Analyst Ratings for Six Flags Entertainment Corp. (SIX)

Updated: 2017-07-26

An average rating of Overweight has been given to Six Flags Entertainment Corp. (NYSE:SIX) by analysts covering the stock. About 30 days ago, SIX was issued an average rating of Overweight.

Of the 13 analysts covering the stock, 9 gave it a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for SIX. The maximum price target given was 73, implying a possible profit of 23.25 percent. The most pessimistic price target was 64, implying a possible loss of 8.05 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.44 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.76 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.74 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.78 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 6 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

SIX has an estimated earnings growth rate of 89.87 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SIX has a PEG ratio of 0.59.

In the trailing 52-weeks, SIX hit 65.19 at the highest peak, while it's lowest trading point was 47.61. Today's price is 24.41 percent above the 52-week low, and 9.14 percent lower than its 52-week high. SIX has a P/E ratio of 52.88. Investors typically compare the P/E ratio to a company's peers in the industry. The SIX value stock report compares SIX to some of its peers using value stock charts. The market cap of SIX is $5.06 billion. SIX will post this quarters earnings in days, on 0000-00-00.