Daily Market Movement: Cinemark Holdings Inc (CNK) Sees a -1.01 Decrease, Closing at 28.33

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The closing price of Cinemark Holdings Inc (NYSE: CNK) was $28.33 for the day, down -1.01% from the previous closing price of $28.62. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 2.09 million shares were traded. CNK stock price reached its highest trading level at $28.845 during the session, while it also had its lowest trading level at $27.79.

Ratios:

Our analysis of CNK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 9.35 whereas as Long-Term Debt/Eq ratio is at 8.71.

On August 27, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $31.

Barrington Research reiterated its Outperform rating for the stock on August 05, 2024, while the target price for the stock was revised from $24 to $28.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 19 ’24 when Fernandes Valmir sold 25,000 shares for $27.19 per share. The transaction valued at 679,750 led to the insider holds 204,729 shares of the business.

Fernandes Valmir bought 25,000 shares of CNK for $679,878 on Aug 19 ’24. On Feb 28 ’24, another insider, Gierhart Wanda Marie, who serves as the Chief Marketing & Content Ofc of the company, sold 19,593 shares for $16.75 each. As a result, the insider received 328,183 and left with 179,591 shares of the company.

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 3467138816 and an Enterprise Value of 6031549440. As of this moment, Cinemark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.00, and their Forward P/E ratio for the next fiscal year is 16.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 9.48. Its current Enterprise Value per Revenue stands at 2.133 whereas that against EBITDA is 12.803.

Stock Price History:

Over the past 52 weeks, CNK has reached a high of $29.07, while it has fallen to a 52-week low of $13.19. The 50-Day Moving Average of the stock is 11.09%, while the 200-Day Moving Average is calculated to be 49.08%.

Shares Statistics:

CNK traded an average of 2.80M shares per day over the past three months and 2168570 shares per day over the past ten days. A total of 121.60M shares are outstanding, with a floating share count of 109.27M. Insiders hold about 10.72% of the company’s shares, while institutions hold 124.12% stake in the company. Shares short for CNK as of 1724976000 were 21618417 with a Short Ratio of 7.71, compared to 1722384000 on 26555573. Therefore, it implies a Short% of Shares Outstanding of 21618417 and a Short% of Float of 34.38.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.05.

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