SIX) were released by: Forbes.com and their article: “Six Flags Entertainment Becomes Oversold (SIX)” published on August 15, 2016 as well as Dallasnews.com‘s news article titled: “Six Flags to test Mardi Gras festivals in San Antonio and Mexico” with publication date: October 26, 2016.

SIX Company Profile

Six Flags Entertainment Corporation (Six Flags), incorporated on December 9, 1997, is a regional theme park operator. The Firm operates in the theme parks segment. The Firm operates approximately 20 regional theme and water parks. The Company’s parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land. The Company’s parks are located in geographically diverse markets across North America. The Company’s parks offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The Company’s parks offer approximately 830 rides, including over 130 roller coasters. The Firm holds long-term licenses for theme park usage of certain Warner Bros. and DC Comics characters throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman, The Joker and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company’s licenses include the right to sell merchandise featuring the characters at the parks, and to use the characters in its advertising, as walk-around characters and in theming for rides, attractions and retail outlets. Six Flags is also engaged in the sale of food and beverages, merchandise, games and attractions, parking and other services inside its parks.

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