Cedar Fair Lp Stock Buy Hold or Sell Recommendation
| FUN Stock | USD 38.08 0.38 0.99% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Cedar Fair LP is 'Strong Hold'. Macroaxis provides Cedar Fair buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FUN positions. The advice algorithm takes into account all of Cedar Fair's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cedar Fair's buy or sell advice are summarized below:
Real Value 43.96 | Target Price 48.3 | Hype Value 38.46 | Market Value 38.08 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cedar Fair LP given historical horizon and risk tolerance towards Cedar Fair. When Macroaxis issues a 'buy' or 'sell' recommendation for Cedar Fair LP, the advice is generated through an automated system that utilizes algorithms and statistical models.
Cedar |
Execute Cedar Fair Buy or Sell Advice
The Cedar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cedar Fair LP. Macroaxis does not own or have any residual interests in Cedar Fair LP or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cedar Fair's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cedar Fair Trading Alerts and Improvement Suggestions
| Cedar Fair LP generated a negative expected return over the last 90 days | |
| Cedar Fair LP has accumulated $2.36 Billion in debt which can lead to volatile earnings | |
| The company has 2.36 B in debt with debt to equity (D/E) ratio of 76.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Cedar Fair LP has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Cedar Fair until it has trouble settling it off, either with new capital or with free cash flow. So, Cedar Fair's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cedar Fair LP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cedar to invest in growth at high rates of return. When we think about Cedar Fair's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of Cedar Fair shares are owned by institutional investors | |
| On 20th of March 2024 Cedar Fair paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Six Flags Announces Pricing of 850 Million of 6.625 percent Senior Secured Notes due 2032 |
Cedar Fair Returns Distribution Density
The distribution of Cedar Fair's historical returns is an attempt to chart the uncertainty of Cedar Fair's future price movements. The chart of the probability distribution of Cedar Fair daily returns describes the distribution of returns around its average expected value. We use Cedar Fair LP price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cedar Fair returns is essential to provide solid investment advice for Cedar Fair.
| Mean Return | 0.01 | Value At Risk | -1.98 | Potential Upside | 2.18 | Standard Deviation | 1.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cedar Fair historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cedar Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cedar Fair is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cedar Fair LP backward and forwards among themselves. Cedar Fair's institutional investor refers to the entity that pools money to purchase Cedar Fair's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 76.9M | 194.5M | (315.6M) | 40.1M | (35.7M) | (33.9M) | |
| Free Cash Flow | 72.4M | (545.6M) | 142.0M | 224.3M | 102.6M | 78.7M | |
| Depreciation | 170.5M | 157.5M | 148.8M | 153.3M | 158.0M | 92.1M | |
| Other Non Cash Items | 2.2M | 127.3M | 13.9M | (143.0M) | 14.2M | 20.1M | |
| Dividends Paid | 203.2M | 210.0M | 53.0M | 33.5M | (61.1M) | (58.1M) | |
| Capital Expenditures | 330.7M | 129.1M | 59.2M | 183.4M | 220.4M | 112.7M | |
| Net Income | 172.4M | (590.2M) | (48.5M) | 307.7M | 124.6M | 70.9M | |
| End Period Cash Flow | 182.3M | 376.7M | 61.1M | 101.2M | 65.5M | 51.4M | |
| Change To Inventory | (211K) | (14.5M) | 15.4M | (13.4M) | 1.3M | 1.3M | |
| Change To Netincome | 32.3M | 94.5M | 50.2M | (141.3M) | (162.5M) | (154.4M) | |
| Net Borrowings | 500M | 788.0M | (461.1M) | (264.3M) | (237.8M) | (225.9M) | |
| Investments | 617K | 2.7M | 1.7M | 2.8M | (220.4M) | (209.4M) | |
| Change Receivables | (8.2M) | 28.7M | (27.7M) | (9.1M) | (8.2M) | (8.6M) |
Cedar Fair Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cedar Fair or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cedar Fair's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cedar stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.65 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | -0.04 |
Cedar Fair Volatility Alert
Cedar Fair LP has relatively low volatility with skewness of -0.14 and kurtosis of 0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cedar Fair's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cedar Fair's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cedar Fair Fundamentals Vs Peers
Comparing Cedar Fair's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cedar Fair's direct or indirect competition across all of the common fundamentals between Cedar Fair and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cedar Fair or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cedar Fair's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cedar Fair by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cedar Fair to competition |
| Fundamentals | Cedar Fair | Peer Average |
| Return On Asset | 0.0968 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 4.27 B | 16.62 B |
| Shares Outstanding | 51.03 M | 571.82 M |
| Shares Owned By Insiders | 1.70 % | 10.09 % |
| Shares Owned By Institutions | 64.92 % | 39.21 % |
| Number Of Shares Shorted | 3.02 M | 4.71 M |
| Price To Earning | 26.81 X | 28.72 X |
| Price To Sales | 1.11 X | 11.42 X |
| Revenue | 1.8 B | 9.43 B |
| Gross Profit | 788.83 M | 27.38 B |
| EBITDA | 504.51 M | 3.9 B |
| Net Income | 124.56 M | 570.98 M |
| Cash And Equivalents | 101.19 M | 2.7 B |
| Cash Per Share | 2.20 X | 5.01 X |
| Total Debt | 2.36 B | 5.32 B |
| Debt To Equity | 76.24 % | 48.70 % |
| Current Ratio | 0.94 X | 2.16 X |
| Book Value Per Share | (11.43) X | 1.93 K |
| Cash Flow From Operations | 323.03 M | 971.22 M |
| Short Ratio | 14.57 X | 4.00 X |
| Earnings Per Share | 2.42 X | 3.12 X |
| Price To Earnings To Growth | 3.72 X | 4.89 X |
| Target Price | 51.67 | |
| Number Of Employees | 3.35 K | 18.84 K |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 1.97 B | 19.03 B |
| Total Asset | 2.28 B | 29.47 B |
| Retained Earnings | 307.67 M | 9.33 B |
| Working Capital | (193.89 M) | 1.48 B |
| Current Asset | 184.03 M | 9.34 B |
| Current Liabilities | 198.67 M | 7.9 B |
Note: Disposition of 4014 shares by Brian Witherow of Cedar Fair at .24 subject to Rule 16b-3 [view details]
Cedar Fair Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cedar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 832.74 | |||
| Daily Balance Of Power | (0.49) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 38.39 | |||
| Day Typical Price | 38.29 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | (0.38) |
About Cedar Fair Buy or Sell Advice
When is the right time to buy or sell Cedar Fair LP? Buying financial instruments such as Cedar Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.5B | 2.3B | 2.4B | 2.5B | Total Assets | 2.3B | 2.2B | 2.3B | 1.4B |
Use Investing Ideas to Build Portfolios
In addition to having Cedar Fair in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Basic Utilities Theme or any other thematic opportunities.
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Check out Cedar Fair Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Cedar Stock analysis
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.