Six Flags Entertainment Corp (NYSE: SIX) has reported a loss for its first fiscal quarter (ending March 31) of $-0.98 versus a loss $-0.84 for the same period a year ago. This result fell short of the consensus estimate of $-0.91 by $-0.07. E.P.S. were $0.33 for the latest four quarters through March 31 versus $1.16 for the same period a year ago — a decline of -72%.
Recent Price Action
Six Flags Entertainment Corp (NYSE: SIX) stock closed at $26.52 on 5/9/24 after a very large increase of 5.8%. Moreover, trading volume in this advance was exceptionally high at 266% of normal. The stock has risen 12.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SIX is expected to be a major Value Eraser.
Six Flags Entertainment is currently unrated.
Rating Review
The stock is currently unrated.
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