Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Six Flags Entertainment Corporation    SIX

SIX FLAGS ENTERTAINMENT CORPORATION

(SIX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

SIX FLAGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Six Flags Entertainment Corporation - SIX

share with twitter share with LinkedIn share with facebook
share via e-mail
02/14/2020 | 10:51pm EST

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 13, 2020 to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation (NYSE: SIX), if they purchased the Company’s shares between April 25, 2018 and January 9, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Texas.

What You May Do

If you purchased shares of Six Flags and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-six/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 13, 2020.

About the Lawsuit

Six Flags and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On January 10, 2020, pre-market, the Company disclosed a range of negative information including difficulties and delays with the development of its parks in China and that its exclusive partner in the China projects, Chinese real estate developer, Riverside Investment Group Co. Ltd., had defaulted on its payment obligations to Six Flags. As a result, the Company would realize no revenue from its agreements with Riverside in the fourth quarter of 2019 and expected to make a negative $1 million revenue adjustment as well as one-time charges totaling approximately $10 million.

On this news, the price of Six Flags’ shares plummeted nearly 18% on high trading volume.

The case is Electrical Workers Pension Fund, Local 103, I.B.E.W. v. Six Flags Entertainment Corporation, 3:20-cv-00346.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SIX FLAGS ENTERTAINMENT CO
11:01aSIX FLAGS ENTERTAINMENT : ROSEN, NATIONAL TRIAL LAWYERS, Reminds Six Flags Enter..
BU
02/21DEADLINE REMINDER : The Law Offices of Howard G. Smith Reminds Investors of Loom..
BU
02/20SIX FLAGS ClaimsFiler Reminds Investors With Losses in Excess Of $100,000 of ..
BU
02/20Domino's Pizza, E-Trade rise, Boston Beer, Six Flags fall
AQ
02/20SIX FLAGS ENTERTAINMENT : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL COND..
AQ
02/20INVESTIGATION ALERT : The Schall Law Firm Announces it is Investigating Claims A..
BU
02/20SIX INVESTOR ALERT : April 13, 2020 Filing Deadline in Class Action – Cont..
BU
02/20SIX FLAGS ENTERTAINMENT : Investor Presentation February 2020
PU
02/20SIX FLAGS : 4Q Earnings Snapshot
AQ
02/20SIX FLAGS ENTERTAINMENT CORP : Results of Operations and Financial Condition, Ot..
AQ
More news
Financials (USD)
Sales 2020 1 475 M
EBIT 2020 347 M
Net income 2020 146 M
Debt 2020 2 101 M
Yield 2020 3,06%
P/E ratio 2020 19,1x
P/E ratio 2021 17,0x
EV / Sales2020 3,30x
EV / Sales2021 3,30x
Capitalization 2 762 M
Chart SIX FLAGS ENTERTAINMENT CORPORATION
Duration : Period :
Six Flags Entertainment Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SIX FLAGS ENTERTAINMENT CO
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 38,18  $
Last Close Price 32,63  $
Spread / Highest target 93,1%
Spread / Average Target 17,0%
Spread / Lowest Target -14,2%
EPS Revisions
Managers
NameTitle
Michael Spanos President, Chief Executive Officer & Director
Richard W. Roedel Non-Executive Chairman
Marshall Barber Chief Financial Officer & Executive Vice President
David Austin Chief Information Officer & SVP-Information System
Kurt Matthew Cellar Independent Director
Sector and Competitors