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.
Several price targets were given for FUN by the analysts covering the stock. The most optimistic analyst gave a price target of 83, implying potential capital gains of 19.48 percent. The most pessimistic analyst gave a price target of 72, implying a possible loss 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.47 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.14 percent. 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 revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of FUN's earnings is estimated by analysts to be 24.64 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 23.55 percent, and 4.26 percent below the high. FUN has a price/earnings 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 stock has a market capitalization of $3.89 billion. FUN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.