Six Flags Entertainment Corp
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Must-know: Could Cedar Fair stock trade at twice today’s levels?
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Why Cedar Fair is attracting positive ratings from Wall Street
Cedar Fair’s 200-day moving average share price is $49.73 with a 52-week high and low of $56.09 and $43.81, respectively.
Cedar Fair is a dividend-paying company
On February 25, Cedar Fair Entertainment announced the declaration of a regular quarterly cash dividend of $0.75 per limited partner (or LP) unit.
Why Cedar Fair will save on annual cash interest
Cedar Fair’s cash flows from operations and credit facilities are expected to be sufficient to meet its working capital needs, debt service, and planned capital expenditures.
Why Cedar Fair’s revenue increased
Cedar Fair’s revenue increased by 15.6% year-over-year to $160.8 million in the fourth quarter of 2014.
Why Six Flags’ guest spending per capita improved
Six Flags’ per capita guest spending increased $2.79, or 7%, to $42.97 in 2014, primarily due to improved admissions pricing and new offerings in the parks.
Season passes play key role in Six Flags’ profitability
A season pass or membership guest contributes higher aggregate profitability to Six Flags (SIX) over the course of a year than a single-day ticket guest.
Ticket pricing pushes Six Flags’ admissions revenue up
Six Flags’ (SIX) admissions revenue per capita increased by 9% in 2014, primarily driven by pricing improvements on multi- and single-use ticket offerings.
Six Flags: Business overview and geographic presence
Six Flags has $1.2 billion in revenue and 18 parks across North America. It operates 16 parks in the United States, one in Mexico City, and one in Montreal.
A brief overview of Six Flags’ management
Six Flags’ management plays a vital role in shaping the company and leading it in the desired direction. This article reviews three management positions.
Six Flags’ ownership is dominated by hedge funds
Institutional shareholders hold ~86% of Six Flags Entertainment (SIX). The top 20 hedge funds own ~25% of Six Flags.
Share price performance for Six Flags since bankruptcy recovery
Six Flags’ share price on May 10, 2010, reflects $7.36 per share, the price of new common stock upon the company’s emergence from bankruptcy.
Six Flags’ cash drops, but liquidity is higher than peers’
Six Flags’ fall in liquidity ratios is mainly due to the ~$460 million fall in cash and cash equivalents because of share repurchases and dividend payments.
Is Six Flags effectively employing its debt capital?
As of January 15, 2015, Six Flags’ ROIC and WACC stood at 9.2% and 5.9%, respectively. This shows that Six Flags is employing its debt capital effectively.
Must-know: A look into Six Flags’ debt-to-equity ratio
Industry debt-to-equity ratio is about 5.5. Six Flags’ debt-to-equity ratio of 4.0 shows the company aggressively finances operations with debt capital.
Six Flags Entertainment is expanding beyond America
On April 10, 2014, Six Flags announced that it’s expanding beyond America with a Six Flags–branded theme park at Dubai in the United Arab Emirates.
Why Six Flags is returning capital to its shareholders
A fundamental goal of Six Flags is returning capital to its shareholders. It has paid quarterly cash dividends since the fourth quarter of 2010.
Why Six Flags’ operating cash flows are prone to fluctuation
Six Flags Entertainment’s (SIX) operating cash flows are largely driven by attendance and per capita spending levels.
Why Six Flags Entertainment is so profitable
Let’s look at why Six Flags Entertainment is profitable. Adjusted EBITDA was $429 million for the LTM, growing at 19.7% over a four-year period since 2009.
Must-know: How Six Flags generates its revenues
Six Flags derived 55% of its revenues from theme park admissions for the last 12 months ended September 30, 2014.
Six Flags Entertainment: An overview of the largest theme park
Six Flags Entertainment Corp. (SIX) is the world’s largest regional theme park company with $1.1 billion in revenue and 18 parks across North America.
Why Cedar Fair presents investors an attractive share entry point
Cedar Fair (FUN) presented investors an attractive entry point to purchase shares, now yielding nearly 6%. This is a very good business.