Stock Price & Analysis

Based on the provided data, here's my analysis of FUN stock:

Technical Analysis

The stock is currently trading at $44.38, showing a slight decline of -0.18% in the last session. The stock has been trading between $44.16 and $45.89 with moderate volume of 1.36M shares.

Fundamental Analysis

The RSI(14) reading of 37.32 indicates the stock is approaching oversold territory but hasn't reached extreme levels yet. The MACD at -0.44 suggests bearish momentum in the near term. The stock is currently trading below its 20-day moving average of $47.26, indicating short-term weakness.

Analyst Sentiment

Recent analyst actions have been largely positive. Multiple firms have raised their price targets:

• Truist Securities: $56 (16.96% upside)
• Jefferies: $59 (26.50% upside)
• Citigroup: $57 (17.89% upside)
• Guggenheim: $55 (20.01% upside)

Recent Developments

The company recently completed its merger with Cedar Fair. Despite some hurricane-related disruptions in Q3, the underlying financial performance remained stable. The company reported strong October attendance numbers with a 20% increase in the first five weeks of Q4, and season pass sales were up 8% during the same period.

Forward Outlook

The company has announced "Project Accelerate" with targets including:

• $800 million pre-tax unlevered free cash flow by 2027
• 55 million annual guests target
• $120 million in cost synergies ($50 million by end of 2024)
• Over $1 billion in capital expenditures planned for next two years

Conclusion

Given the current technical weakness but strong fundamental outlook and analyst support, investors should HOLD FUN stock at current levels. While there might be some near-term pressure, the company's strategic initiatives and strong recent operational performance suggest potential upside in the medium term.

Based on the provided data, I'll analyze FUN stock's price prediction for 2025 in 3 concise sentences:

Cedar Fair (FUN) stock is expected to reach $53-55 by end of 2025, representing a ~20% upside from current $44.38 level, driven by continued recovery in park attendance and strong cash flow generation. The company's strategic focus on enhancing guest experience through digital initiatives and new attractions, combined with analyst consensus showing a "Moderate Buy" rating with average price target of $53.33, supports this bullish outlook. However, this projection assumes stable economic conditions and no major COVID-related disruptions, as the company has shown resilience with revenue reaching $1.35 billion and maintaining healthy profit margins.

The S1 support level for FUN Stock is $43.62 ,The R1 resistant level for FUN Stock is $47.41.

As of the end of day on 2025-01-24, the price of FUN Stock was $43.77.

The target price for FUN Stock according to analyst rating is 53.33, with the highest price target at 59.00 and the lowest at 46.00. Analysts have a Moderate Buy rating on FUN Stock overall.

The market cap of FUN is $4.4B.

Based on the provided data, here's a comprehensive analysis of FUN's valuation:

Valuation Analysis FUN currently shows concerning valuation metrics with a significantly high Q3 2024 P/E ratio of 137.04x, well above its Q1 and Q2 levels of 17.54x and 22.08x respectively. The EV/EBITDA multiple has also expanded to 13.26x in Q3 from around 9.5-9.9x earlier in 2024.

Financial Performance The company's Q3 2024 performance shows:

• Revenue of $1.35B
• Net income of $110.97M
• Gross margin improvement to 81.13%
• Net margin of 10.05%

Analyst Sentiment Recent analyst actions indicate mixed but generally positive sentiment:

• Truist Securities raised price target to $56 (16.96% upside)
• Jefferies initiated coverage with $59 target (26.5% upside)
• Citigroup raised target to $57 (17.89% upside)
• JP Morgan maintains Sell rating with $46 target

Key Concerns

• High debt-to-equity ratio of 165.71% in Q3 2024
• Low current ratio of 0.40x indicating potential liquidity concerns
• Significant valuation expansion in recent quarters

Conclusion Based on the analysis, FUN appears overvalued at current levels due to:

1. Extremely elevated P/E multiple in Q3
2. Expanded EV/EBITDA ratio above historical levels
3. High leverage and weak liquidity metrics
4. Mixed analyst sentiment despite recent price target increases
5. Valuation metrics showing significant premium compared to historical levels

While the company shows solid revenue and margin performance, the current valuation multiples suggest limited upside potential and elevated risk levels.

Cedar Fair, L.P. is a regional amusement park operator. The Company operates approximately 13 properties, consisting of 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling more than 2,300 rooms and 600 luxury recreational vehicle (RV) sites. Its parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with rides and immersive entertainment. Its parks operate seasonally except for Knott's Berry Farm, which is typically open daily on a year-round basis. Its seasonal parks are generally open daily from Memorial Day until Labor Day. In addition to daily operations, its seasonal parks are open during select weekends, including at various properties in the fourth quarter for Halloween and winter events. Its Cedar Fairs parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.

Based on the provided data and context, here's the analysis for FUN stock's price prediction for 2030:

Price Target Analysis

Cedar Fair (FUN) stock is projected to reach $64-68 by 2030, driven by the company's strong market position in the amusement park industry and strategic growth initiatives. The projection is supported by analyst Steven Wieczynski's bullish outlook with a near-term price target of $64, and the company's solid fundamentals in shareholder yield strategies.

Key Growth Drivers

The company's expansion across multiple locations in USA and Canada, combined with diversified revenue streams from admission fees, parking, and attractions, positions it well for sustained long-term growth through 2030.

FUN has a total of 3350 employees.