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.

SIX was given price targets by several analysts. The highest price target was 73, which equates to a potential upside of 23.25 percent. The most pessimistic price target was 64, which equates to a potential downside of 8.05 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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. Meanwhile, fiscal year estimates have been revised downwards by -0.74 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 6 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 4 analysts that revised their FY estimates downwards.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SIX is 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 below the high by 9.14 percent. SIX has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.