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.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.



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.