Cedar Stock Today

FUN -  USA Stock  

USD 44.51  0.06  0.14%

Cedar Fair is selling for 44.51 as of the 27th of September 2021. This is a 0.14 percent up since the beginning of the trading day. The stock's open price was 44.450001. Cedar Fair has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 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 28th of August 2021 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 53

Cedar Fair Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. 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. It employs 2700 people. more on Cedar Fair
Cedar Fair LP has high likelihood to experience some financial distress in the next 2 years
Cedar Fair LP has accumulated $3 Billion in debt which can lead to volatile earnings
The company reported the last year's revenue of 137.66 M. Reported Net Loss for the year was (484.68 M) with loss before taxes, overhead, and interest of (194.22 M).
Cedar Fair LP has about 272.08 M in cash with (401.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.79.
Cedar Fair LP has a frail financial position based on the latest SEC disclosures
Roughly 58.0% of the company shares are owned by institutional investors
Latest headline from www.directorstalkinterviews.com: Cedar Fair, LP - Consensus Indicates Potential 38.1 percent Upside - DirectorsTalk Interviews
Cedar Fair Fama & French Entertainment
Entertainment
Fama & French Classification
Cedar Fair LP SEC Filings
Cedar Fair SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameCedar Fair LP
CEORichard Zimmerman  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Entertainment
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.
Strong Buy5 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Cedar Fair LP based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Cedar Fair LP financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares62 M56.5 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted62.3 M56.5 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations(427.5 M)(416.5 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets2.7 B2.7 B
Fairly Down
Increasing
Slightly volatile
Total LiabilitiesB3.4 B
Fairly Down
Increasing
Slightly volatile
Current Assets598.3 M554.5 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities283.8 M300 M
Notably Down
Increasing
Slightly volatile
Total Debt2.6 BB
Fairly Down
Increasing
Slightly volatile
Return on Average Assets(0.24)(0.231)
Sufficiently Down
Decreasing
Slightly volatile
Gross Margin(1.1)(1.07)
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.07290.071
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cedar Fair's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
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.
Cedar Fair's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Cedar Fair's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
BB- ( Average Bond Rating ) Unsafe
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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cedar Fair's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cedar Fair deploys its capital and how much of that capital is borrowed.
Liquidity
Cedar Fair cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3 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 1.41, which is typical for the industry and considered as normal.

Operating Cash Flow

(427.5 Million)Share
Cedar Fair LP (FUN) is traded on New York Stock Exchange in USA. It is located in One Cedar Point Drive and employs 2,700 people. Cedar Fair is listed under Entertainment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 2.53 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 these looking for more risk prefer small-cap and mid-cap equities. Cedar Fair LP runs under Consumer Cyclical sector within Leisure industry. The entity has 56.83 M outstanding shares of which 5.17 M shares are currently shorted by investors with about 10.47 days to cover shorted positions. Cedar Fair LP has about 272.08 M in cash with (401.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.79.
Check Cedar Fair Probability Of Bankruptcy
Ownership
Cedar Fair LP retains a total of 56.83 Million outstanding shares. Over half of Cedar Fair LP outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation 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 about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Cedar Ownership Details

Cedar Stock Price Odds Analysis

What are Cedar Fair's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Cedar Fair jumping above the current price in 90 days from now is about 39.72%. 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 LP has a beta of -0.8442. This usually indicates as returns on benchmark increase, returns on holding Cedar Fair are expected to decrease at a much lower rate. During the bear market, however, Cedar Fair LP is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cedar Fair LP is significantly underperforming DOW.
 Odds Down 44.51HorizonTargetOdds Up 44.51 
59.94%90 days
 44.51 
39.72%
Based on a normal probability distribution, the odds of Cedar Fair to move above the current price in 90 days from now is about 39.72 (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 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.
Cedar Fair Weighted Average Shares Diluted is quite stable at the moment as compared to the past year. The company's current value of Weighted Average Shares Diluted is estimated at 62.3 Million View More Fundamentals

Cedar 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.

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 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.

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Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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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
Please check Investing Opportunities. Note that the Cedar Fair LP information on this page should be used as a complementary analysis to other Cedar Fair's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Cedar Fair LP 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 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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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 LP underlying business (such as 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 Cedar Fair value 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.