How to Buy Six Flags Entertainment Stock
Six Flags Entertainment Corp
Six Flags Entertainment is a leisure company located in Texas, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SIX on the NYSE exchange.
Six Flags Entertainment stock last closed at $24.72, up 3.04% from the previous day, and has increased 8.9% in one year. It has overperformed other stocks in the Leisure industry by 0.24 percentage points. Six Flags Entertainment stock is currently +35.16% from its 52-week low of $18.29, and -14.73% from its 52-week high of $28.99.
There are currently 84.13M SIX shares outstanding. The market cap of SIX is $2.08B. In the last 24 hours, 1.05M SIX shares were traded.
How to Buy Six Flags Entertainment Stock
Wondering how to invest in Six Flags Entertainment stock? Here's how.
- Figure out where to buy Six Flags Entertainment stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Six Flags Entertainment stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Analyze Six Flags Entertainment stock: The Six Flags Entertainment ticker symbol is SIX. Is Six Flags Entertainment stock a good investment? Should you buy shares of SIX? How do SIX's underlying business fundamentals look? Do top analysts think Six Flags Entertainment is a good buy? Why has SIX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if SIX is a good stock to buy).
- Place your SIX purchase: Decide if you will purchase SIX shares at the current market price or use a limit order to buy SIX stock at a particular price.
- Get the latest news on your investment in SIX: Create a watchlist to monitor your new investment in Six Flags Entertainment stock.
Step 1: Figure out where to buy Six Flags Entertainment stock
You need an online brokerage account to access the NYSE market and buy SIX shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can buy SIX stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on app for stock, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring funds into your investment account.
Step 4: Analyze Six Flags Entertainment stock
Once you have decided on the best place to buy Six Flags Entertainment stock, it's crucial to analyze their stock prior to buying, so you actually comprehend the risk as well as the upside.
Six Flags Entertainment Metrics
Fundamentals of Six Flags Entertainment
WallStreetZen was designed to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on SIX's stock page.
What is the fair value of SIX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge SIX's true value.
Using relative valuations measures:
- SIX could be overvalued based on its P/E ratio of 52.6x, relative to Leisure industry P/E ratio of 14.77x
- SIX could be undervalued based on its PEG ratio of 0.29x
You can do more valuation research on SIX's stock here.
How do SIX Financials look?
Signs that SIX is not financially healthy:
- There are more short-term liabilities than short-term assets on the SIX balance sheet.
- SIX profit margin has gone down from 7.5% to 2.7% in the past year.
- SIX's operating cash flow of $257.47M allows it to safely service it's debt of $2.53B.
- SIX earnings of $219.55M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the SIX balance sheet.
- SIX debt to equity ratio of -3.44 is negative.
- Total SIX debt is still negative.
Is it a good time to buy Six Flags Entertainment stock, according to Wall Street analysts?
Out of 8 sell side analysts who monitor SIX, the consensus analyst rating on Six Flags Entertainment is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest SIX Analyst Recommendations
Barton Crockett, a top 9% analyst from Rosenblatt downgrades SIX to a hold rating and lowers their SIX price target from $32.00 to $25.00, on Nov 21, 2023.
David Katz, a top 17% analyst from Jefferies upgrades SIX to a strong buy rating and raises their SIX price target from $25.00 to $32.00, on Nov 20, 2023.
Noah Zatzkin, a bottom 9% analyst from KeyBanc maintains SIX with a strong buy rating and lowers their SIX price target from $31.00 to $28.00, on Nov 6, 2023.
You can dig deeper into what analysts are projecting on the Six Flags Entertainment stock forecast page.
Metrics for Advanced SIX Traders
Is SIX Making Money?
Last year, SIX earnings were $39.00M. Over the past 5 year, SIX's earnings have grown by -32.2% per year. This was slower than the Leisure industry average of 80.64%.
Last year, SIX revenue was $1.43B. In the last five year, SIX's revenue has grown by -0.52% per year. This was slower than the Leisure industry average of 18.92%.
You can analyze SIX's earnings and revenue performance here.
Latest Insiders Trades at SIX
In the last 12 months, executives and large shareholders at SIX have bought more shares than they have sold.
Selim A. Bassoul, President CEO of SIX, was the latest SIX insider to sell. They sold $5,670,869.75 worth of SIX shares on Dec 20, 2023.
Learn more about who owns SIX shares here.
Does SIX provide a stable income stream?
No, Six Flags Entertainment doesn't provide an income stream by paying out dividends.
What do other traders have to say about SIX?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your SIX purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in SIX
Now that you own some SIX shares, you'll want to keep up with your investment.
Create a watchlist to get alerted to the latest events about your SIX stock.
SIX Feed
How to Buy Stock in Six Flags Entertainment
To summarize, here are the 6 steps you need to take to buy Six Flags Entertainment stock right now:
- Figure out where to buy Six Flags Entertainment stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Six Flags Entertainment stock
- Place your SIX purchase
- Get the latest news on your investment in SIX
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Six Flags Entertainment, add SIX to your watchlist below.
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