Six Flags Entertainment (NYSE:FUN) Rating Increased to Neutral at JPMorgan Chase & Co.

Six Flags Entertainment (NYSE:FUN) was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Friday, MarketBeat reports. The brokerage currently has a $26.00 price target on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 14.06% from the company’s previous close.

FUN has been the subject of a number of other research reports. Truist Financial upped their price objective on Six Flags Entertainment from $23.00 to $27.00 and gave the company a “buy” rating in a report on Thursday, March 26th. Oppenheimer lowered their price target on Six Flags Entertainment from $40.00 to $26.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Barclays reiterated an “overweight” rating and issued a $22.00 price target on shares of Six Flags Entertainment in a research report on Monday, February 23rd. Weiss Ratings upgraded shares of Six Flags Entertainment from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Finally, Morgan Stanley set a $18.00 target price on shares of Six Flags Entertainment in a research note on Friday, February 20th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.15.

Six Flags Entertainment Price Performance

Shares of FUN stock opened at $22.80 on Friday. The firm’s 50 day moving average price is $17.84 and its two-hundred day moving average price is $17.28. The company has a debt-to-equity ratio of 9.40, a quick ratio of 0.59 and a current ratio of 0.69. Six Flags Entertainment has a 52-week low of $12.51 and a 52-week high of $38.47. The stock has a market cap of $2.32 billion, a PE ratio of -1.44 and a beta of 0.35.

Six Flags Entertainment (NYSE:FUN) last issued its earnings results on Thursday, February 19th. The company reported ($0.91) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.60). The business had revenue of $650.09 million for the quarter, compared to the consensus estimate of $602.68 million. Six Flags Entertainment had a negative net margin of 51.58% and a positive return on equity of 3.77%. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. As a group, analysts forecast that Six Flags Entertainment will post -0.39 EPS for the current year.

Hedge Funds Weigh In On Six Flags Entertainment

A number of large investors have recently added to or reduced their stakes in FUN. Northwestern Mutual Wealth Management Co. raised its stake in shares of Six Flags Entertainment by 259.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the company’s stock valued at $30,000 after purchasing an additional 722 shares during the period. Danske Bank A S acquired a new stake in Six Flags Entertainment in the 3rd quarter valued at approximately $27,000. Ameritas Advisory Services LLC bought a new stake in Six Flags Entertainment in the 3rd quarter valued at approximately $30,000. Atlas Wealth LLC acquired a new position in Six Flags Entertainment during the 1st quarter worth approximately $26,000. Finally, CoreCap Advisors LLC boosted its position in Six Flags Entertainment by 145.5% during the 4th quarter. CoreCap Advisors LLC now owns 1,645 shares of the company’s stock worth $25,000 after acquiring an additional 975 shares during the last quarter. Institutional investors own 64.65% of the company’s stock.

Key Headlines Impacting Six Flags Entertainment

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

• Positive Sentiment: Q1 operating beat: Revenue rose 12% year-over-year to $225.6M, attendance increased ~4% to 2.9M visits, and per-capita spending grew ~6% to $69.26 — management cited effective pricing and an improved ticket mix as key drivers. These topline and mix gains are the primary reason the stock rallied. Q1 Press Release
• Positive Sentiment: Market reaction and commentary: Coverage and market headlines highlight the company’s ability to lean on higher pricing and increased in-park spending, prompting a near-term share rally as investors reward better-than-expected demand trends. Yahoo: Revenue Tops Estimates
• Neutral Sentiment: Analyst write-ups and call details: Earnings call transcript and analyst notes dig into seasonality, pricing cadence and park-level performance — useful for modeling but not a fresh catalyst by themselves. (Transcript and analysis available.) Earnings Call Transcript
• Neutral Sentiment: Strategic context: This report is the first since the company completed park sales earlier this year; management is positioning a smaller portfolio to deliver higher per-park profitability — investors should track how divestitures affect full-year guidance and free cash flow. ExpressNews: First Report Since Park Sales
• Negative Sentiment: Leadership changes: The company announced leadership transitions including the CFO preparing to exit — a near-term governance/risk flag that could increase uncertainty until replacements are settled. Business Wire: Leadership Transitions
• Negative Sentiment: Mixed analyst stance: JPMorgan raised its price target to $16 but maintained an “underweight” stance (PT still well below the current share price), signaling lingering analyst skepticism about valuation and the sustainability of margin recovery. JPMorgan PT Report
• Negative Sentiment: Financial risks remain: The company still shows very high leverage and reported negative net margins (large past losses), so upside from the beat is balanced by structural profitability and balance-sheet risks — monitor cash flow and debt-reduction progress. Zacks: Key Metrics

Six Flags Entertainment Company Profile

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.