Six Flags Leisure (NYSE:SIX) Inventory Value Up 8.6%

Six Flags Leisure Co. (NYSE:SIXGet Score) shares rose 8.6% on Friday . The inventory traded as excessive as $22.88 and final traded at $22.82. Roughly 46,343 shares modified arms throughout buying and selling, a decline of 98% from the common every day quantity of two,428,652 shares. The inventory had beforehand closed at $21.02.

SIX has been the topic of a number of analysis reviews. Citigroup decreased their worth goal on shares of Six Flags Leisure from $51.00 to $41.00 in a report on Friday, Could thirteenth. Truist Monetary decreased their worth goal on shares of Six Flags Leisure from $46.00 to $32.00 in a report on Friday, Could thirteenth. B. Riley minimize shares of Six Flags Leisure from a “purchase” ranking to a “impartial” ranking and decreased their worth goal for the corporate from $55.00 to $24.00 in a report on Tuesday, June twenty first. StockNews.com initiated protection on shares of Six Flags Leisure in a report on Thursday, March thirty first. They set a “maintain” ranking for the corporate. Lastly, Stifel Nicolaus decreased their worth goal on shares of Six Flags Leisure from $52.00 to $35.00 in a report on Friday. Two analysts have rated the inventory with a maintain ranking and 7 have issued a purchase ranking to the inventory. In response to MarketBeat.com, Six Flags Leisure presently has a consensus ranking of “Average Purchase” and a median goal worth of $45.30.

The agency’s 50-day shifting common is $30.72 and its 200-day shifting common is $37.85. The corporate has a market capitalization of $1.98 billion, a P/E ratio of 12.49 and a beta of two.24.

Six Flags Leisure (NYSE:SIXGet Score) final posted its quarterly earnings outcomes on Thursday, Could twelfth. The corporate reported ($0.76) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.07) by $0.31. The enterprise had income of $138.10 million in the course of the quarter, in comparison with analyst estimates of $122.26 million. Six Flags Leisure had a internet margin of 10.31% and a detrimental return on fairness of 15.34%. The corporate’s income was up 68.4% on a year-over-year foundation. Throughout the identical interval within the prior yr, the enterprise posted ($1.12) earnings per share. Promote-side analysts anticipate that Six Flags Leisure Co. will put up 2.55 earnings per share for the present fiscal yr.

In different information, CFO Gary Mick bought 1,325 shares of the corporate’s inventory in a transaction on Wednesday, June fifteenth. The inventory was acquired at a median value of $23.82 per share, for a complete transaction of $31,561.50. Following the completion of the transaction, the chief monetary officer now instantly owns 30,000 shares within the firm, valued at roughly $714,600. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. Additionally, Director Arik W. Ruchim bought 205,000 shares of the corporate’s inventory in a transaction on Friday, Could thirteenth. The inventory was bought at a median worth of $29.31 per share, with a complete worth of $6,008,550.00. Following the completion of the transaction, the director now owns 9,130,000 shares of the corporate’s inventory, valued at $267,600,300. The disclosure for this buy may be discovered right here. Over the past quarter, insiders acquired 553,325 shares of firm inventory valued at $16,049,162. Firm insiders personal 0.41% of the corporate’s inventory.

A number of hedge funds have not too long ago added to or decreased their stakes within the firm. Highland Capital Administration LLC lifted its holdings in shares of Six Flags Leisure by 0.7% within the first quarter. Highland Capital Administration LLC now owns 41,372 shares of the corporate’s inventory price $1,800,000 after shopping for an extra 273 shares within the final quarter. State of Michigan Retirement System lifted its holdings in shares of Six Flags Leisure by 1.6% within the fourth quarter. State of Michigan Retirement System now owns 19,629 shares of the corporate’s inventory price $836,000 after shopping for an extra 300 shares within the final quarter. Twin Lakes Capital Administration LLC lifted its holdings in shares of Six Flags Leisure by 0.3% within the first quarter. Twin Lakes Capital Administration LLC now owns 100,098 shares of the corporate’s inventory price $4,354,000 after shopping for an extra 337 shares within the final quarter. Louisiana State Workers Retirement System lifted its holdings in shares of Six Flags Leisure by 2.0% within the first quarter. Louisiana State Workers Retirement System now owns 20,300 shares of the corporate’s inventory price $868,000 after shopping for an extra 400 shares within the final quarter. Lastly, New York State Widespread Retirement Fund lifted its holdings in shares of Six Flags Leisure by 0.4% within the first quarter. New York State Widespread Retirement Fund now owns 103,878 shares of the corporate’s inventory price $4,519,000 after shopping for an extra 406 shares within the final quarter. 88.55% of the inventory is at the moment owned by hedge funds and different institutional buyers.

About Six Flags Leisure (NYSE:SIX)

Six Flags Leisure Company owns and operates regional theme and waterparks below the Six Flags title. Its parks supply varied thrill rides, water sights, themed areas, live shows and exhibits, eating places, sport venues, and shops. The corporate additionally sells meals, drinks, merchandise, and different services and products inside its parks.

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