Six Flags Entertainment Corporation New (SIX) Company Bio
Six Flags Entertainment owns and operates regional theme and water parks. The company was founded in 1971 and is based in Grand Prairie, Texas.
SIX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SIX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Six Flags Entertainment Corp ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Six Flags Entertainment Corp, consider:
The company has produced more trailing twelve month cash flow than 61.27% of its sector Consumer Cyclical.
Six Flags Entertainment Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 9.68% of tickers in our DCF set.
Six Flags Entertainment Corp's effective tax rate, as measured by taxes paid relative to net income, is at 20 -- greater than 81.26% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
EDUC, JWN, BBGI, ESCA, and MYE can be thought of as valuation peers to SIX, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Shares of amusement park operator Six Flags (NYSE: SIX) closed down 11.8% in Thursday trading after getting hit by an "initiation at sell" recommendation from investment heavyweight Goldman Sachs. Six Flags stock closed above $27 in Wednesday trading, but Goldman Sachs says the stock is only worth $22. After declining in price more than $3 Thursday, the stock is already more than halfway to Goldman's target.
From shutdowns to reopenings and everything in between, the past few months have been a roller coaster for the nation and the stock market. The question is whether people will want to ride the real thing.
Six Flags Entertainment Corporation, (SIX) the largest regional theme park company worldwide and the largest waterpark operator in North America, announced yesterday that Frontier City in Oklahoma City, Oklahoma, will reopen on a limited basis on June 5, 2020. The stock jumped by almost 10% on the news. In accordance with Governor Stitt’s Open Up and Recover Safely Plan (OURS), the park will operate in a preview mode June 5-7 for members and season pass holders only, and then increase attendance levels throughout the month.“Frontier City, like all Six Flags parks, is an outdoor attraction that poses a significantly lower risk of exposure than indoor venues. Our guests are not confined to one space for lengthy periods. Guests move constantly throughout their experience; some are riding r...
GRAND PRAIRIE, Texas--(BUSINESS WIRE)-- #SixFlagsreopening--Six Flags Entertainment Corporation, the world’s largest regional theme park company and the largest operator of waterparks in North America, today announced that Frontier City in Oklahoma City, Oklahoma, will reopen with limited capacity beginning June 5, 2020. In accordance with Governor Stitt’s Open Up and Recover Safely Plan (OURS), and following Mayor Holt’s recent proclamation allowing businesses to reopen, the park will begin operating at reduced at