Trade-Ideas LLC identified

Six Flags Entertainment

(

SIX

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Six Flags Entertainment as such a stock due to the following factors:

  • SIX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $34.1 million.
  • SIX has traded 214,629 shares today.
  • SIX is trading at a new lifetime high.

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More details on SIX:

Six Flags Entertainment Corporation owns and operates regional theme and water parks. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The stock currently has a dividend yield of 4.3%. SIX has a PE ratio of 44. Currently there are 5 analysts that rate Six Flags Entertainment a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Six Flags Entertainment has been 768,900 shares per day over the past 30 days. Six Flags Entertainment has a market cap of $4.9 billion and is part of the services sector and leisure industry. The stock has a beta of 1.30 and a short float of 7% with 7.91 days to cover. Shares are up 24.2% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Six Flags Entertainment as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Highlights from the ratings report include:

  • SIX's revenue growth has slightly outpaced the industry average of 1.3%. Since the same quarter one year prior, revenues slightly increased by 6.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Hotels, Restaurants & Leisure industry and the overall market, SIX FLAGS ENTERTAINMENT CORP's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income increased by 49.8% when compared to the same quarter one year prior, rising from $105.03 million to $157.30 million.
  • Net operating cash flow has increased to $240.52 million or 13.48% when compared to the same quarter last year. In addition, SIX FLAGS ENTERTAINMENT CORP has also modestly surpassed the industry average cash flow growth rate of 7.39%.
  • The gross profit margin for SIX FLAGS ENTERTAINMENT CORP is rather high; currently it is at 65.89%. Regardless of SIX's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, SIX's net profit margin of 27.34% significantly outperformed against the industry.

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