UBS Downgrades Six Flags to Buy with PT Cut to $34.

UBS Downgrades Six Flags to Buy with PT Cut to $34.

UBS Group has downgraded Six Flags Entertainment from a "buy" rating to a "buy" rating, reducing its price target from $49.00 to $34.00. This adjustment follows recent earnings reports and analyst revisions.

Six Flags Entertainment reported an earnings miss with an EPS of $0.26, significantly below the consensus estimate of $0.79. Despite a year-over-year revenue increase of 62.8%, the company's financial performance has not met expectations. This has led several analysts to revise their price targets downward.

JPMorgan Chase & Co. has lowered its price target for Six Flags from $33.00 to $24.00, indicating a potential downside of 6.67% from its current stock price. Citigroup has adjusted its estimate to $37.00, while Morgan Stanley has set its target at $43.00. Despite these changes, a majority of analysts maintain a "Moderate Buy" rating.

UBS Group's downgrade and price target reduction come as part of a broader trend of analyst revisions. Other analysts have also lowered their targets, with Wall Street Zen cutting Six Flags from a "hold" rating to a "sell" rating. Despite these changes, the stock has an average rating of "Moderate Buy" and an average target price of $39.50.

Six Flags Entertainment's stock has seen significant volatility, trading down $0.65 to $25.72 on Thursday, August 14. The company's debt-to-equity ratio is 2.97, and its 50-day and 200-day moving averages are $30.14 and $35.12, respectively. The company has a market capitalization of $2.60 billion and a PE ratio of -5.30.

Investors should closely monitor Six Flags Entertainment's financial performance and analyst revisions as the company works to meet market expectations. The stock's recent earnings miss and analyst downgrades suggest potential downside risk.

References:
[1] https://www.marketbeat.com/instant-alerts/jpmorgan-chase-co-cuts-six-flags-entertainment-nysefun-price-target-to-2400-2025-08-14/