5 Stocks Advancing The Leisure Industry

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 60 points (0.4%) at 15,029 as of Tuesday, May 7, 2013, 12:54 PM ET. The NYSE advances/declines ratio sits at 1,907 issues advancing vs. 994 declining with 159 unchanged.

The Leisure industry currently sits up 0.4% versus the S&P 500, which is up 0.3%. A company within the industry that fell today was Starbucks Corporation ( SBUX), up 0.63.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Six Flags Entertainment ( SIX) is one of the companies pushing the Leisure industry higher today. As of noon trading, Six Flags Entertainment is up $2.19 (2.93) to $76.95 on average volume Thus far, 207,120 shares of Six Flags Entertainment exchanged hands as compared to its average daily volume of 489,500 shares. The stock has ranged in price between $74.75-$77.17 after having opened the day at $74.75 as compared to the previous trading day's close of $74.76.

Six Flags Entertainment Corporation owns and operates regional theme, water, and zoological parks. The company's parks offer various 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 $3.6 billion and is part of the services sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 22.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Six Flags Entertainment a buy, no analysts rate it a sell, and 2 rate 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, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Six Flags Entertainment Ratings Report now.

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