$0.93 Earnings Per Share Expected for Six Flags (SIX) This Quarter

Equities analysts expect Six Flags (NYSE:SIX) to report $0.93 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Nine analysts have provided estimates for Six Flags’ earnings, with the lowest EPS estimate coming in at $0.83 and the highest estimate coming in at $0.98. Six Flags reported earnings of $0.59 per share during the same quarter last year, which would indicate a positive year over year growth rate of 57.6%. The business is expected to issue its next earnings report on Wednesday, July 25th.

On average, analysts expect that Six Flags will report full year earnings of $2.84 per share for the current fiscal year, with EPS estimates ranging from $2.55 to $3.08. For the next year, analysts expect that the firm will post earnings of $3.14 per share, with EPS estimates ranging from $2.80 to $3.70. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow Six Flags.

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Six Flags (NYSE:SIX) last released its quarterly earnings results on Tuesday, April 24th. The company reported ($0.74) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.79) by $0.05. The firm had revenue of $128.96 million for the quarter, compared to the consensus estimate of $118.75 million. Six Flags had a negative return on equity of 31.58% and a net margin of 19.38%. The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period last year, the business posted ($0.63) EPS.

A number of research firms have recently issued reports on SIX. Macquarie raised their price target on Six Flags from $56.00 to $58.00 and gave the stock an “underperform” rating in a research note on Thursday, April 26th. Stifel Nicolaus raised their price target on Six Flags from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, April 26th. Oppenheimer set a $80.00 price target on Six Flags and gave the stock a “buy” rating in a research note on Tuesday, April 24th. B. Riley raised their price target on Six Flags from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, April 26th. Finally, Zacks Investment Research upgraded Six Flags from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research note on Wednesday, April 25th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $69.55.

In related news, Chairman James Reid-Anderson sold 64,185 shares of Six Flags stock in a transaction on Friday, June 15th. The stock was sold at an average price of $72.56, for a total transaction of $4,657,263.60. Following the transaction, the chairman now directly owns 3,375,768 shares in the company, valued at $244,945,726.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 201,811 shares of company stock worth $14,401,216 over the last quarter. 6.90% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC purchased a new position in shares of Six Flags in the fourth quarter valued at about $3,282,000. Millennium Management LLC bought a new stake in shares of Six Flags in the fourth quarter worth about $20,136,000. Teachers Advisors LLC increased its holdings in shares of Six Flags by 1.2% in the fourth quarter. Teachers Advisors LLC now owns 75,132 shares of the company’s stock worth $5,002,000 after purchasing an additional 874 shares during the last quarter. BB&T Securities LLC increased its holdings in shares of Six Flags by 2.7% in the fourth quarter. BB&T Securities LLC now owns 40,300 shares of the company’s stock worth $2,682,000 after purchasing an additional 1,041 shares during the last quarter. Finally, Two Sigma Advisers LP bought a new stake in shares of Six Flags in the fourth quarter worth about $10,293,000. Institutional investors and hedge funds own 94.56% of the company’s stock.

Shares of Six Flags traded up $0.50, reaching $72.70, on Friday, Marketbeat reports. The stock had a trading volume of 953,095 shares, compared to its average volume of 974,160. The company has a market cap of $6.08 billion, a P/E ratio of 34.13 and a beta of 1.13. Six Flags has a 1 year low of $51.25 and a 1 year high of $73.38. The company has a debt-to-equity ratio of -2.90, a current ratio of 0.37 and a quick ratio of 0.30.

The business also recently announced a quarterly dividend, which was paid on Monday, June 11th. Investors of record on Thursday, May 31st were given a dividend of $0.78 per share. The ex-dividend date was Wednesday, May 30th. This represents a $3.12 annualized dividend and a yield of 4.29%. Six Flags’s dividend payout ratio (DPR) is presently 146.48%.

About Six Flags

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

Get a free copy of the Zacks research report on Six Flags (SIX)

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How Is Lear Corporation Likely To Grow In The Next 2 Years?

&l;a href=&q;http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=lea&a;amp;tab=searchtabquotesdark&q; target=&q;_blank&q;&g;Lear Corporation&l;/a&g;, (NYSE: LEA), a leading supplier of automotive seating and electrical systems globally, has had a strong start to 2018. Lear&a;rsquo;s stock price has gained close to 16% since the beginning of the year and we expect the company to gain further momentum given its strong presence in the seating segment and the global shift towards &l;span class=&q;ql-size-large&q;&g;energy efficient and connected vehicles. We expect Lear&a;rsquo;s top line to grow at a CAGR of 8% over the next two years.&l;/span&g;

&a;nbsp;

&l;a href=&q;http://dashboards.trefis.com/no-login-required/EciblOmu?fromforbesandarticle=how-is-lear-corporation-likely-to-grow-in-the-next-2-years&q; target=&q;_blank&q;&g;&l;img class=&q; wp-image-185174 size-full&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2018/06/lea13.jpg?width=960&q; alt=&q;&q; data-height=&q;346&q; data-width=&q;728&q;&g;&l;/a&g;

&l;span class=&q;ql-size-large&q;&g;Lear backed the &l;a href=&q;http://files.shareholder.com/downloads/LEA/6007557890x0xS842162-18-7/842162/filing.pdf&q; target=&q;_blank&q;&g;second position&l;/a&g; (based on revenue) in the seat systems assembly market globally in 2017 which was estimated at &l;a href=&q;http://files.shareholder.com/downloads/LEA/6007557890x0xS842162-18-7/842162/filing.pdf&q; target=&q;_blank&q;&g;$65 billion&l;/a&g; by the company. The company&a;rsquo;s &l;a href=&q;http://www.lear.com/Press-Room/4422/lear-completes-acquisition-of-grupo-antolins-automotive-seating-business.aspx&q; target=&q;_blank&q;&g;recent acquisition&l;/a&g; of Grupo Antolin&a;rsquo;s automotive seating business is expected to further boost the company&a;rsquo;s growth prospects in the seating segment in the upcoming years as Antolin posses a strong market presence in Europe. Lear&a;rsquo;s 2018 first quarter seating sales increased by 12% year-on-year (y-o-y) and the company attributed a large proportion of this growth to its recent acquisition. Additionally, a shift in consumer preference towards sports utility vehicles (SUVs) and crossovers are expected to further aid Lear&a;rsquo;s top line as bigger cars such as SUVs and crossovers command premium content per vehicle (premium/ additional seating and more advanced electric content) leading to higher revenue for Lear. Lear&a;rsquo;s content per SUV is &l;a href=&q;https://www.forbes.com/sites/greatspeculations/2017/01/20/lears-seating-division-is-primed-to-grow-through-decade-end/#7a0304ed3e7a&q;&g;estimated&l;/a&g; at $1,000 as against the $700 average content per vehicle. &l;/span&g;

Furthermore, Lear&a;rsquo;s E-Systems segment is also expected to experience a substantial growth rate over the next two years driven by a changing global &l;span class=&q;ql-size-large&q;&g;trend towards energy efficient and autonomous vehicles. &l;/span&g; The company expects the electrical content growth rate in vehicles to be higher than the overall industry growth rate by &l;a href=&q;http://www.lear.com/Site/Products/E-Systems/&q; target=&q;_blank&q;&g;almost 5%&l;/a&g;, which would require more complex vehicle electrical architectures to cater to this growth. The company has been gearing up its E-systems operations to accommodate this growth and the company&a;rsquo;s recent announcement to &l;a href=&q;https://www.reuters.com/article/brief-lear-to-acquire-exo-technologies/brief-lear-to-acquire-exo-technologies-idUSASB0BX9X&q; target=&q;_blank&q;&g;acquire EXO Technologies&l;/a&g; coupled with the additional advanced technology obtained through its &l;span class=&q;ql-size-large&q;&g;Grupo&l;/span&g; Antolin&a;rsquo;s acquisition will enable Lear to remain at the top of its game.

&a;nbsp;

Lear in 2018 expects 145 new launches in its seating segment and 160 launches in its E-system segment which would favorably enhance the company&a;rsquo;s results. China is expected to remain a major growth driver for both of the company&a;rsquo;s segments with an expected sales growth rate of 10% y-o-y in 2018. Our estimates for Lear&a;rsquo;s two years&a;rsquo; projected growth are elaborated in our &l;a href=&q;http://dashboards.trefis.com/no-login-required/EciblOmu?fromforbesandarticle=how-is-lear-corporation-likely-to-grow-in-the-next-2-years&q; target=&q;_blank&q;&g;&l;strong&g;interactive dashboard&l;/strong&g;&l;/a&g;. You can make changes to our assumptions to arrive at your own revenue estimate for the company.

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Hot Small Cap Stocks To Buy For 2018

tags:INFU,DEST,EMR,

China’s central bank on Thursday refrained from immediately following the Federal Reserve in raising borrowing costs.

The People’s Bank of China had been widely anticipated to react to the U.S. hike by lifting the cost of reverse-repurchase agreements for the second time this year, following three increases in 2017.

“It appears the PBOC decided that growth is slowing and inflation is low and well below target, while money market rates are relatively high so they don’t want to boost them further,” said Dariusz Kowalczyk, senior emerging-market strategist at Credit Agricole SA in Hong Kong.

Chinese equities were boosted by the news. The Shanghai Composite Index erased a loss of 0.5 percent to rise 0.3 percent, while the ChiNext gauge of small caps and tech stocks led gains, climbing 0.9 percent. Government bond futures also rallied, with the most active 10-year contracts spiking 0.45 percent, the most since April 18 -- the day after the PBOC cut reserve requirement ratio. The yield on sovereign notes due in a decade was little changed at 3.68 percent as of 10:10 a.m. in Shanghai.

Hot Small Cap Stocks To Buy For 2018: InfuSystems Holdings, Inc.(INFU)

Advisors' Opinion:

• [By Logan Wallace]

  These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

  Get Scynexis alerts: Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy �� SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)

  Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.

• [By Joseph Griffin]

  Infusystem Holdings Inc (NYSEAMERICAN:INFU) major shareholder Meridian Ohc Partners, Lp purchased 40,548 shares of Infusystem stock in a transaction dated Monday, May 14th. The shares were acquired at an average cost of $2.76 per share, for a total transaction of $111,912.48. The transaction was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Hot Small Cap Stocks To Buy For 2018: Destination Maternity Corporation(DEST)

Advisors' Opinion:

• [By Alexander Bird]

  Here are last week's top-performing penny stocks:

  Penny Stock Current Share Price Last Week's Gain �Ambow Education Holdings Ltd. (NYSE: AMBO) $5.70 77.11% Nano Dimension (Nasdaq: NNDM) $2.61 75.11% Destination Maternity Corp. (Nasdaq: DEST) $5.79 71.84% CLPS Inc. (Nasdaq: CLPS) $9.72 71.15% NII Holdings Inc. (Nasdaq: NIHD) $3.20 56.33% Viveve Medical Inc. (Nasdaq: VIVE) $3.78 51.98% Galectin Therapeutics Inc. (Nasdaq: GALT) $9.18 41.82% Apricus Biosciences Inc. (Nasdaq: APRI) $0.36 34.70% Polymet Mining Corp. (NYSE: PLM) $1.01 31.13% Xenon Pharmaceuticals Inc. (Nasdaq: XENE) $8.20 28.46%

  Many investors struggle with finding stocks with this sort of breakout potential because they don't know where to look.

• [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares climbed 154.95 percent to close at $5.15 on Thursday. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Tyme Technologies, Inc. (NASDAQ: TYME) jumped 33.45 percent to close at $3.87. Universal Corporation (NYSE: UVV) gained 29.72 percent to close at $62.85 after reporting fiscal Q4 results. Evolus, Inc. (NASDAQ: EOLS) shares rose 22.93 percent to close at $23.80. nLIGHT, Inc. (NASDAQ: LASR) jumped 21.52 percent to close at $36.37 following Q1 results. Hudson Technologies Inc. (NASDAQ: HDSN) gained 20.28 percent to close at $2.61. The Cato Corporation (NYSE: CATO) shares rose 19.57 percent to close at $21.45 after the company posted better-than-expected first-quarter results. AXT, Inc. (NASDAQ: AXTI) gained 18.8 percent to close at $7.90. Catasys, Inc. (NASDAQ: CATS) rose 16.33 percent to close at $6.41. HUYA Inc. (NYSE: HUYA) rose 15.68 percent to close at $23.09 on Thursday. Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS) climbed 15.11 percent to close at $6.02 on Thursday after gaining 6.30 percent on Wednesday. Baird initiated coverage on Marinus Pharmaceuticals with an Outperform rating. Destination Maternity Corporation (NASDAQ: DEST) shares rose 14.48 percent to close at $3.32 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. China Rapid Finance Limited (NYSE: XRF) gained 11.53 percent to close at $3.29 after announcing preliminary Q1 results. Bilibili Inc.. (NASDAQ: BILI) shares rose 11.33 pe
• [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process. Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results. Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58. Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009. The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results. Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613. Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65. nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results. Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303. Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results. Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake. HUYA Inc. (NYSE: HUYA) gained 13.1

Hot Small Cap Stocks To Buy For 2018: Emerson Electric Company(EMR)

Advisors' Opinion:

• [By Stephan Byrd]

  Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

  Get Emerson Electric alerts: Stocks This Week: Wells Fargo, Emerson Electric and CSX (finance.yahoo.com) Emerson Electric (EMR) & Philips (PHG) Financial Review (americanbankingnews.com) Emerson Electric (EMR) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com) Is It Time To Buy Emerson Electric Co (NYSE:EMR)? (finance.yahoo.com) Emerson Electric: An Autonomous Future (seekingalpha.com)

  EMR has been the topic of a number of research reports. Zacks Investment Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Thursday, February 8th. UBS initiated coverage on shares of Emerson Electric in a research note on Monday, January 22nd. They issued a “buy” rating and a $73.26 price objective on the stock. Cowen reissued a “buy” rating and issued a $78.00 price objective on shares of Emerson Electric in a research note on Wednesday, April 18th. Stifel Nicolaus increased their price objective on shares of Emerson Electric from $79.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 3rd. Finally, Berenberg Bank raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 24th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Emerson Electric has a consensus rating of “Hold” and a consensus price target of $73.00.

• [By Shane Hupp]

  Element Capital Management LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 202,986 shares of the industrial products company’s stock, valued at approximately $13,864,000.

• [By Benzinga News Desk]

  Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link

  ECONOMIC DATA Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM New home sales report for March will be released at 10:00 a.m. ET. The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET. The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET. The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET. The Treasury will auction 2-year notes at 1:00 p.m. ET. ANALYST RATINGS Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market Perform

  This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

• [By Stephan Byrd]

  Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selling 2,015 shares during the quarter. Emerson Electric makes up approximately 2.4% of Wilkins Investment Counsel Inc.’s portfolio, making the stock its 17th biggest position. Wilkins Investment Counsel Inc.’s holdings in Emerson Electric were worth $7,624,000 at the end of the most recent reporting period.

• [By Lee Samaha]

  In common with many other industrial companies, like Danaher, Pentair has been taking action to become a more focused investment proposition for investors. The sale of its valves and controls business to Emerson Electric (NYSE:EMR) in the spring of 2017 turned out to be well-timed for Emerson, as it occurred precisely at the time when oil and gas capital spending started picking up.