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

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Six Flags Entertainment ( SIX) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Six Flags Entertainment fell $0.72 (-2.0%) to $36.04 on average volume. Throughout the day, 996,761 shares of Six Flags Entertainment exchanged hands as compared to its average daily volume of 859,200 shares. The stock ranged in price between $35.64-$36.86 after having opened the day at $36.86 as compared to the previous trading day's close of $36.76. Other companies within the Leisure industry that declined today were: Orbitz Worldwide ( OWW), down 4.8%, Empire Resorts ( NYNY), down 3.9%, Diversified Restaurant Holdings ( BAGR), down 3.5% and Noodles & Co Class A ( NDLS), down 2.8%.

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 $3.5 billion and is part of the services sector. Shares are up 20.1% year to date as of the close of trading on Wednesday. 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Lakes Entertainment ( LACO), up 14.2%, Bally Technologies ( BYI), up 4.6%, Life Time Fitness ( LTM), up 3.3% and Canterbury Park Holding Corporation ( CPHC), up 3.1% , were all gainers within the leisure industry with Las Vegas Sands ( LVS) being today's featured leisure industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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