Added to YB: 2026-07-09
Pitch date: 2026-07-06
FUN [neutral]
Six Flags Entertainment Corporation
-3.12%
current return
Author Info
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Company Info
Six Flags Entertainment Corporation operates amusement parks and resort properties in North America. It operates amusement parks, water parks, and resorts in the United States, Mexico, and Canada.
Market Cap
$2.0B
Pitch Price
$19.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.89
P/E
-1.17
EV/Sales
2.43
Sector
Hotels, Restaurants and Leisure
Category
turnaround
$FUN: JANA asked for a sale — so far it’s gotten a whole new C-suite
FUN (overview): Activist-owned (JANA ~9%, Sachem Head ~5%) levered theme-park operator, $21/sh, $2.15B equity stub on $7.4B EV w/ $5.27B net debt. Full C-suite rebuilt post-JANA sale demand; sold 7 parks to EPR for $331M (7.4x) for debt paydown. Q1 rev +12% to $225.6M. Stock +68% off lows. Watch Q2 (early Aug), first print from new CFO. High-risk binary bet on turnaround/sale; not a rec due to balance sheet.
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