Analyst Ratings for Cedar Fair L.P. Dep. Rec. (FUN)Updated: 2017-07-26
Shares of Cedar Fair L.P. Dep. Rec. (NYSE:FUN) have received a consensus rating of Buy from Wall Street analysts. A consensus rating of Buy was previously issued for FUN last month.
8 analysts declared FUN a buy, 0 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for FUN. The most optimistic analyst gave a price target of 83, implying a possible profit of 19.48 percent. The most pessimistic price target was 72, which equates to a potential downside of 3.64 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.01 percent. That number becomes 1.47 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.14 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.83 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FUN to grow at a rate of 24.64 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. FUN has a PEG ratio of 0.99.
In the last 52-weeks, FUN has achieved a high of 72.56 and a low of 56.23. Currently the stock is 23.55 percent higher than its low, and 4.26 percent below the high. FUN has a P/E ratio of 24.38. Investors typically compare the P/E ratio to a company's peers in the industry. The FUN value stock report compares FUN to some of its peers using value stock charts. The market cap of FUN is $3.89 billion. FUN's next earnings release will be on 0000-00-00, which is days away.