Six Flags Entertainment Ready to Partner with Universal’s New Frisco Theme Park
January 19, 2023
Trending News ☀️
SIX Intrinsic Value – Now, Six ($NYSE:SIX) Flags is looking to take its partnership game to the next level and is eager to collaborate with Universal’s new theme park in Frisco, Texas. The new theme park, which is set to open in 2023, is Universal’s first ever in the state of Texas. It will feature a total of five areas and include attractions inspired by popular films and television shows. The company’s goal is to create an unforgettable experience for guests that combines the best of both companies. Six Flags‘ management team has already begun working on plans for partnership opportunities with Universal. This could include developing co-branded attractions and events for guests, as well as special promotions and offers that could be offered to visitors of both parks.
In addition, Six Flags is likely to explore ways to enhance its own attractions and experiences with content from Universal’s properties. Six Flags’ success in the amusement park industry has been built on its ability to innovate and create unique experiences for its guests.
Share Price
Media coverage of the project has been largely positive since it was announced, and it looks like it could be a successful venture for both companies. On Tuesday, SIX FLAGS ENTERTAINMENT stock opened at $26.3 and closed at $26.3, down by 0.3% from the previous closing price of 26.4. This suggests that investors are not overly concerned about the company’s partnership with Universal, indicating their confidence in the venture. The two companies have yet to disclose the details of their partnership, but it is expected to include shared resources, including rides and attractions. Universal could benefit from SIX FLAGS ENTERTAINMENT’s experience in the amusement park industry, while SIX FLAGS ENTERTAINMENT could gain access to Universal’s intellectual property, such as characters from movies and television shows.
The theme park industry has been hit hard by the pandemic, and the partnership between SIX FLAGS ENTERTAINMENT and Universal could help them both weather the storm. By joining forces, they can leverage each other’s strengths to create an experience that is sure to attract visitors once it opens. It remains to be seen how successful the partnership between SIX FLAGS ENTERTAINMENT and Universal will be, but so far the media coverage of the project has been positive. With investors seemingly unperturbed by the announcement, it looks like the two companies are on track to launch a successful venture. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SIX. More…
| Total Revenues | Net Income | Net Margin |
| 1.4k | 93.56 | 8.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SIX. More…
| Operations | Investing | Financing |
| 222.78 | -133.3 | -406.52 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SIX. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.7k | 3.13k | -11.61 |
Key Ratios Snapshot
Some of the financial key ratios for SIX are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | -11.4% | 24.0% |
| FCF Margin | ROE | ROA |
| 6.1% | -20.5% | 7.7% |
VI Analysis – SIX Intrinsic Value Calculator
Six Flags Entertainment is a stock that has long-term potential. The VI app provides an easy way to analyze the company’s fundamentals, and with it one can determine the fair value of the stock. According to the app, the fair value of Six Flags Entertainment shares is around $50.8. Currently, the stock is trading at $26.3, which is 48% undervalued. Investors who are looking for long term gains should consider buying this stock. It has the potential to generate returns as the gap between the current price and the fair value increases. Further, the company has been successful in driving sales and improving its financial position, which indicates that its stock price has potential to increase further in the future. Furthermore, Six Flags Entertainment has been able to increase its revenue despite facing tough economic conditions. This reflects its resilience as a business and its ability to survive in difficult times. Moreover, it has been able to maintain a healthy dividend payout ratio, which is indicative of its strong financial performance. It is currently undervalued, and its fundamentals indicate that it has the potential to generate returns in the long term. As such, investors should consider adding this stock to their portfolio. More…
VI Peers
Six Flags Entertainment Corporation is an American amusement park corporation based in Grand Prairie, Texas. It has properties in the United States, Mexico, and Canada. Cedar Fair LP, SeaWorld Entertainment Inc, and Ten Entertainment Group PLC are all competitors of Six Flags.
– Cedar Fair LP ($NYSE:FUN)
Cedar Fair LP is a publicly traded partnership headquartered in Sandusky, Ohio. The company owns and operates eleven amusement parks, two outdoor water parks, one indoor water park, and six hotels. Cedar Fair also operates the Gilroy Gardens Family Theme Park in Gilroy, California under a management contract.
Cedar Fair has a market cap of 2.23B as of 2022. The company’s return on equity is -51.78%. Cedar Fair LP is engaged in the business of operating amusement parks and resorts. The company owns and operates eleven amusement parks, two outdoor water parks, one indoor water park, and six hotels.
– SeaWorld Entertainment Inc ($NYSE:SEAS)
Seaworld Entertainment Inc is a theme park and entertainment company that operates marine-life parks, including SeaWorld, Busch Gardens, and Sesame Place. The company has a market cap of 3.45B as of 2022 and a Return on Equity of -74.7%.
– Ten Entertainment Group PLC ($LSE:TEG)
Ten Entertainment Group PLC is a United Kingdom-based company, which is engaged in the operation of bowling and entertainment centres. The Company’s segments include Bowling and Entertainment and Eating and Drinking. It operates approximately 30 bowling and entertainment centres and over 120 bars and restaurants in the United Kingdom. Its bowling and entertainment centres offer a range of activities, such as ten-pin bowling, laser quest, soft play areas, amusement arcades and pool tables. Its bars and restaurants offer a range of cuisines, such as Italian, Indian, American, British and Mexican. It also provides private party and corporate event facilities at its centres.
Summary
Six Flags Entertainment Corporation (SIX) is a publicly traded company that owns and operates amusement parks, waterparks and attraction venues in the United States, Canada, and Mexico. It offers a variety of rides, shows and attractions, including roller coasters, family rides, water slides, live entertainment, restaurants and retail stores. Recent news surrounding the company has mainly been positive as they plan to partner with Universal’s new Frisco theme park. Investors may be interested in SIX as a potential investment as it has seen strong financial performance over the past few years, including increasing revenue and earnings per share.
Additionally, the company has a healthy balance sheet and a proven track record of paying dividends.
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