Cedar Story

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FUN -- USA Stock  

USD 28.00  0.68  2.49%

Cedar Fair LP is scheduled to announce its earnings today. The next earnings report is expected on the 4th of November 2020. Because some of us are getting excited about consumer cyclical space, it makes sense to outline Cedar Fair LP in greater detail. We will inspect the reasons why it is still possible for the company to generate above-average margins given the latest current
Published over a month ago
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Would you shadow Cedar Fair analysts?
Cedar Fair has performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1426, which signifies not very significant fluctuations relative to the market. Let's try to break down what Cedar's beta means in this case. As returns on the market increase, Cedar Fair returns are expected to increase less than the market. However, during the bear market, the loss on holding Cedar Fair will be expected to be smaller as well. Although it is extremely important to respect Cedar Fair LP historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Cedar Fair LP technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. Cedar Fair LP right now shows a risk of 4.43%. Please confirm Cedar Fair LP standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cedar Fair LP will be following its price patterns.
What is the right price you would pay to acquire a share of Cedar Fair? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

What is happening with Cedar Fair LP this year

Annual and quarterly reports issued by Cedar Fair LP are formal financial statements that are published yearly and quarterly and sent to Cedar stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934. Companies such as Cedar Fair often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How Cedar utilizes its cash?

To perform a cash flow analysis of Cedar Fair, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Cedar Fair is receiving and how much cash it distributes out in a given period. The Cedar Fair cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Cedar Fair Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 386.98 Million

Payment of 336 shares by Kelley Semmelroth of Cedar Fair subject to Rule 16b-3

Legal trades by Cedar Fair insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Cedar Fair LP insider trading alert for payment of units of limited partner interest by Kelley Semmelroth, Exec VP CMO, on 22nd of June 2020. This event was filed by Cedar Fair L P with SEC on 2016-02-29. Statement of changes in beneficial ownership - SEC Form 4. Kelley Semmelroth is currently serves as executive vice president chief marketing officer of cedar fair management, inc. of Cedar Fair LP [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper Perspective

Earning per share calculations of Cedar Fair is based on official Zacks consensus of 6 analysts regarding Cedar Fair's future annual earnings. Given the historical accuracy of 92.55%, the future earnings per share of the company is estimated to be -4.21 with the lowest and highest values of -6.05 and -3.17, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is Cedar a risky opportunity?

Let's check the volatility. Cedar is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Cedar (NYSE:FUN) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. picking up a share of a Cedar Fair stock makes you a part-owner of that company.

Cedar Fair LP Current Consensus

Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Cedar Fair LP. The Cedar consensus assessment is calculated by taking the average estimates from all of the analysts covering Cedar Fair

Strong Buy
Strong Buy571.43
Strong Sell00.0

Our perspective of the latest Cedar Fair thrive

The treynor ratio is down to -0.36 as of today. As of the 5th of August, Cedar Fair shows the risk adjusted performance of (0.008854), and Mean Deviation of 3.29. Cedar Fair LP technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Cedar Fair LP, which can be compared to its rivals. Please confirm Cedar Fair LP standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cedar Fair LP is priced correctly, providing market reflects its regular price of 25.35 per share. Given that Cedar Fair has jensen alpha of (0.08), we suggest you to validate Cedar Fair LP's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Take On Cedar Fair

Whereas some other firms within the leisure industry are still a little expensive, even after the recent corrections, Cedar Fair may offer a potential longer-term growth to institutional investors. In closing, as of the 5th of August 2020, our primary 30 days advice on the company is Sell. However, we believe Cedar Fair is undervalued with close to average probability of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Cedar Fair LP. Please refer to our Terms of Use for any information regarding our disclosure principles.

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