Six Flags: A Rollercoaster Ride for Investors?

Six Flags Entertainment Corporation is currently on the radar of several financial analysts. One of them, Arpine Kocharyan, has kept her recommendation to buy the stock, setting a target price of $40. 00. This is quite a bit higher than where the stock is trading right now, at $23. 79. Kocharyan is known for her work in the Consumer Cyclical sector. She has looked at companies like Peloton Interactive, Six Flags, and Hasbro. Her track record shows an average return of 4. 9% and a success rate of 56. 52% on the stocks she has recommended. Other analysts also seem to like Six Flags. The general feeling among them is to buy the stock, with an average price target of $31. 14. This suggests that they think the stock could go up by about 30. 90% from where it is now. Citi, for example, has also said to buy the stock, with a target price of $33. 00. But it's not all good news. Six Flags recently reported its earnings for the quarter ending in March. The company made $202. 06 million in revenue, but it also had a net loss of $219. 72 million. This is worse than the previous year, when the company made $101. 62 million in revenue and had a smaller net loss of $133. 47 million. Another thing to consider is what the company's insiders are doing. Over the past quarter, there has been more insider selling than buying. This could be a sign that those closest to the company are not as confident about its future.