The Short-term Rise and Fall of Cinemark Holdings Inc (CNK) Stock

Cinemark Holdings Inc [CNK] stock prices are up 1.11% to $32.74 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CNK shares have gain 10.27% over the last week, with a monthly amount glided 12.55%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Cinemark Holdings Inc [NYSE: CNK] stock has seen the most recent analyst activity on November 01, 2024, when Wedbush downgraded its rating to a Neutral but kept the price target unchanged to $32 for it. Previously, Barrington Research upgraded its rating to Outperform on October 31, 2024, and kept the price target unchanged to $36. On August 28, 2024, downgrade downgraded it’s rating to Mkt Perform. B. Riley Securities downgraded its rating to a Neutral but stick to its price target of $31 on August 27, 2024. Barrington Research reiterated its recommendation of a Outperform and raised its price target to $28 on August 05, 2024. B. Riley Securities upgraded its rating to Buy for this stock on July 08, 2024, and upped its price target to $27. In a note dated June 24, 2024, ROTH MKM upgraded an Buy rating on this stock and boosted its target price from $19 to $26.

The stock price of Cinemark Holdings Inc [CNK] has been fluctuating between $13.19 and $32.48 over the past year. Currently, Wall Street analysts expect the stock to reach $25.9 within the next 12 months. Cinemark Holdings Inc [NYSE: CNK] shares were valued at $32.74 at the most recent close of the market. An investor can expect a potential drop of -20.89% based on the average CNK price forecast.

Analyzing the CNK fundamentals

The Cinemark Holdings Inc [NYSE:CNK] reported sales of 2.87B for trailing twelve months, representing a surge of 5.37%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.62 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.59.

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 32.22 points at the first support level, and at 31.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.19, and for the 2nd resistance point, it is at 33.63.

Ratios To Look Out For

It’s worth pointing out that Cinemark Holdings Inc [NYSE:CNK]’s Current Ratio is 0.98. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 7.17 and price to earnings (TTM) ratio is 21.05.

Transactions by insiders

Recent insider trading involved Fernandes Valmir, Pr – Cinemark International, that happened on Nov 12 ’24 when 25000.0 shares were sold. Officer, Fernandes Valmir completed a deal on Nov 12 ’24 to buy 25000.0 shares. Meanwhile, Pr – Cinemark International Fernandes Valmir sold 25000.0 shares on Aug 19 ’24.

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