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.

Many analysts weighed in on price targets for SIX. The maximum price target given was 73, which equates to a potential upside of 23.25 percent. The minimum price target given was 64, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.44 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.78 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 6 analysts that decreased their estimates. 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.

Analysts estimate earnings of SIX to grow at a rate of 89.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SIX is 0.59.

SIX has a 52-week high of 65.19 and a 52-week low of 47.61. Today's price is 24.41 percent above the 52-week low, and 9.14 percent below the 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.