These Numbers Could Change Investor Views For Cinemark Holdings Inc (NYSE: CNK)

Currently, there are 121.60M common shares owned by the public and among those 109.21M shares have been available to trade.

The company’s stock has a 5-day price change of 14.51% and 54.03% over the past three months. CNK shares are trading 85.95% year to date (YTD), with the 12-month market performance up to 49.46% higher. It has a 12-month low price of $13.19 and touched a high of $25.51 over the same period. CNK has an average intraday trading volume of 3.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 18.16%, 29.55%, and 53.33% respectively.

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Institutional ownership of Cinemark Holdings Inc (NYSE: CNK) shares accounts for 127.53% of the company’s 121.60M shares outstanding.

It has a market capitalization of $3.21B and a beta (3y monthly) value of 2.27. The stock’s trailing 12-month PE ratio is 26.82, while the earnings-per-share (ttm) stands at $0.98. The company has a PEG of 2.68 and a Quick Ratio of 1.26 with the debt-to-equity ratio at 9.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.59% over the week and 3.75% over the month.

Analysts forecast that Cinemark Holdings Inc (CNK) will achieve an EPS of 0.39 for the current quarter, 0.43 for the next quarter and 1.79 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.29 while analysts give the company a high EPS estimate of 0.29. Comparatively, EPS for the current quarter was 0.61 a year ago. Earnings per share for the fiscal year are expected to decrease by -3.91%, and 35.05% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to -6.07% over the past 5-year period.

Looking at the support for the CNK, a number of firms have released research notes about the stock. Barrington Research stated their Outperform rating for the stock in a research note on August 05, 2024, with the firm’s price target at $24-$28. B. Riley Securities coverage for the Cinemark Holdings Inc (CNK) stock in a research note released on July 08, 2024 offered a Buy rating with a price target of $27. ROTH MKM was of a view on June 24, 2024 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on April 05, 2024, issuing a price target of $13- $23. B. Riley Securities on their part issued Neutral rating on January 02, 2024.

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