Are Cinemark Holdings Inc. (NYSE:CNK) shares too expensive at this price?

In the latest session, Cinemark Holdings Inc. (NYSE: CNK) closed at $11.19 up 1.36% from its previous closing price of $11.04. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 1985212 shares were traded. CNK stock price reached its highest trading level at $11.38 during the session, while it also had its lowest trading level at $10.99.

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Ratios:

For a deeper understanding of Cinemark Holdings Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 13.36 whereas as Long-Term Debt/Eq ratio is at 13.17.

Upgrades & Downgrades

On January 03, 2023, B. Riley Securities reiterated its Buy rating and also upped its target price recommendation from $16 to $13.

B. Riley Securities reiterated its Buy rating for the stock on October 12, 2022, while the target price for the stock was revised from $23 to $17.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 09 when SENIOR ENRIQUE sold 35,054 shares for $12.47 per share. The transaction valued at 437,123 led to the insider holds 46,609 shares of the business.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 6.78.

Stock Price History:

Over the past 52 weeks, CNK has reached a high of $19.76, while it has fallen to a 52-week low of $8.28. The 50-Day Moving Average of the stock is 11.19, while the 200-Day Moving Average is calculated to be 13.91.

Shares Statistics:

For the past three months, CNK has traded an average of 3.53M shares per day and 4.39M over the past ten days. A total of 118.40M shares are outstanding, with a floating share count of 108.30M. Shares short for CNK as of Oct 13, 2022 were 21.67M with a Short Ratio of 24.72M, compared to 19.28M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 17.97% and a Short% of Float of 27.82%.

Earnings Estimates

There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.27, while EPS last year was -$0.65. The consensus estimate for the next quarter is $0.09, with high estimates of $0.34 and low estimates of -$0.14.

Analysts are recommending an EPS of between -$1.13 and -$1.58 for the fiscal current year, implying an average EPS of -$1.29. EPS for the following year is $0.38, with 11 analysts recommending between $0.84 and -$0.18.

Revenue Estimates

A total of 11 analysts believe the company’s revenue will be $616.87M this quarter.It ranges from a high estimate of $633.7M to a low estimate of $584M. As of the current estimate, Cinemark Holdings Inc.’s year-ago sales were $434.82M, an estimated increase of 41.90% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $713.99M, an increase of 7.10% less than the figure of $41.90% in the same quarter last year. There is a high estimate of $759.1M for the next quarter, whereas the lowest estimate is $645.4M.

A total of 12 analysts have provided revenue estimates for CNK’s current fiscal year. The highest revenue estimate was $2.59B, while the lowest revenue estimate was $2.46B, resulting in an average revenue estimate of $2.53B. In the same quarter a year ago, actual revenue was $1.51B, up 67.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $2.88B in the next fiscal year. The high estimate is $3.1B and the low estimate is $2.53B. The average revenue growth estimate for next year is up 13.70% from the average revenue estimate for this year.