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.
FUN was given price targets by several analysts. 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. That number becomes 1.47 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.14 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.83 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
FUN has an estimated earnings growth rate of 24.64 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FUN is 0.99.
In the trailing 52-weeks, FUN hit 72.56 at the highest peak, while it's lowest trading point was 56.23. Currently the stock is 23.55 percent higher than its low, and below the high by 4.26 percent. 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 stock has a market capitalization of $3.89 billion. FUN's next earnings release will be on 0000-00-00, which is days away.