Six Flags Entertainment Corp (SIX): Today's Featured Leisure Loser

Six Flags Entertainment ( SIX) pushed the Leisure industry lower today making it today's featured Leisure loser. The industry as a whole closed the day up 0.6%. By the end of trading, Six Flags Entertainment fell 55 cents (-1.1%) to $47.44 on heavy volume. Throughout the day, 490,820 shares of Six Flags Entertainment exchanged hands as compared to its average daily volume of 292,300 shares. The stock ranged in price between $47.20-$48 after having opened the day at $47.88 as compared to the previous trading day's close of $47.99. Other company's within the Leisure industry that declined today were: Good Times Restaurants ( GTIM), down 17.4%, Famous Dave's of America ( DAVE), down 10%, Cosi ( COSI), down 7.9%, and Nevada Gold & Casinos ( UWN), down 6.9%.

Six Flags Entertainment Corporation owns and operates regional theme, water, and zoological parks. The company's parks offers various selection of state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. Six Flags Entertainment has a market cap of $2.49 billion and is part of the services sector. Shares are up 16.4% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Six Flags Entertainment a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Six Flags Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Caesars Entertainment ( CZR), up 9.8%, Dover Downs Gaming & Entertainment ( DDE), up 7.1%, Canterbury Park Holding Corporation ( CPHC), up 6.4%, and Century Casinos ( CNTY), up 4.9%, were all gainers within the leisure industry with McDonald's Corporation ( MCD) being today's featured leisure industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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