5 Most Anticipated Quarterly Earnings Releases to Watch

2. Six Flags Entertainment Corporation (NYSE:SIX)

Number of Hedge Fund Holders: 46   

Six Flags Entertainment Corporation (NYSE:SIX) owns and runs entertainment parks. The stock has made a steady comeback over the past few months as vacation demand surges despite oil and war fears globally. In late April, data from Delta Airlines indicated record bookings growth ahead of the summer travel season. The company has still not returned to pre-pandemic levels of profit, which gives it plenty of room for growth in the holiday season. Analysts expect the firm to grow earnings by 19% in 2023. 

On April 25, Rosenblatt analyst Barton Crockett initiated coverage of Six Flags Entertainment Corporation (NYSE:SIX) stock with a Buy rating and a price target of $56, saying there was “merit” in the growth approach of the new CEO of the firm. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm H Partners Management is a leading shareholder in Six Flags Entertainment Corporation (NYSE:SIX), with 8.9 million shares worth more than $380 million.