UPDATE: Six Flags Entertainment (SIX) PT Lowered to $32 at Jefferies, Removed from Franchise Pick List

Six Flags (SIX) Extends Selloff on KeyBanc Downgrade After 'Indefensible' Results

KeyBanc analyst Brett Andress downgraded shares of Six Flags Entertainment (NYSE: SIX) to Sector Weight from Overweight.

Despite Andress not liking reactionary downgrades, the analyst admits Q2 results were indefensible. SIX shares fell over 18% yesterday after delivering Q2 results that showed a drop in... More

Six Flags Entertainment (SIX) PT Lowered to $38 at Deutsche Bank

Deutsche Bank analyst Chris Woronka lowered the price target on Six Flags Entertainment (NYSE: SIX) to $38.00 (from $56.00) while maintaining a Buy rating.... More

Six Flags Entertainment (SIX) PT Lowered to $28 at Stifel

Stifel analyst Steven Wieczynski lowered the price target on Six Flags Entertainment (NYSE: SIX) to $28.00 (from $35.00) while maintaining a Buy rating.... More

Six Flags Entertainment (SIX) PT Lowered to $20 at Truist Securities

Truist Securities analyst Michael Swartz lowered the price target on Six Flags Entertainment (NYSE: SIX) to $20.00 (from $32.00) while maintaining a Hold rating.... More

Six Flags Entertainment (SIX) PT Lowered to $28 at Rosenblatt

Rosenblatt analyst Barton Crockett lowered the price target on Six Flags Entertainment (NYSE: SIX) to $28.00 (from $56.00) while maintaining a Buy rating.... More

UPDATE: KeyBanc Downgrades Six Flags Entertainment (SIX) to Sector Weight

(Updated - August 12, 2022 5:19 AM EDT)

KeyBanc analyst Brett Andress downgraded Six Flags Entertainment (NYSE: SIX) from Overweight to Sector Weight.

The analyst comments "We dislike reactionary downgrades, but we had couched 2Q as a put up or shut up quarter,... More

Six Flags (SIX) Trends Down More that 20% After 2Q Report

Six Flags Entertainment Corporation (NYSE: SIX) is down 22.5% in mid-day trading Thursday after the company reported 2Q results and offered forward-looking commentary during the earnings call.

The amusement park company reported 2Q sales of $435 million, $89 million short of the consensus projection of $524 million. 2Q attendance of 6.7M visits was 1.2M short of the Streets ~7.9M visit estimate. This is down 22% Y/Y and equates to a 37% decline vs. 2Q19.

SIX reported an adjusted EBITDA of $155 million, missing the analyst consensus of $198 million. 1H22 EBITDA is tracking -$8.3M vs. 2019, tracking... More

Pre-Open Movers: Disney Surges After Subscriber Adds Beat, Six Flags Shares Fall

Vacasa, Inc. (NASDAQ: VCSA) +25%; reported Q2 EPS of $0.02, $0.20 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $310 million versus the consensus estimate of $285.46 million.

Veru, Inc. (NASDAQ: VERU) +20%; announced financial results for its fiscal 2022 third quarter ended June 30, 2022, and sabizabulin for COVID progress towards regulatory decisions in key... More

CFRA Downgrades Six Flags Entertainment (SIX) to Hold

CFRA downgraded Six Flags Entertainment (NYSE: SIX) from Buy to Hold with a price target of $24.00 (from $47.00).

For an analyst ratings summary and ratings history on Six Flags Entertainment click here. For more ratings news on Six Flags Entertainment click here.

Shares of Six Flags Entertainment closed at $25.81 yesterday.

Six Flags Entertainment (SIX) Misses Q2 EPS by 51c

Six Flags Entertainment (NYSE: SIX) reported Q2 EPS of $0.53, $0.51 worse than the analyst estimate of $1.04. Revenue for the quarter came in at $435 million versus the consensus estimate of $527.45 million.

For earnings history and earnings-related data on Six Flags Entertainment (SIX) click here.