$0.95 EPS Expected for Cedar Fair, L.P. (FUN)

July 27, 2018 - By Billy Entrekin

Cedar Fair, L.P. (NYSE:FUN) LogoInvestors sentiment decreased to 1.03 in 2018 Q1. Its down 0.04, from 1.07 in 2017Q4. It is negative, as 20 investors sold Cedar Fair, L.P. shares while 47 reduced holdings. 20 funds opened positions while 49 raised stakes. 27.90 million shares or 0.25% more from 27.83 million shares in 2017Q4 were reported.
Regions Financial Corp accumulated 2,000 shares. Citadel Advsrs Ltd Limited Liability Company invested in 0% or 7,153 shares. Kansas-based Koch has invested 0.02% in Cedar Fair, L.P. (NYSE:FUN). Assetmark owns 150 shares for 0% of their portfolio. Ameriprise, Minnesota-based fund reported 499,612 shares. Acadian Asset Management Ltd Com has 0.01% invested in Cedar Fair, L.P. (NYSE:FUN). Guggenheim Limited Liability Company accumulated 15,622 shares or 0% of the stock. Pecaut &, a Iowa-based fund reported 6,200 shares. Kentucky-based Stock Yards Natl Bank has invested 0.05% in Cedar Fair, L.P. (NYSE:FUN). Osterweis Capital Management holds 1.73% of its portfolio in Cedar Fair, L.P. (NYSE:FUN) for 380,383 shares. Silvercrest Asset Mgmt Grp Inc Lc holds 3,200 shares or 0% of its portfolio. Focused Wealth Mngmt stated it has 235 shares or 0% of all its holdings. Stifel Financial owns 182,135 shares. Carnegie Capital Asset Lc accumulated 84,564 shares or 0.46% of the stock. Northern reported 6,392 shares stake.

Since February 26, 2018, it had 0 insider purchases, and 2 sales for $399,132 activity.

Analysts expect Cedar Fair, L.P. (NYSE:FUN) to report $0.95 EPS on August, 1 before the open.They anticipate $0.13 EPS change or 15.85 % from last quarter’s $0.82 EPS. FUN’s profit would be $53.60 million giving it 15.13 P/E if the $0.95 EPS is correct. After having $-1.27 EPS previously, Cedar Fair, L.P.’s analysts see -174.80 % EPS growth. The stock decreased 1.84% or $1.08 during the last trading session, reaching $57.5. About 111,615 shares traded. Cedar Fair, L.P. (NYSE:FUN) has declined 7.32% since July 27, 2017 and is downtrending. It has underperformed by 19.89% the S&P500.

Cedar Fair, L.P. (NYSE:FUN) Ratings Coverage

Among 4 analysts covering Cedar Fair (NYSE:FUN), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cedar Fair has $77.0 highest and $70 lowest target. $75.25’s average target is 30.87% above currents $57.5 stock price. Cedar Fair had 4 analyst reports since February 14, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, July 19 by FBR Capital. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, February 14 report.

Cedar Fair, L.P. owns and operates amusement and water parks, and hotels in the United States and Canada. The company has market cap of $3.24 billion. As of February 15, 2017, the firm operated approximately 11 amusement parks, 2 outdoor water parks, 1 indoor water park, and 5 hotels. It has a 16.62 P/E ratio. The Company’s 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, Canada; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Kings Dominion located near Richmond, Virginia; California's Great America located in Santa Clara, California; Valleyfair located near Minneapolis/St.

More notable recent Cedar Fair, L.P. (NYSE:FUN) news were published by: Bizjournals.com which released: “Environmental group thrown for a loop when state changes limits on Worlds of Fun pollutants” on July 09, 2018, also Fool.com with their article: “Six Flags and Cedar Fair Have a Lot to Prove This Summer” published on July 24, 2018, Fool.com published: “3 Dividend Stocks That Pay You More Than IBM Does” on July 24, 2018. More interesting news about Cedar Fair, L.P. (NYSE:FUN) were released by: Seekingalpha.com and their article: “Cedar Fair Drops 8% On Disappointing Q2 Results” published on July 11, 2018 as well as Benzinga.com‘s news article titled: “Wedbush Steps Out Of Six Flags Line, Says Cedar Fair Results Signal Sector Weakness” with publication date: July 20, 2018.

Cedar Fair, L.P. (NYSE:FUN) Institutional Positions Chart

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