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Is this Large Market Cap Stock target price reasonable for Cedar Fair, L.P. (NYSE:FUN)?

The company in question is, Cedar Fair, L.P. (NYSE:FUN) currently with a stock price of 56.91 (0.39% today). The market cap for Cedar Fair, L.P. is 3168.97, and is in the sector Services, and General Entertainment industry. The target price for Cedar Fair, L.P. is 67.29. Currently Cedar Fair, L.P. is trading with a P/E of 21.65, and a forward P/E of 15.49. Average volume for Cedar Fair, L.P. is 171.27 and so far today it is 84551.

Performance in the last year for Cedar Fair, L.P. has been 9.92%. For EPS growth, Cedar Fair, L.P. has seen a growth of 7.00%, and is looking to grow in the next year to 0.49%. More long term stats show that EPS growth has been 39.80% over the last five years and could be 25.43% for the next five years. Cedar Fair, L.P. has seen sales growth quarter over quarter at 2.80%, with EPS growth quarter over quarter at 0.60%. The 20-day simple moving average is -2.46%, with the 200-day simple moving average coming to 0.85%.

Since the IPO date for Cedar Fair, L.P. on the 4/23/1987, Cedar Fair, L.P. has seen performance year to date to be 5.92%. With Cedar Fair, L.P. trading at 56.91, the dividend yield is 5.82%, and the EPS is 2.62.

So could Cedar Fair, L.P., be undervalued? Well as said before P/E is 21.65. The PEG is 0.85, P/S is 2.52 and the P/B is at *TBA. The P/cash is 46.53, with P/free cash flow at 136.01.

Cedar Fair, L.P. ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.5. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, Cedar Fair, L.P. has a gross margin of 91.50%, an operating margin of 23.90% and a profit margin of 11.80%.Payout ratio for Cedar Fair, L.P. is 119.90%. Return on assets come to 7.30% with return on investment coming to 17.10%.

Insider ownership for Cedar Fair, L.P., is at 0.20% and institutional ownership comes to 51.20%. Outstanding shares are at 55.9. While shares float is 55.47. The float short is currently 0.73%, and short ratio is 2.37.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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