Cedar Fair, L.P. with ticker code (FUN) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 61 and 45 with the average target price sitting at $53.78. Given that the stocks previous close was at $41.37 this would indicate that there is a potential upside of 30.0%. The 50 day moving average now sits at $44.54 and the 200 moving average now moves to $42.20. The total market capitalization for the company now stands at $2,134m. Visit the company website at: https://www.cedarfair.com
The potential market cap would be $2,774m based on the market consensus.
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.
The company has a dividend yield of 2.9% with the ex dividend date set at 6-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.53, revenue per share of 32.56 and a 10.3% return on assets.
