MARKET COMPOSITE
FUN - Cedar Fair L.P.8:00:02 PM 9/29/2023
Price
$37.00
-0.06 (-0.16%)
Cedar Fair, L.P., doing business as the Cedar Fair Entertainment Company, is a publicly traded master limited partnership headquartered at its Cedar Point amusement park in Sandusky, Ohio. The company owns and operates twelve amusement parks, four outdoor water parks, one indoor water park, and five hotels in the US and Canada. Cedar Fair also manages Gilroy Gardens under contract with the city of Gilroy, California. Cedar Point opened in 1870 as a recreational area. The park was developed over the years rarely changing management. The park belonged to the Cedar Point Pleasure Company. In 1974, Cedar Point Pleasure Company proposed building an amusement park in Cambridge Township, Michigan on the former Frontier City amusement park site. Those plans were abandoned in 1975. Three years later, Cedar Point acquired Valleyfair. The name Cedar Fair then was derived from the names of both parks, "Cedar" coming from Cedar Point and "Fair" coming from Valleyfair. Cedar Fair was founded in 1983 then went public on April 29, 1987.
Financials
Quarterly financials
(USD)Mar 2023Q/Q
Revenue84.6MM-77%
Operating Income-122.9MM-349%
Operating Expenses207.5MM-
Net Income-134.5MM-1189%
G&A46.5MM-30%
Amortization13.7MM-49%
Interest Expense32.1MM-12%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    The facility marks the Cedar Fair amusement park and resort company's first foray into esports and gaming entertainment.

    SANDUSKY, Ohio, September 26, 2023--Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced it is taking a leap into the virtual world with the much-anticipated opening of Cedar Point Esports on Friday, October 6, 2023. The grand opening will mark the inception of a new era for the park, as it expands into the exciting realm of esports and gaming entertainment.

    Disney, Six Flags and others are counting on ghouls, ghosts and zombie attractions after hot weather cut into summer visits.

    SANDUSKY, Ohio, September 11, 2023--Cedar Fair Parks Win Three Golden Ticket Awards for 2023

    Halloween Haunt and The Great Pumpkin Fest offer new attractions and entertainmentAllentown, PA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- On the heels of its historic 2024 Iron Menace roller coaster announcement, Dorney Park is ready for Halloween Haunt to return Friday, September 15. This year the sinister transformation offers some dynamic changes and promises to turn the theme park into a scream park filled with unforgettable thrills and unspeakable horrors. “Fall is one of our guests’ favorite tim

    SANDUSKY, Ohio, September 01, 2023--Cedar Fair Announces Departure of Matt Ouimet from Board of Directors

    SANDUSKY, Ohio, August 15, 2023--CEDAR FAIR ANNOUNCES ONLINE AVAILABILITY OF 2022 SCHEDULE K-3

    With that in mind, here are three undervalued stocks with the potential to provide substantial gains for long-term investors. As the owner and operator of 11 regional amusement parks and four water parks, Cedar Fair (NYSE: FUN) is poised to welcome many of these outings. Cedar Fair stock has dropped roughly 7% year to date and is well below its pre-pandemic price of $55 per share.

    SANDUSKY, Ohio, August 10, 2023--Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced exciting plans for the 2024 operating season across multiple parks in the U.S. and Canada. These include the debut of Top Thrill 2, the world’s tallest and fastest triple-launch strata roller coaster at Cedar Point in Ohio, and Iron Menace, the Northeast's first-ever dive roller coaster, at Dorney Park in Pennsylvania. Kings

    Iron Menace will be one of the largest capital investments in park historyALLENTOWN, PA, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Dorney Park & Wildwater Kingdom is diving into the 2024 season with the debut of Iron Menace, the Northeast's first-ever dive roller coaster, opening in 2024. Riders of Iron Menace will start their exhilarating journey in the remains of an old steel mill and then climb 160 feet where they’ll hang over the beyond-vertical first drop before diving into the first of four mind-b