Six Flags Entertainment Corp (SIX) is Initiated by Hilliard Lyons to Long-term Buy

Six Flags Entertainment Corp (SIX) was Initiated by Hilliard Lyons to “Long-term Buy”. Hilliard Lyons advised their investors in a research report released on Aug 23, 2016.

On the company’s financial health, Six Flags Entertainment Corp reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.69. The company had revenue of $407.07 million for the quarter, compared to analysts expectations of $409.30 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Six Flags Entertainment Corp closed down -0.75 points or -1.47% at $50.1 with 7,11,715 shares getting traded on Friday. Post opening the session at $50.82, the shares hit an intraday low of $50.06 and an intraday high of $50.82 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jul 27, 2016, Lance C Balk (Exec. VP and General Counsel) sold 20,000 shares at $59.11 per share price. According to the SEC, on Jun 9, 2016, Usman Nabi (director) sold 658,228 shares at $58.45 per share price. On May 31, 2016, Stephen D Owens (director) sold 7,000 shares at $58.51 per share price, according to the Form-4 filing with the securities and exchange commission.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these 16 are located in the United States one is located in Mexico City Mexico and one is located in Montreal Canada. Its parks generally offer a selection of thrill rides water attractions themed areas concerts and shows restaurants game venues and retail outlets. The Company’s parks offer approximately 800 rides including over 130 roller coasters. Its parks include Six Flags America Six Flags Discovery Kingdom Six Flags Fiesta Texas Six Flags Great Adventure & Safari Six Flags Great America Six Flags St. Louis Six Flags Magic Mountain Six Flags Mexico Six Flags New England Six Flags Over Georgia Six Flags Whitewater Atlanta Six Flags Over Texas La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.

Six Flags Entertainment Corp

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