Where will Six Flags Entertainment Stock Be In 1 Year?

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks https://business-oppurtunities.com/start-up-capital/earnings-on-forex/ Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 12 Wall Street research analysts have issued 1 year price targets for Six Flags Entertainment’s shares.

The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Flash forward to today, the following animated chart covering the period from 6 April 2023 through 12 May 2023 reveals that recovery has continued, but has followed a rocky road.

That’s in line with the 1.4 million expected by analysts polled by Dow Jones. The firm now rates Wynn Resorts stock as overweight with 31% upside compared to current trading levels. Barclays also highlighted the company’s performance in its Las Vegas properties.

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In its fiscal second quarter, the company reported $2.12 in earnings per share without items and $1.39 billion in revenue. By comparison, analysts polled by FactSet expected $1.96 per share and revenue to come in slightly lower at $1.38 billion. The SPDR S&P Regional Banking ETF (KRE) climbed 7.4% in midday trading, with PacWest leading the charge among regional banks with a gain of nearly 23%.

The Technology Select Sector SPDR Fund (XLK) rose 1.2%, hitting a 52-week high. It’s the third straight session that the fund reached that milestone. Sam Stovall, chief investment strategist at CFRA Research, said he expects that markets are stuck in neutral, even as the news becomes “more and more optimistic” on the debt ceiling. He cited recent trends in the 10-year Treasury yield, as well as strength indicators in the S&P 500.

The Company engaged in the ownership and operation of theme parks located in geographically diverse markets across the United States, as well as parks located in Belgium, France, Mexico, and The Netherlands. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests.

Is It Time to Buy SIX? Shares are up today.

It’s no wonder the prospects for more bank failures are weighing on the outlook for the S&P 500’s dividends. Indexes in China fell, while Japan’s Nikkei 225 gained 0.8% to top for the first time since 2021. Indexes in China fell, while Japan’s Nikkei 225 gained 0.8% to top for the first time since 2021. Singapore’s total trade fell to SG$100.3 billion in April, a 18.8% year-on-year drop and extending the 8.6% decrease in March. On a year-on-year basis however, non-oil domestic exports fell 9.8%, more than the economists’ expectations of 9.4%. The comments come a day after President Joe Biden met with top congressional leaders to try to find a way around the debt impasse.

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Target stock is rising, recently up 2.2%, even after the retailer said sales growth stalled and profit fell in the most recent quarter. Target’s stock is also rising, recently up 2.2%, even after the retailer said sales growth stalled and profit fell in the most recent quarter. The company said to expect between $106.5 million and $107.5 million in revenue and between $39 million and $40 million in adjusted EBITDA for the first fiscal quarter. Both of those estimates were below consensus expectations, with analysts polled by FactSet anticipating revenue at $11.8 million and adjusted EBITDA at $45.4 million. Tech stock Keysight advanced more than 7% after the bell on the back of a strong quarterly earnings report and guidance for the current quarter.

Michael Spanos has an approval rating of 83% among the company’s employees. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Prices, operating schedule and park policies are subject to change without notice. The company operates 27 parks, twenty five in the United States, two in Mexico and one in Montreal, Canada. For 62 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.

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• Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.
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• 12 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Six Flags Entertainment in the last year.

Treasury Secretary Janet Yellen has said that a default could come as early as June 1. Consumer staples and utilities were the only two S&P 500 sectors last trading in negative territory. Consumer staples was down 0.2%, while utilities stocks were just slightly lower. Six Flags surprised investors with first-quarter revenue growth. Six Flags Entertainment’s stock was trading at $23.25 at the beginning of the year. Since then, SIX stock has increased by 12.0% and is now trading at $26.03.

Going into 10 March 2023, the dividend futures for 2023-Q4 stood at $16.99 per share. Then it bounced as high as $16.41 per share on 21 March 2023 before dropping once more to hit its bottom again on 29 March 2023. The WSJ Dollar Index gained 0.3%, on pace to finish higher for the sixth session in the last eight trading days. For the full fiscal year, the company said to expect between $500 million and $506 million in revenue, a range that contains the Wall Street estimate of $501.8 million.

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In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

Barclays upgraded Wynn Resorts stock on Tuesday, and cited the company’s continued performance in Macau as a driver for growth. Biden’s remarks underscore earlier comments from House Speaker Kevin McCarthy, who told CNBC in an interview that he doesn’t think the U.S. will default on its debt. Congressional leaders have been in tense negotiations with the White House over the approaching debt ceiling.

Our research is based on sources that we believe to be reliable. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Past performance is not a guarantee of future results, and a loss of original capital may occur.

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On average, they predict the company’s share price to reach $30.83 in the next twelve months. This suggests a possible upside of 18.5% from the stock’s current price. View analysts price targets for SIX or view top-rated stocks among Wall Street analysts. Target traded more than 2% lower in the premarket after the retailer reported total revenue of $25.32 billion for the first quarter, which represented year-over-year growth of just 1%. To be sure, that revenue figure, along with the company’s earnings per share, exceeded analyst expectations.

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• Quad leaders will not be going ahead with their meeting in Sydney next week, Australia’s prime minister Anthony Albanese said, according to Reuters.
• The company reported 20 cents in earnings per share excluding items, above the 17 cents expected by analysts.

By using this site, you are agreeing to security monitoring and auditing. The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. Six Flags Entertainment Corporation is the world’s largest regional theme park company with $1.5 billion of revenue in 2019 and 27 parks across North America. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. That collapse can best be seen in the CME Group’s quarterly dividend index futures for the S&P 500 (SPX) during the fourth quarter of 2023.

None of the information presented should be construed as an offer to sell or buy any particular security. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Stocks are higher in Wednesday afternoon trading, putting major indexes on track to recover after falling Tuesday, as the deadline nears for lawmakers to resolve the debt-ceiling standoff. Stocks are higher in Wednesday afternoon trading after falling Tuesday, as the deadline nears for lawmakers to resolve the debt-ceiling standoff.

12 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Six Flags Entertainment in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” SIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIX, but not buy additional shares or sell existing shares. The company reported 20 cents in earnings per share excluding items, above the 17 cents expected by analysts. Revenue also beat expectations at $111 million compared with a $110.1 million forecast.

He also noted that the company faces some difficult months ahead. In an exclusive interview with CNBC’s David Faber on the heels of the meeting Tuesday, CEO Elon Musk said he plans to spend more time on Tesla going forward, and devote a large chunk of time toward AI developments. The three major averages jumped to their highs of the day – briefly – after President Joe Biden said that the U.S. will not default on its debts Wednesday morning. The theme park operator is a high-risk, high-reward opportunity for patient investors. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer.