B. Riley Securities lowered the price target for the Six Flags Entertainment Corporation (NYSE:SIX) stock from “a Buy” to “a Neutral”. The rating was released on June 21, 2022, according to finviz. The research report from Deutsche Bank has upgraded the stock from Hold to Buy, with a price target set at $57. The stock was initiated by Citigroup, who disclosed in a research note on February 10, 2022, to Buy and set the price objective to $54. In their research brief published January 18, 2022, Oppenheimer analysts upgraded the Six Flags Entertainment Corporation stock from Perform to Outperform with a price target of $54.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Six Flags Entertainment Corporation (NYSE:SIX) dipped -2.50% to close Thursday’s market session at $21.02, lower as compared to yesterday’s close. The stock price fluctuated between $20.06 and $21.75 throughout the trading session with the volume trading being 4280116 shares, which represented a significant variation when compared to the three months average volume of 2.15 million shares. The firm’s stock price fluctuated -8.89% within the last five trades and -24.93% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -50.63% in the last 6 months and -51.17% was subtracted to its value over the previous 3 months. SIX stock is trading at a margin of -20.80%, -34.33% and -46.67% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, SIX deals in the Consumer Cyclical domain. The stock is trading -55.50 percent below its 52-week high and 5.58 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -62.1. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Six Flags Entertainment Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 28.10 percent and the profit margin is 10.30 percent, and the company has reported a gross margin of 91.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.67 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Six Flags Entertainment Corporation (NYSE:SIX) is 11.49. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 7.13. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.07 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.80 percent of Six Flags Entertainment Corporation shares are owned by insiders, and 93.50 percent are held by financial institutions. Mick Gary, the CHIEF FINANCIAL OFFICER at Six Flags Entertainment Corporation (SIX) has bought 1,325 shares of firm on Jun 15 at a price of $23.82 against the total amount of $31562.0. In another inside trade, Mick Gary, CHIEF FINANCIAL OFFICER of Six Flags Entertainment Corporation (NYSE:SIX) bought 1,000 shares of the firm on Jun 14 for a total worth of $22720.0 at a price of $22.72. An inside trade which took place on Jun 13, CHIEF FINANCIAL OFFICER of Six Flags Entertainment Corporation Mick Gary bought 1,000 shares of firm against total price of $24345.0 at the cost of $24.34 per share.