worth buying post Earnings results? Six Flags Entertainment (NYSE:SIX)

Earnings results for Six Flags Entertainment (NYSE:SIX)

Six Flags Entertainment Corporation New is expected* to report earnings on 02/24/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 9 analysts’ forecasts, the consensus EPS forecast for the quarter is $-1.02. The reported EPS for the same quarter last year was $0.

Analyst Opinion on Six Flags Entertainment (NYSE:SIX)

13 Wall Street analysts have issued ratings and price targets for Six Flags Entertainment in the last 12 months. Their average twelve-month price target is $26.67, predicting that the stock has a possible downside of 36.36%. The high price target for SIX is $50.00 and the low price target for SIX is $16.00. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Six Flags Entertainment has received a consensus rating of Buy. The company’s average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $26.67, Six Flags Entertainment has a forecasted downside of 36.4% from its current price of $41.90. Six Flags Entertainment has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Six Flags Entertainment (NYSE:SIX)

Six Flags Entertainment does not currently pay a dividend. Six Flags Entertainment does not have a long track record of dividend growth.

Insiders buying/selling: Six Flags Entertainment (NYSE:SIX)

In the past three months, Six Flags Entertainment insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,980.00 in company stock. Only 0.97% of the stock of Six Flags Entertainment is held by insiders. 80.87% of the stock of Six Flags Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Six Flags Entertainment (NYSE:SIX

Earnings for Six Flags Entertainment are expected to grow in the coming year, from ($4.99) to ($1.22) per share. The P/E ratio of Six Flags Entertainment is -10.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Six Flags Entertainment is -10.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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