SIX Stock Summary and Trading Ideas (Six Flags Entertainment New | NYSE:SIX)

Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

Six Flags Entertainment New trades on the NYSE stock market under the symbol SIX.

As of April 22, 2024, SIX stock price climbed to $23.77 with 684,536 million shares trading.

SIX has a beta of 1.74, meaning it tends to be more sensitive to market movements. SIX has a correlation of 0.22 to the broad based SPY ETF.

SIX has a market cap of $1.99 billion. This is considered a Small Cap stock.

Last quarter Six Flags Entertainment New reported $293 million in Revenue and $.18 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.09.

In the last 3 years, SIX stock traded as high as $50.56 and as low as $16.83.

The top ETF exchange traded funds that SIX belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

SIX has underperformed the market in the last year with a price return of -3.1% while the SPY ETF gained +22.3%. SIX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.1% and -6.1%, respectively, while the SPY returned +3.9% and -3.6%, respectively.

SIX support price is $23.01 and resistance is $23.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SIX stock will trade within this expected range on the day.