Cedar Fair (FUN)

• Market cap: $4.87B
• 1 day: 4.83%
• 5 days: 5.51%
• 1 month: 5.51%
• 3 months: 17.32%
• 6 months: -4.46%
• Year to date: 23.14%
• 1 year: 29.09%
• 5 years: -13.37%
• 10 years: 3.93%
• Sector: Consumer Discretionary
• Industry: Amusement & Recreation Services

About: Six Flags Entertainment Corp is North America's regional amusement-resort operator with 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada and Mexico. Six Flags provides coasters, themed rides, thrilling water parks, resorts and a portfolio of beloved intellectual property such as Looney Tunes, DC Comics and PEANUTS.

Employees: 53,050

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,009% more call options, than puts

Call options by funds: $78M | Put options by funds: $7.03M

623% more first-time investments, than exits

New positions opened: 217 | Existing positions closed: 30

233% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 10 (+7) [Q3]

139% more funds holding

Funds holding: 135 [Q2] → 322 (+187) [Q3]

87% more capital invested

Capital invested by funds: $2.01B [Q2] → $3.75B (+$1.74B) [Q3]

40% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 30

20.6% more ownership

Funds ownership: 72.11% [Q2] → 92.71% (+20.6%) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $46 5% downside
• Avg. target: $55 12% upside
• High target: $60 23% upside

9 analyst ratings

• positive: 7 78%
• neutral: 1 11%
• negative: 1 11%

Jefferies David Katz 38% 1-year accuracy 6 / 16 met price target	21% upside $59	Buy Initiated	9 Dec 2024
Citigroup James Hardiman 46% 1-year accuracy 11 / 24 met price target	17% upside $57	Buy Maintained	2 Dec 2024
Guggenheim Curry Baker 38% 1-year accuracy 8 / 21 met price target	13% upside $55	Buy Maintained	19 Nov 2024
Macquarie Paul Golding 80% 1-year accuracy 36 / 45 met price target	13% upside $55	Outperform Maintained	7 Nov 2024
JP Morgan Matthew Boss 50% 1-year accuracy 32 / 64 met price target	5% downside $46	Underweight Maintained	7 Nov 2024