Cedar Fair (FUN) Projected to Post Quarterly Earnings on Thursday

Cedar Fair (NYSE:FUN - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($2.24) per share and revenue of $235.51 million for the quarter.

Cedar Fair Stock Up 0.1 %

Shares of FUN traded up $0.04 during trading hours on Tuesday, reaching $35.77. 294,325 shares of the stock traded hands, compared to its average volume of 1,468,353. Cedar Fair has a 52 week low of $28.02 and a 52 week high of $58.70. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 1.95. The stock has a fifty day simple moving average of $35.59 and a 200 day simple moving average of $41.99. The company has a market cap of $3.62 billion, a price-to-earnings ratio of -55.87 and a beta of 0.84.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on FUN shares. Mizuho cut their price objective on Cedar Fair from $54.00 to $49.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. Guggenheim lowered their price objective on shares of Cedar Fair from $55.00 to $50.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Barclays initiated coverage on shares of Cedar Fair in a report on Friday, March 14th. They issued an "overweight" rating and a $41.00 price target on the stock. Macquarie reissued an "outperform" rating and set a $55.00 price objective on shares of Cedar Fair in a report on Friday, March 7th. Finally, Stifel Nicolaus lowered their target price on Cedar Fair from $64.00 to $52.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $50.87.

Cedar Fair Company Profile

Cedar Fair, L.P. owns and operates amusement and water parks, as well as complementary resort facilities. 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.