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After finishing at $21.84 in the prior trading day, Cinemark Holdings Inc (NYSE: CNK) closed at $21.67, down -0.78%. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 2.46 million shares were traded. CNK stock price reached its highest trading level at $22.14 during the session, while it also had its lowest trading level at $21.62.
Ratios:
Our goal is to gain a better understanding of CNK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 10.90 whereas as Long-Term Debt/Eq ratio is at 10.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on July 08, 2024, Upgraded its rating to Buy and sets its target price to $27 from $16 previously.
On June 24, 2024, ROTH MKM Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $19 to $26.
Wells Fargo Upgraded its Underweight to Overweight on April 05, 2024, whereas the target price for the stock was revised from $13 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’24 when Gierhart Wanda Marie sold 19,593 shares for $16.75 per share. The transaction valued at 328,183 led to the insider holds 179,591 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNK now has a Market Capitalization of 2672040960 and an Enterprise Value of 5369237504. As of this moment, Cinemark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.90, and their Forward P/E ratio for the next fiscal year is 13.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 8.12. Its current Enterprise Value per Revenue stands at 1.769 whereas that against EBITDA is 9.515.
Stock Price History:
Over the past 52 weeks, CNK has reached a high of $22.19, while it has fallen to a 52-week low of $13.19. The 50-Day Moving Average of the stock is 17.73%, while the 200-Day Moving Average is calculated to be 29.95%.
Shares Statistics:
The stock has traded on average 2.84M shares per day over the past 3-months and 2689910 shares per day over the last 10 days, according to various share statistics. A total of 121.60M shares are outstanding, with a floating share count of 109.21M. Insiders hold about 10.74% of the company’s shares, while institutions hold 122.76% stake in the company. Shares short for CNK as of 1718323200 were 28064463 with a Short Ratio of 9.88, compared to 1715731200 on 27113799. Therefore, it implies a Short% of Shares Outstanding of 28064463 and a Short% of Float of 44.66.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.05.
Earnings Estimates
Currently, 7.0 analysts are dedicated to thoroughly evaluating and rating the performance of Cinemark Holdings Inc (CNK) in the stock market.On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.21 and a low estimate of -$0.1, while EPS last year was $0.8. The consensus estimate for the next quarter is $0.41, with high estimates of $0.68 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.83 and $0.75 for the fiscal current year, implying an average EPS of $1.1. EPS for the following year is $1.71, with 7.0 analysts recommending between $2.27 and $1.35.
Revenue Estimates
9 analysts predict $700.69M in revenue for the current quarter. It ranges from a high estimate of $819.09M to a low estimate of $634M. As of the current estimate, Cinemark Holdings Inc’s year-ago sales were $869.23MFor the next quarter, 9 analysts are estimating revenue of $809.53M. There is a high estimate of $858.26M for the next quarter, whereas the lowest estimate is $758.6M.
A total of 11 analysts have provided revenue estimates for CNK’s current fiscal year. The highest revenue estimate was $2.98B, while the lowest revenue estimate was $2.71B, resulting in an average revenue estimate of $2.87B. In the same quarter a year ago, actual revenue was $3.07BBased on 11 analysts’ estimates, the company’s revenue will be $3.25B in the next fiscal year. The high estimate is $3.34B and the low estimate is $3.14B.
