Six Flags Continues To Execute, But The Moat Isn't Worth This Much
Six Flags Flying High, But The Price Of Admission Is Steep
Six Flags: Where The Wind Is At Your Back, Not In Your Face
Thu, Mar. 3, 9:45 AM
- Six Flags (NYSE:SIX) inks a deal with Samsung (OTC:SSNLF, OTC:SSNNF) to make the company its official technology partner.
- The partnership will include the companies working together to introduce Oculus-powered virtual reality roller coasters at nine Six Flags theme parks. The new technology will be introduced on March 10 at the Shock Wave coaster in the Arlington, Texas park.
- Six Flags CEO John Duffey calls VR a "game-changer" for the theme park industry. Earlier this year at CES, a sneak preview of a VR roller coaster created a buzz even amid the other futuristic gadgets and concepts on display.
- Cedar Fair (NYSE:FUN) is also working on VR roller coasters.
Mon, Feb. 29, 8:46 AM
- Disney (NYSE:DIS) moves to a seasonal ticket pricing set-up that will divide the year into value, regular, and peak periods. The new rates will apply to one-day tickets only.
- The development is seen helping to spread out visitations for Disney and could impact pricing strategies at Six Flags (NYSE:SIX), Cedar Fair (NYSE:FUN), and SeaWorld Entertainment (NYSE:SEAS).
Thu, Feb. 18, 8:49 AM
- Six Flags (NYSE:SIX) reports revenue rose 22% on a constant currency basis in Q4.
- Revenue break-up: Theme park admissions: $114.52M (+19.8%); Theme park food, merchandise and other: $82.53M (+17%); Sponsorship, licensing and other fees: $17.57M (+18.6%); Accommodations revenue: $2.84M (+2.6%).
- The company's Active Pass Base increased 26% Y/Y.
- Attendance grew 22% to 5.2M guests for the quarter
- Total guest spending per capita fell 3% to $37.87 per visitor.
- SIX +0.84% premarket.
Thu, Feb. 18, 7:24 AM
Thu, Feb. 18, 7:03 AM
Wed, Feb. 17, 5:30 PM
- AAN, AAWW, AGIO, ALE, BCC, CAB, CBB, CHH, COT, CVI, CVRR, DAN, DISCA, DISH, DNR, DUK, EIGI, ETR, GEL, GOV, H, HCN, HII, HOT, IDA, IDCC, IQNT, IRT, LDOS, LH, MFA, MGM, MNTA, MPEL, MTRN, MZOR, NHI, NI, ONE, PAAS, PCG, POOL, PPP, PRGO, RS, SCG, SIX, SODA, SYNT, TK, TNK, TTC, UAN, UPL, VA, VAL, WAB, WM, WMT, WST
Wed, Feb. 17, 10:26 AM
- Consumer discretionary stocks associated with travel are higher as investors load up on some beat-up names after Priceline reported strong bookings growth.
- There's also a general sentiment that recession fears on Wall Street, don't necessarily add up to panic on main street.
- Notable gainers include InterContinental Hotels Group (IHG +5.4%), Stay America (STAY +4.5%), Marriott International (MAR +3%), Starwood Hotels & Resorts (HOT +3.4%), Caesars Entertainment (CZR +8.5%), Norwegian Cruise Line Holdings (NCLH +6.8%), Diamond Resorts International (DRII +6.3%), MGM Resorts (MGM +2.8%), United Continental (UAL +3.6%), Spirit Airlines (SAVE +5.6%), Delta Air Lines (DAL +3.3%), American Airlines Group (AAL +2.6%), Virgin America (VA +4.1%), Marriott Vacations (VAC +2.7%), Hyatt Hotels (H +3.2%), Wyndham Worldwide (WYN +3.4%), Southwest Airlines (LUV +3.6%), and Six Flags (SIX +3.2%).
- Previously: Priceline rallies after earnings shine (Feb. 17 2016)
- Previously: Priceline beats by $0.83, beats on revenue (Feb. 17 2016)
- Previously: Expedia, TripAdvisor rally following Priceline's Q4 beat, bookings improvement (Feb. 17 2016)
Thu, Feb. 4, 8:17 AM
- Six Flags (NYSE:SIX) declares $0.58/share quarterly dividend, in line with previous.
- Forward yield 4.69%
- Payable March 7; for shareholders of record Feb. 16; ex-div Feb. 11.
Tue, Jan. 19, 7:36 AM
- Six Flags (NYSE:SIX) broke ground on its first theme park in China
- The company is partnering with Riverside Investment Group on the project.
- The park located outside of Shanghai is expected to be opened to traffic in 2019.
Dec. 30, 2015, 10:10 AM
- Though retail sales in the U.S. have disappointed across a number of categories this year, the theme park sector has quietly outperformed broad market averages.
- Lower gas prices in the U.S. and some improvement on the employment front have helped to drive guest spending and traffic at theme parks even as ticket prices were raised. The YTD returns at Six Flags (+27%), Cedar Fair (+17%), SeaWorld Entertainment (+13%) are all much higher than the meager 1% gain in the S&P 500 Index. The theme park segment at Disney (NYSE:DIS) has also been a profit driver, helping to lift the House of Mouse's shares 13% this year.
- If the scope is widened outside of theme parks a bit - Royal Caribbean (+24%), Carnival (+22%), and Dave & Buster's Entertainment (+54%) are all showing outsized gains this year which could be partially attributed to low gas prices.
- Consumer-happy stocks: SIX, FUN, SEAS, DIS, RCL, CCL, PLAY.
Dec. 17, 2015, 11:41 AM
- Six Flags (SIX +0.3%), Cedar Fair (FUN -0.9%), Universal, and SeaWorld Entertainment (SEAS -0.1%) are expected to follow Disney's lead in adding extra security to their amusement parks. Metal detectors may become more common.
- The measures could add some incremental costs to park operations.
- Sector check: Solid traffic and pricing trends have helped to lift the amusement park stocks this year. Six Flags (+24%), Cedar Fair (+14%), and SeaWorld (+6%) are all ahead of the S&P 500 Index.
Dec. 8, 2015, 4:37 PM
- Credit Suisse updated its list of favorite consumer discretionary stocks after factoring in consumer spending trends.
- Apparel & Footwear: Acquisitions and a mix shift toward premium products could help lift shares of Hanesbrands (NYSE:HBI), according to the investment firm.
- Autos & Auto Parts: Magna International (NYSE:MGA) is well-positioned due the trend toward "vehicle globalization."
- Gaming & Lodging: Six Flags (NYSE:SIX) has an attractive dividend yield and could see pricing gains.
- Homebuilding & Building Products: Caesarstone (NASDAQ:CSTE) is poised to see “significant" revenue and EBITDA growth over the next several years.
- Media, Cable & Satellite: Time Warner (NYSE:TWX) is called a value pick as the underlying business looks under-appreciated if the valuation of HBO is stripped away.
- Packaged Food: The risk-reward profile on Kellogg Company (NYSE:K) sets it apart from peers.
- Retail, Broadlines & Department Stores: Consistency continues to reign supreme at Costco (NASDAQ:COST).
- Retail, Food & Drug: Comp sales are improving at Dollar General (NYSE:DG). An aggressive share repurchase strategy also provides investors a backstop.
- Retail, Hardlines: Home Depot Inc (NYSE:HD) is tapped to outperform with the right management team in the right business.
- Restaurants: Perhaps the biggest surprise of the bunch, McDonald's (NYSE:MCD) is given the nod by CS. Same-store sales improvement is expected.
Nov. 24, 2015, 1:49 PM
- A global travel warning issued by the U.S. Department is impacting several sectors. Hotel stocks are notably weaker, while amusement park stocks are also trailing broad market averages. Airlines are feeling a double whammy from travel demand concerns and a 3% rise in crude oil futures.
- In some cases the sell-off appears to be an overreaction with little evidence in that travel habits will change dramatically, according to some analysts.
- Decliners include Hyatt Hotels (H -1.5%), Hilton Worldwide (HLT -1.1%), Marriott International (MAR -1.8%), JetBlue (JBLU -1.7%), Delta Air Lines (DAL -3.3%), American Airlines Group (AAL -2.4%), United Continental (UAL -3.2%), Allegiant Travel (ALGT -5.3%), Spirit Airlines (SAVE -4.1%), Southwest Airlines (LUV -2.7%), Six Flags (SIX -1.0%), Cedar Fair (FUN -1.0%), Disney (DIS -0.9%), and Sabre (SABR -3.9%), Virgin Amerinca (VA -2.5%), Alaska Air Group (ALK -1.5%).
- Previously: PCLN, EXPE, TRIP sell off after State Department issues travel warning (Nov. 24)
Nov. 3, 2015, 5:07 PM
- Six Flags (NYSE:SIX) declares $0.58/share quarterly dividend, 11.5% increase from prior dividend of $0.52.
- Forward yield 4.47%
- Payable Dec. 14; for shareholders of record Dec. 2; ex-div Nov. 30.
Oct. 19, 2015, 4:23 PM
- Six Flags (NYSE:SIX): Q3 EPS of $1.64 misses by $0.02.
- Revenue of $575M (+6.1% Y/Y) beats by $16.51M.
Oct. 18, 2015, 5:35 PM
Six Flags Entertainment Corp. engages in the business of operating regional theme parks. The company's parks operate under the brand name of Six Flags, which offers state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and... More
Industry: General Entertainment
Country: United States
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