How to buy Cedar Fair L-P stock - 22 April

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How to buy Cedar Fair L-P stock

Own Cedar Fair L-P stock in just a few minutes.

Cedar Fair, L.P is a leisure business based in the US. Cedar Fair L-P shares (FUN) are listed on the NYSE and all prices are listed in US Dollars. Cedar Fair L-P employs 2,700 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Cedar Fair L-P

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FUN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Cedar Fair L-P share price

Use our graph to track the performance of FUN stocks over time.

Cedar Fair L-P shares at a glance

Information last updated 2021-04-16.
52-week range$22.56 - $52.50
50-day moving average $49.50
200-day moving average $39.65
Wall St. target price$58.44
PE ratio 39.2754
Dividend yield $0.935 (1.94%)
Earnings per share (TTM) $0.71

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Cedar Fair L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Cedar Fair L-P under- or over-valued?

Valuing Cedar Fair L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cedar Fair L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cedar Fair L-P's P/E ratio

Cedar Fair L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Cedar Fair L-P shares trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Cedar Fair L-P's PEG ratio

Cedar Fair L-P's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.72. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cedar Fair L-P's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cedar Fair L-P's EBITDA

Cedar Fair L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $233 million.

The EBITDA is a measure of a Cedar Fair L-P's overall financial performance and is widely used to measure a its profitability.

Cedar Fair L-P financials

Revenue TTM $181.6 million
Gross profit TTM $-194,218,000
Return on assets TTM -10.9%
Return on equity TTM 0%
Profit margin 0%
Book value $0.76
Market capitalisation $2.7 billion

TTM: trailing 12 months

Shorting Cedar Fair L-P shares

There are currently 4.6 million Cedar Fair L-P shares held short by investors – that's known as Cedar Fair L-P's "short interest". This figure is 40.1% up from 3.3 million last month.

There are a few different ways that this level of interest in shorting Cedar Fair L-P shares can be evaluated.

Cedar Fair L-P's "short interest ratio" (SIR)

Cedar Fair L-P's "short interest ratio" (SIR) is the quantity of Cedar Fair L-P shares currently shorted divided by the average quantity of Cedar Fair L-P shares traded daily (recently around 505167.13819369). Cedar Fair L-P's SIR currently stands at 9.19. In other words for every 100,000 Cedar Fair L-P shares traded daily on the market, roughly 9190 shares are currently held short.

However Cedar Fair L-P's short interest can also be evaluated against the total number of Cedar Fair L-P shares, or, against the total number of tradable Cedar Fair L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cedar Fair L-P's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Cedar Fair L-P shares in existence, roughly 80 shares are currently held short) or 0.0832% of the tradable shares (for every 100,000 tradable Cedar Fair L-P shares, roughly 83 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Cedar Fair L-P.

Find out more about how you can short Cedar Fair L-P stock.

Cedar Fair L-P share dividends

We're not expecting Cedar Fair L-P to pay a dividend over the next 12 months.

Have Cedar Fair L-P's shares ever split?

Cedar Fair L-P's shares were split on a 2:1 basis on 17 November 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Cedar Fair L-P shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Cedar Fair L-P shares which in turn could have impacted Cedar Fair L-P's share price.

Cedar Fair L-P share price volatility

Over the last 12 months, Cedar Fair L-P's shares have ranged in value from as little as $22.5639 up to $52.5. A popular way to gauge a stock's volatility is its "beta".

FUN.US volatility(beta: 2.38)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cedar Fair L-P's is 2.3751. This would suggest that Cedar Fair L-P's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Cedar Fair L-P overview

Cedar Fair, L. P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California's Great America located in Santa Clara, California; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St. Paul, Minnesota; Michigan's Adventure situated near Muskegon, Michigan; Schlitterbahn Waterpark & Resort New Braunfels in New Braunfels, Texas; and Schlitterbahn Waterpark Galveston in Galveston, Texas. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California; and owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point's Express Hotel, and Sawmill Creek Resort. As of February 17, 2021, the company operated 13 properties, which included 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling approximately 2,300 rooms and 600 luxury RV sites; and an additional theme park in California under a management contract.

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