Investment Analysts’ Weekly Ratings Updates for Cedar Fair (FUN)

A number of firms have modified their ratings and price targets on shares of Cedar Fair (NYSE: FUN) recently:

• 11/8/2024 – Cedar Fair was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/7/2024 – Cedar Fair had its price target raised by analysts at JPMorgan Chase & Co. from $43.00 to $46.00. They now have an “underweight” rating on the stock.
• 11/7/2024 – Cedar Fair had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $55.00 price target on the stock.
• 10/29/2024 – Cedar Fair is now covered by analysts at Guggenheim. They set a “buy” rating and a $52.00 price target on the stock.
• 10/25/2024 – Cedar Fair had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $55.00 to $47.00. They now have a “neutral” rating on the stock.
• 10/21/2024 – Cedar Fair had its price target lowered by analysts at Truist Financial Co. from $60.00 to $54.00. They now have a “buy” rating on the stock.
• 10/18/2024 – Cedar Fair had its price target lowered by analysts at Macquarie from $60.00 to $55.00. They now have an “outperform” rating on the stock.
• 10/15/2024 – Cedar Fair had its price target lowered by analysts at Oppenheimer Holdings Inc. from $67.00 to $60.00. They now have an “outperform” rating on the stock.
• 10/4/2024 – Cedar Fair had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $65.00 to $58.00. They now have a “buy” rating on the stock.

Cedar Fair Stock Down 0.6 %

Shares of NYSE FUN opened at $45.67 on Tuesday. The company has a 50 day simple moving average of $41.00 and a 200-day simple moving average of $44.57. The company has a market capitalization of $4.58 billion, a P/E ratio of -71.36 and a beta of 1.55. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.40 and a quick ratio of 0.32. Cedar Fair, L.P. has a 1 year low of $35.93 and a 1 year high of $58.70.

Institutional Trading of Cedar Fair

Several institutional investors have recently added to or reduced their stakes in FUN. S.A. Mason LLC increased its holdings in Cedar Fair by 63.1% in the 3rd quarter. S.A. Mason LLC now owns 993 shares of the company’s stock valued at $40,000 after purchasing an additional 384 shares during the last quarter. CWM LLC grew its stake in shares of Cedar Fair by 932.0% in the second quarter. CWM LLC now owns 2,064 shares of the company’s stock worth $112,000 after acquiring an additional 1,864 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of Cedar Fair by 94.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,887 shares of the company’s stock worth $157,000 after acquiring an additional 1,400 shares in the last quarter. Brookstone Capital Management acquired a new position in shares of Cedar Fair in the second quarter worth $215,000. Finally, Thrive Wealth Management LLC acquired a new position in shares of Cedar Fair in the second quarter worth $252,000. Institutional investors and hedge funds own 64.65% of the company’s stock.

Cedar Fair, L.P. owns and operates amusement and water parks, as well as complementary resort facilities. 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 in Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St.