Citizens Jmp Cuts Six Flags Entertainment (NYSE:FUN) Price Target to $24.00

Six Flags Entertainment (NYSE:FUN) had its price objective dropped by equities research analysts at Citizens Jmp from $29.00 to $24.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price target indicates a potential upside of 53.75% from the stock’s previous close.

Several other brokerages also recently issued reports on FUN. Barclays restated an “overweight” rating on shares of Six Flags Entertainment in a research note on Friday. The Goldman Sachs Group set a $15.00 price target on shares of Six Flags Entertainment in a research report on Friday. Zacks Research raised shares of Six Flags Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Monday. Mizuho set a $10.00 price target on shares of Six Flags Entertainment and gave the stock an “underperform” rating in a research report on Friday. Finally, UBS Group raised their price target on shares of Six Flags Entertainment from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $23.14.

Six Flags Entertainment Stock Performance

Shares of Six Flags Entertainment stock traded down $0.14 during trading on Friday, reaching $15.61. The company’s stock had a trading volume of 1,256,026 shares, compared to its average volume of 2,176,234. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of -0.96 and a beta of 0.40. The business’s fifty day moving average price is $20.32 and its 200-day moving average price is $18.87. The company has a debt-to-equity ratio of 19.13, a quick ratio of 0.62 and a current ratio of 0.68. Six Flags Entertainment has a one year low of $12.51 and a one year high of $27.37.

Six Flags Entertainment (NYSE:FUN) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.23). Six Flags Entertainment had a positive return on equity of 5.17% and a negative net margin of 52.76%.The business had revenue of $864.92 million during the quarter, compared to the consensus estimate of $928.36 million. As a group, equities research analysts predict that Six Flags Entertainment will post -0.11 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Marilyn G. Spiegel acquired 2,500 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $19.10 per share, for a total transaction of $47,750.00. Following the transaction, the director owned 15,161 shares of the company’s stock, valued at approximately $289,575.10. This represents a 19.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Richard M. Haddrill acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $19.08 per share, for a total transaction of $190,800.00. Following the completion of the transaction, the insider directly owned 230,117 shares in the company, valued at approximately $4,390,632.36. The trade was a 4.54% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 265,000 shares of company stock worth $6,173,850 in the last quarter. Insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On Six Flags Entertainment

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS Group AG boosted its stake in shares of Six Flags Entertainment by 533.4% in the 4th quarter. UBS Group AG now owns 5,279,720 shares of the company’s stock valued at $80,991,000 after purchasing an additional 4,446,104 shares during the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of Six Flags Entertainment during the first quarter worth approximately $2,089,000. Havemeyer Place LP bought a new stake in shares of Six Flags Entertainment during the fourth quarter worth approximately $1,289,000. Knights of Columbus Asset Advisors LLC lifted its holdings in Six Flags Entertainment by 106.9% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 128,276 shares of the company’s stock valued at $1,968,000 after buying an additional 66,263 shares during the period. Finally, ING Groep NV lifted its holdings in Six Flags Entertainment by 70.7% in the fourth quarter. ING Groep NV now owns 1,046,000 shares of the company’s stock valued at $16,046,000 after buying an additional 433,100 shares during the period. Institutional investors own 64.65% of the company’s stock.

Key Six Flags Entertainment News

Here are the key news stories impacting Six Flags Entertainment this week:

• Positive Sentiment: Management outlined a long-term goal of achieving adjusted EBITDA margins in the mid-30% range while reducing leverage to approximately 4x, suggesting potential for improved cash flow and a stronger balance sheet. Six Flags targets mid-30% adjusted EBITDA margins over time while reducing leverage toward approximately 4x
• Positive Sentiment: Six Flags launched 2027 season-pass sales with unlimited visits, free parking and other benefits. Early pass sales could improve revenue visibility and customer retention, though the promotional pricing may limit near-term revenue per guest. Six Flags launches 2027 season-pass sales
• Positive Sentiment: Six Flags Great America announced Camp Timber Trail, a new nine-attraction family area scheduled to open in 2027. The investment is intended to support attendance and spending across future seasons. Six Flags Great America announces Camp Timber Trail
• Neutral Sentiment: Analysts’ average price target indicates substantial potential upside, but price targets are forward-looking and do not offset the company’s latest earnings shortfall or elevated leverage concerns. Six Flags analyst price targets
• Negative Sentiment: Second-quarter results missed expectations: earnings per share were $0.14 versus a $0.37 consensus estimate, while revenue of $864.9 million fell short of the $928.4 million forecast. The disappointing results, along with the company’s negative net margin, are the primary drivers of the selling pressure. Six Flags reports 2026 second-quarter results

About Six Flags Entertainment

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.