Cedar Fair Lp Stock Today
FUN Stock | USD 39.40 0.51 1.31% |
Performance1 of 100
| Odds Of DistressLess than 32
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Cedar Fair is selling at 39.40 as of the 17th of April 2024; that is 1.31 percent up since the beginning of the trading day. The stock's open price was 38.89. Cedar Fair has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Cedar Fair LP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 23rd of April 1987 | Category Consumer Cyclical | Classification Consumer Discretionary |
Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. The company was founded in 1983 and is headquartered in Sandusky, Ohio. Cedar Fair operates under Leisure classification in the United States and is traded on New York Stock Exchange. The company has 51.03 M outstanding shares of which 3.02 M shares are currently shorted by investors with about 14.57 days to cover. More on Cedar Fair LP
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Cedar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cedar Fair's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cedar Fair or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Richard Zimmerman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [Funespaña S.A, Toys'R'Us Anz Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, Entertainment, Recreation, Air, Consumer Discretionary, Hotels, Restaurants & Leisure, Leisure, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Cedar Fair report their recommendations after researching Cedar Fair's financial statements, talking to executives and customers, or listening in on Cedar Fair's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cedar Fair LP. The Cedar consensus assessment is calculated by taking the average forecast from all of the analysts covering Cedar Fair. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Cedar Fair's profitability, liquidity, and operating efficiency, Cedar Fair LP may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Cedar Fair LP is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Cedar Fair's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cedar Fair's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cedar Fair's financial leverage. It provides some insight into what part of Cedar Fair's total assets is financed by creditors.
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Cedar Fair LP (FUN) is traded on New York Stock Exchange in USA. It is located in One Cedar Point Drive, Sandusky, OH, United States, 44870-5259 and employs 3,350 people. Cedar Fair is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cedar Fair's market, we take the total number of its shares issued and multiply it by Cedar Fair's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cedar Fair LP runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. The entity has 51.03 M outstanding shares of which 3.02 M shares are currently shorted by investors with about 14.57 days to cover.
Cedar Fair LP has about 101.19 M in cash with 323.03 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.2.
Check Cedar Fair Probability Of Bankruptcy
Ownership AllocationCedar Fair holds a total of 51.03 Million outstanding shares. Over half of Cedar Fair's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Cedar Fair. Please watch out for any change in the institutional holdings of Cedar Fair LP as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cedar Ownership Details
Cedar Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Cedar Fair jumping above the current price in 90 days from now is about 86.22%. The Cedar Fair LP probability density function shows the probability of Cedar Fair stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Cedar Fair has a beta of 0.6623. This usually indicates as returns on the market go up, Cedar Fair average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cedar Fair LP will be expected to be much smaller as well. Additionally, cedar Fair LP has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cedar Fair to move above the current price in 90 days from now is about 86.22 (This Cedar Fair LP probability density function shows the probability of Cedar Stock to fall within a particular range of prices over 90 days) .
Cedar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cedar Fair that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cedar Fair's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cedar Fair's value.Instituion | Recorded On | Shares | |
Jgd Management Corp | 2023-12-31 | 1 M | |
Nomura Holdings Inc | 2023-12-31 | 681.5 K | |
Citigroup Inc | 2023-12-31 | 665.8 K | |
Ci Investments Inc | 2023-12-31 | 453.9 K | |
Thrivent Financial For Lutherans | 2023-12-31 | 340.6 K | |
Hrt Financial Llc | 2023-12-31 | 196.1 K | |
State Of Wisconsin Investment Board | 2023-12-31 | 181.4 K | |
Voss Capital Llc | 2023-12-31 | 170.7 K | |
Leith Wheeler Investment Counsel Ltd | 2023-12-31 | 169.3 K | |
Goldman Sachs Group Inc | 2023-12-31 | 8 M | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.7 M |
Cedar Fair Historical Income Statement
Cedar Fair LP Income Statement is one of the three primary financial statements used for reporting Cedar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cedar Fair LP revenue and expense. Cedar Fair Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cedar Fair's Total Operating Expenses is very stable compared to the past year. As of the 17th of April 2024, Income Tax Expense is likely to grow to about 50.4 M, while Depreciation And Amortization is likely to drop about 88.1 M. View More FundamentalsCedar Stock Against Markets
Picking the right benchmark for Cedar Fair stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cedar Fair stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cedar Fair is critical whether you are bullish or bearish towards Cedar Fair LP at a given time. Please also check how Cedar Fair's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cedar Fair without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cedar Fair Corporate Directors
Cedar Fair corporate directors refer to members of a Cedar Fair board of directors. The board of directors generally takes responsibility for the Cedar Fair's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cedar Fair's board members must vote for the resolution. The Cedar Fair board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Lauri Shanahan | Independent Director of Cedar Fair Management, Inc. | Profile | |
Debra SmithartOglesby | Lead Independent Director of Cedar Fair Management, Inc. | Profile | |
Daniel Hanrahan | Independent Director of Cedar Fair Management, Inc. | Profile | |
Carlos Ruisanchez | Independent Director of Cedar Fair Management, Inc. | Profile |
How to buy Cedar Stock?
Before investing in Cedar Fair, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cedar Fair. To buy Cedar Fair stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cedar Fair. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cedar Fair stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cedar Fair LP stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cedar Fair LP stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cedar Fair LP, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cedar Stock please use our How to Invest in Cedar Fair guide.
Already Invested in Cedar Fair LP?
The danger of trading Cedar Fair LP is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cedar Fair is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cedar Fair. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cedar Fair LP is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cedar Fair LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cedar Fair's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cedar Fair Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cedar Fair Lp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cedar Fair LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Cedar Fair's price analysis, check to measure Cedar Fair's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cedar Fair is operating at the current time. Most of Cedar Fair's value examination focuses on studying past and present price action to predict the probability of Cedar Fair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cedar Fair's price. Additionally, you may evaluate how the addition of Cedar Fair to your portfolios can decrease your overall portfolio volatility.
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Is Cedar Fair's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cedar Fair. If investors know Cedar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cedar Fair listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 1.2 | Earnings Share 2.42 | Revenue Per Share 35.311 | Quarterly Revenue Growth 0.014 |
The market value of Cedar Fair LP is measured differently than its book value, which is the value of Cedar that is recorded on the company's balance sheet. Investors also form their own opinion of Cedar Fair's value that differs from its market value or its book value, called intrinsic value, which is Cedar Fair's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cedar Fair's market value can be influenced by many factors that don't directly affect Cedar Fair's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cedar Fair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cedar Fair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cedar Fair's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.