FUN - Cedar Fair LP Stock Price, Fair Value and News

38.19USD-0.44 (-1.14%)Market Closed

Market Summary

USD38.19-0.44

Market Closed

-1.14%

FUN Stock Price

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FUN RSI Chart

FUN Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

15.83

Price/Sales (Trailing)

1.1

EV/EBITDA

8.85

Price/Free Cashflow

6.05

FUN Price/Sales (Trailing)

FUN Profitability

EBT Margin

9.60%

Return on Assets

5.56%

Free Cashflow Yield

16.52%

FUN Fundamentals

FUN Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

1.4%

Rev. Growth (Qtr)

-55.92%

FUN Earnings

Earnings (TTM)

124.6M

Earnings Growth (Yr)

-180.56%

Earnings Growth (Qtr)

-104.62%

Breaking Down FUN Revenue

Last 7 days

-2.0%

Last 30 days

-6.7%

Last 90 days

-1.6%

Trailing 12 Months

-6.7%

How does FUN drawdown profile look like?

FUN Financial Health

Current Ratio

0.52

Debt/Cashflow

0.14

FUN Investor Care

Buy Backs (1Y)

1.74%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.8B	1.8B	1.8B	1.8B
2022	1.4B	1.7B	1.8B	1.8B
2021	470.7M	759.9M	1.0B	1.3B
2020	1.5B	1.0B	404.9M	181.6M
2019	1.4B	1.4B	1.5B	1.5B
2018	1.3B	1.3B	1.3B	1.3B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.2B	1.3B	1.3B	1.3B
2015	1.2B	1.2B	1.2B	1.2B
2014	1.1B	1.1B	1.1B	1.2B
2013	1.1B	1.1B	1.1B	1.1B
2012	1.0B	1.1B	1.1B	1.1B
2011	977.1M	986.0M	1.0B	1.0B
2010	916.9M	928.4M	953.5M	977.6M
2009	0	950.2M	929.8M	916.1M
2008	0	0	0	996.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Cedar Fair LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 28, 2024	fisher tim	acquired	-	-	12,009	chief operating officer
Mar 28, 2024	nurse brian	acquired	-	-	7,234	exec vp, chief legal officer
Mar 28, 2024	hoffman david r.	acquired	-	-	2,995	senior vp & cao
Mar 28, 2024	myers charles	acquired	-	-	2,532	senior vp, creative develop.
Mar 28, 2024	witherow brian c	acquired	-	-	10,490	executive vp & cfo
Mar 28, 2024	sauls monica	acquired	-	-	3,617	senior vp chro
Mar 28, 2024	zimmerman richard	acquired	-	-	36,171	president & ceo
Feb 26, 2024	fisher tim	acquired	-	-	12,677	chief operating officer
Feb 26, 2024	myers charles	sold (taxes)	-86,014	39.24	-2,192	senior vp, creative develop.
Feb 26, 2024	fisher tim	sold (taxes)	-394,519	39.24	-10,054	chief operating officer

Which funds bought or sold FUN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	2,217	44,246	-%
Apr 23, 2024	HALL LAURIE J TRUSTEE	unchanged	-	3,000	59,000	0.02%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-19,900	-	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	1,976	31,844	-%
Apr 22, 2024	Oakworth Capital, Inc.	unchanged	-	238	4,735	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-4.17	9,580	1,087,790	-%
Apr 22, 2024	Rockwood Wealth Management, LLC	unchanged	-	27,791	554,505	0.07%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	0.77	42,252	736,125	-%
Apr 19, 2024	Financial Perspectives, Inc	unchanged	-	210	4,190	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	2,000	24,000	-%

Are Funds Buying or Selling FUN?

Are funds buying FUN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FUN

No. of Funds

Unveiling Cedar Fair LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	morgan stanley	9.2%	4,669,409	SC 13G/A
Feb 08, 2024	ing groep nv	7.45%	3,798,700	SC 13G/A
Feb 06, 2024	goldman sachs group inc	7.9%	4,010,517	SC 13G/A
Feb 06, 2024	jpmorgan chase & co	5.7%	2,950,980	SC 13G
Feb 05, 2024	goldman sachs group inc	7.9%	4,010,517	SC 13G/A
Feb 14, 2023	bank of america corp /de/	4.7%	2,570,133	SC 13G/A
Feb 13, 2023	ing groep nv	5.15%	2,798,700	SC 13G
Feb 08, 2023	morgan stanley	9.0%	4,892,132	SC 13G/A
Feb 08, 2023	goldman sachs group inc	9.0%	4,896,194	SC 13G/A
Jan 24, 2023	ccp sbs gp, llc	1.5%	842,016	SC 13G/A

Recent SEC filings of Cedar Fair LP

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	8-K	Current Report
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to Cedar Fair LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	120.8B	21.4B	-2.50%	31.88%	28.16	5.65	25.01%	40.26%
ABNB	102.5B	9.9B	-4.12%	38.61%	21.4	10.34	18.07%	153.14%
DKNG	35.4B	3.7B	-12.73%	-	-44.13	9.66	63.60%	41.79%
RCL	35.1B	13.9B	0.48%	118.99%	20.67	2.52	57.24%	178.71%
CCL	16.9B	22.6B	-13.41%	59.38%	41.62	0.75	77.46%	108.27%
MGM	13.7B	16.2B	-3.62%	-4.22%	11.95	0.84	23.13%	-22.46%
MID-CAP
NCLH	8.3B	8.5B	-5.51%	49.89%	49.67	0.97	76.51%	107.32%
HAS	8.1B	5.0B	6.02%	12.39%	-5.42	1.61	-14.57%	-831.84%
MAT	6.4B	5.4B	-3.55%	8.95%	30.06	1.18	0.12%	-45.58%
PENN	2.7B	6.4B	0.93%	-41.06%	-5.55	0.43	-0.61%	-320.62%
SMALL-CAP
PTON	1.1B	2.7B	-25.71%	-66.60%	-1.26	0.4	-10.55%	68.37%
ACEL	978.8M	1.2B	-0.09%	35.14%	21.46	0.84	20.69%	-38.46%
AGS	340.8M	356.5M	-1.25%	55.18%	796.36	0.96	15.22%	105.33%
CLAR	235.2M	286.0M	-10.87%	-36.27%	-23.18	0.82	-9.27%	85.46%
CNTY	94.4M	550.2M	16.92%	-55.89%	-3.35	0.17	27.80%	-453.54%

Cedar Fair LP News

Latest updates

Cedar Fair LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-55.9%	371	842	501	85.00	366	843	509	99.00	351	753	224	129	34.00	87.00	7.00	54.00	257	715	436	67.00	250
Costs and Expenses	-36.1%	342	535	407	208	317	401	397	183	322	504	263	102	143	225	149	238	240	439	334	152	210
Operating Expenses	-37.3%	189	301	236	133	189	323	232	120	203	273	156	66.00	74.00	101	67.00	106	139	228	178	98.00	122
S&GA Expenses	-9.2%	87.00	96.00	67.00	46.00	66.00	88.00	66.00	41.00	51.00	91.00	47.00	30.00	31.00	28.00	24.00	25.00	48.00	83.00	60.00	32.00	43.00
EBITDA Margin	-3.2%	0.26*	0.27*	0.34*	0.35*	0.37*	0.37*	0.28*	0.23*	0.23*	0.18*	-0.24*	-0.57*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.1%	36.00	36.00	37.00	32.00	37.00	37.00	40.00	38.00	48.00	46.00	46.00	44.00	46.00	40.00	37.00	27.00	72.00	28.00	-22.85	-20.69	147
Income Taxes	-84.6%	8.00	51.00	14.00	-24.09	3.00	61.00	19.00	-19.15	3.00	44.00	-10.61	-16.30	-21.76	-30.39	-36.76	-49.01	-0.72	49.00	15.00	-19.98	1.00
Earnings Before Taxes	-100.8%	-2.16	266	67.00	-158	15.00	394	70.00	-107	-24.04	192	-69.48	-126	-127	-166	-169	-264	2.00	239	78.00	-103	-21.05
EBT Margin	-9.3%	0.10*	0.11*	0.18*	0.18*	0.20*	0.18*	0.08*	-0.01*	-0.02*	-0.13*	-0.64*	-1.25*	-	-	-	-	-	-	-	-	-
Net Income	-104.6%	-9.95	215	54.00	-134	12.00	333	51.00	-88.51	-27.22	148	-58.87	-110	-105	-136	-132	-215	3.00	190	63.00	-83.67	-22.50
Net Income Margin	-15.4%	0.07*	0.08*	0.15*	0.15*	0.17*	0.15*	0.05*	-0.02*	-0.04*	-0.12*	-0.54*	-1.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-101.4%	-4.34	317	120	-107	-4.76	266	242	-95.37	-28.90	283	37.00	-90.38	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.4%	2,241	2,319	2,316	2,210	2,236	2,414	2,417	2,350	2,313	2,814	2,664	2,628	2,693	2,502	2,658	2,389	2,581	2,658	2,533	2,132	2,024
Current Assets	-31.6%	209	305	263	184	244	439	476	265	264	748	524	479	555	341	415	93.00	294	385	500	186	200
Cash Equivalents	-51.3%	65.00	134	49.00	34.00	101	288	125	50.00	61.00	563	293	272	377	225	301	26.00	182	258	325	60.00	105
Inventory	-19.7%	44.00	55.00	66.00	57.00	45.00	50.00	57.00	39.00	32.00	37.00	47.00	48.00	47.00	51.00	46.00	7.00	33.00	38.00	47.00	43.00	31.00
Net PPE	1.3%	1,635	1,614	1,649	1,621	1,582	1,562	1,600	1,746	1,711	1,730	1,802	1,810	1,802	1,814	1,863	1,876	1,842	1,832	1,799	1,647	1,599
Goodwill	0.4%	265	264	265	262	263	263	266	268	267	267	269	268	267	264	276	275	360	358	181	180	179
Current Liabilities	-9.8%	403	446	496	412	397	461	509	407	382	417	443	333	300	297	231	178	324	329	360	294	235
Long Term Debt	0.1%	2,275	2,273	2,428	2,438	2,268	2,265	2,546	2,647	2,519	2,964	2,961	2,957	2,954	2,662	2,661	2,217	2,146	2,149	2,148	1,777	1,658
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8.00	8.00	8.00	8.00	8.00	6.00
LT Debt, Non Current	0.1%	2,275	2,273	2,428	2,438	2,268	2,265	2,546	2,647	2,519	2,964	2,961	2,957	2,954	2,662	2,661	2,217	2,146	2,149	2,148	1,777	1,658
Accumulated Depreciation	1.1%	2,369	2,342	2,288	2,241	2,235	2,216	2,165	2,126	2,118	2,096	2,028	1,994	1,995	1,959	1,894	1,837	1,855	1,829	1,768	1,735	1,727
Float	-	-	-	2,016	-	-	-	2,405	-	-	-	2,593	-	-	-	1,564	-	-	-	2,644	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-101.4%	-4,343	316,883	120,278	-107,143	-4,761	266,185	241,614	-95,366	-28,902	283,109	37,398	-90,379	-141,085	-55,791	-114,522	-105,139	13,902	290,455	155,426	-56,742	16,306
Share Based Compensation	-17.6%	6,770	8,221	2,567	5,053	5,502	3,204	8,225	3,658	3,521	2,903	3,638	5,369	1,633	1,683	1,269	-4,794	3,674	2,930	2,763	2,543	-
Cashflow From Investing	-12.8%	-50,843	-45,085	-69,797	-54,697	-45,306	267,744	-61,809	-33,981	-19,635	-14,057	-15,725	-8,361	-2,047	-18,137	-42,605	-58,032	-34,046	-303,934	-209,456	-52,780	-43,988
Cashflow From Financing	91.1%	-16,426	-184,527	-36,225	94,177	-137,118	-366,321	-104,019	117,906	-460,347	61.00	-62.00	-6,085	291,007	-1,997	431,221	10,619	-56,935	-52,620	317,858	62,166	-53,335

FUN Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net revenues:
Net revenues	$ 1,798,668	$ 1,817,383	$ 1,338,219
Costs and expenses:
Operating expenses	860,154	864,304	698,242
Selling, general and administrative	296,458	260,592	219,758
Depreciation and amortization	157,995	153,274	148,803
Loss on impairment / retirement of fixed assets, net	18,067	10,275	10,486
Gain on sale of land	0	(155,250)	0
Loss on other assets	0	0	129
Total costs and expenses	1,492,504	1,297,441	1,189,884
Operating income	306,164	519,942	148,335
Interest expense	141,770	151,940	184,032
Net effect of swaps	0	(25,641)	(19,000)
Loss on early debt extinguishment	0	1,810	5,909
(Gain) loss on foreign currency	(5,525)	23,784	6,177
Other income	(2,683)	(3,608)	(300)
Income (loss) before taxes	172,602	371,657	(28,483)
Provision for taxes	48,043	63,989	20,035
Net income (loss)	124,559	307,668	(48,518)
Net income (loss) allocated to general partner	1	3	0
Net income (loss) allocated to limited partners	124,558	307,665	(48,518)
Other comprehensive (loss) income (net of tax):
Foreign currency translation	(908)	6,666	6,344
Other comprehensive (loss) income (net of tax)	(908)	6,666	6,344
Total comprehensive income (loss)	$ 123,651	$ 314,334	$ (42,174)
Basic income (loss) per limited partner unit:
Weighted average limited partner units outstanding (in shares)	50,938	55,825	56,610
Net income (loss) per limited partner unit (in dollars per share)	$ 2.45	$ 5.51	$ (0.86)
Diluted income (loss) per limited partner unit:
Weighted average limited partner units outstanding (in shares)	51,508	56,414	56,610
Net income (loss) per limited partner unit (in dollars per share)	$ 2.42	$ 5.45	$ (0.86)
Admissions
Net revenues:
Net revenues	$ 894,728	$ 925,903	$ 674,799
Food, merchandise and games
Net revenues:
Net revenues	613,969	602,603	432,513
Costs and expenses:
Cost of food, merchandise and games revenues	159,830	164,246	112,466
Accommodations, extra-charge products and other
Net revenues:
Net revenues	$ 289,971	$ 288,877	$ 230,907

FUN Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 65,488	$ 101,189
Receivables	79,513	70,926
Inventories	44,097	45,297
Prepaid insurance	4,925	12,570
Other current assets	14,817	13,777
Total current assets	208,840	243,759
Property and Equipment:
Land	288,761	287,968
Land improvements	523,336	492,324
Buildings	991,424	930,850
Rides and equipment	2,125,726	2,030,640
Construction in progress	74,948	75,377
Total property and equipment, gross	4,004,195	3,817,159
Less accumulated depreciation	(2,368,862)	(2,234,800)
Total property and equipment, net	1,635,333	1,582,359
Goodwill	264,625	263,206
Other Intangibles, net	49,062	48,950
Right-of-Use Asset	81,173	92,966
Other Assets	1,500	4,657
Assets	2,240,533	2,235,897
Current Liabilities:
Accounts payable	37,595	54,983
Deferred revenue	183,689	162,711
Accrued interest	32,587	32,173
Accrued taxes	45,296	35,329
Accrued salaries, wages and benefits	37,421	53,332
Self-insurance reserves	30,784	27,766
Other accrued liabilities	35,354	30,678
Total current liabilities	402,726	396,972
Deferred Tax Liability	63,403	69,412
Lease Liability	71,951	81,757
Other Liabilities	9,964	11,203
Long-Term Debt:
Notes	2,275,451	2,268,155
Total long-term debt	2,275,451	2,268,155
Commitments and Contingencies (Note 2)
Partners’ Deficit:
Special L.P. interests	5,290	5,290
General partner	(6)	(4)
Limited partners, 51,013 and 52,563 units outstanding as of December 31, 2023 and December 31, 2022, respectively	(602,947)	(612,497)
Accumulated other comprehensive income	14,701	15,609
Total partners' equity	(582,962)	(591,602)
Total Partners' Equity and Liabilities	$ 2,240,533	$ 2,235,897

About Cedar Fair LP

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 in 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 owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point's Express Hotel, and Sawmill Creek Resort. Cedar Fair, L.P. was founded in 1983 and is headquartered in Sandusky, Ohio.

CEO	Mr. Richard A. Zimmerman
WEBSITE	cedarfair.com
INDUSTRY	Leisure
EMPLOYEES	4400

Cedar Fair LP Frequently Asked Questions

What is the ticker symbol for Cedar Fair LP? What does FUN stand for in stocks?

FUN is the stock ticker symbol of Cedar Fair LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cedar Fair LP (FUN)?

As of Tue Apr 23 2024, market cap of Cedar Fair LP is 1.97 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FUN stock?

You can check FUN's fair value in chart for subscribers.

What is the fair value of FUN stock?

You can check FUN's fair value in chart for subscribers. The fair value of Cedar Fair LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cedar Fair LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FUN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cedar Fair LP a good stock to buy?

The fair value guage provides a quick view whether FUN is over valued or under valued. Whether Cedar Fair LP is cheap or expensive depends on the assumptions which impact Cedar Fair LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FUN.

What is Cedar Fair LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FUN's PE ratio (Price to Earnings) is 15.83 and Price to Sales (PS) ratio is 1.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FUN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cedar Fair LP's stock?

In the past 10 years, Cedar Fair LP has provided 0.005 (multiply by 100 for percentage) rate of return.