Six Flags (SIX)

by | May 31, 2023 | Daily Trade Alerts

With summer just around the corner, keep an eye on Six Flags (SIX).

For one, the stock tends to tick higher in the warmer months, with an increase in visitation. In fact, with rising attendance levels, the company is looking for a big summer season this year. Two, it just beat EPS with a penny a share, with a loss of 84 cents. Better, the company surprised analysts with $142.2 million revenue in the quarter. 

Helping, CFO Gary Mick bought 5,000 shares of Six Flags at an average price of $26.62 for $133,100. Also, earlier this month, analysts at Citi raised their price target on SIX to $29 from $26. Deutsche Bank raised its target to $38 from $36. And Truist raised from $24 to $25.


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