Could this be the case of a blown-up long-term opportunity? Cinemark Holdings Inc (CNK)

Cinemark Holdings Inc [CNK] stock prices are down -0.16% to $18.43 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNK shares have gain 3.95% over the last week, with a monthly amount glided 4.84%, and seem to be holding up well over a long-time horizon.

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On 4, March 2024, Cinemark to Participate in Upcoming Institutional Investor Conference. In a post published today on Yahoo Finance, Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference:.

From an analyst’s perspective:

Cinemark Holdings Inc [NYSE: CNK] stock has seen the most recent analyst activity on January 02, 2024, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $15 from $23. Previously, Wells Fargo downgraded its rating to Underweight on December 20, 2023, and dropped its price target to $13. On December 05, 2023, ROTH MKM reiterated its Neutral rating and revised its price target to $16 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $18 on July 19, 2023. B. Riley Securities upgraded its rating to a Buy and reduced its price target to $20 on July 12, 2023. B. Riley Securities downgraded its rating to Neutral for this stock on June 14, 2023, and downed its price target to $20. In a note dated February 23, 2023, Credit Suisse upgraded an Neutral rating on this stock and boosted its target price from $9 to $12.

The stock price of Cinemark Holdings Inc [CNK] has been fluctuating between $13.19 and $19.85 over the past year. Currently, Wall Street analysts expect the stock to reach $22.17 within the next 12 months. Cinemark Holdings Inc [NYSE: CNK] shares were valued at $18.43 at the most recent close of the market. An investor can expect a potential return of 20.29% based on the average CNK price forecast.

Analyzing the CNK fundamentals

The Cinemark Holdings Inc [NYSE:CNK] reported sales of 3.07B for trailing twelve months, representing a surge of 6.54%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.75 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 8.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.13 points at the first support level, and at 17.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.69, and for the 2nd resistance point, it is at 18.95.

Cinemark Holdings Inc [CNK] reported earnings per share of -$0.15 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.13/share, meaning a difference of -$0.02 and a surprise factor of -15.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.61 per share as compared to estimates of $0.42 per share, a difference of $0.19 representing a surprise of 45.20%.

Ratios To Look Out For

It’s worth pointing out that Cinemark Holdings Inc [NYSE:CNK]’s Current Ratio is 1.45. As well, the Quick Ratio is 1.42, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 7.23 and price to earnings (TTM) ratio is 14.91.

Transactions by insiders

Recent insider trading involved Gierhart Wanda Marie, Chief Marketing & Content Ofc, that happened on Feb 28 ’24 when 19593.0 shares were sold.

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