.jpg "Six Flags (NYSE: SIX)")
Today, a Director at Six Flags (NYSE: SIX), Richard Roedel, bought shares of SIX for $249.8K.
Following this transaction Richard Roedel’s holding in the company was increased by 10.02% to a total of $3.87 million. This is Roedel’s first transaction since reporting a Buy transaction on LUNA back in August 2016
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Based on Six Flags’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $445 million and quarterly net profit of $74.5 million. In comparison, last year the company earned revenue of $422 million and had a net profit of $52.03 million. SIX’s market cap is $5.31B and the company has a P/E ratio of 18.68. Currently, Six Flags has an average volume of 909.5K.
12 different firms, including B.Riley FBR and Credit Suisse, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $75.71, reflecting a -14.8% downside. Starting in July 2018, SIX received 5 Buy ratings in a row.
The insider sentiment on Six Flags has been positive according to 51 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Six Flags Entertainment Corp. engages in the business of operating regional theme parks. It operates under the brand name Six Flags, which offers thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX.
