A share price of Cinemark Holdings Inc [CNK] is currently trading at $29.47, up 1.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CNK shares have gain 2.22% over the last week, with a monthly amount drifted -4.84%, and not seem to be holding up well over a long-time horizon.
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.
Cinemark Holdings Inc experienced fluctuations in its stock price throughout the past year between $13.45 and $36.28. Currently, Wall Street analysts expect the stock to reach $29.8 within the next 12 months. Cinemark Holdings Inc [NYSE: CNK] shares were valued at $29.47 at the most recent close of the market. An investor can expect a potential return of 1.12% based on the average CNK price forecast.
Analyzing the CNK fundamentals
Trailing Twelve Months sales for Cinemark Holdings Inc [NYSE:CNK] were 2.87B which represents 5.37% growth. 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 of6.24.
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 29.20 points at the first support level, and at 28.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.81, and for the 2nd resistance point, it is at 30.16.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cinemark Holdings Inc [NYSE:CNK] is 0.98. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.8. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 6.46 and price to earnings (TTM) ratio is 18.95.
Transactions by insiders
Recent insider trading involved Thomas Melissa, EVP, Chief Financial Officer, that happened on Dec 16 ’24 when 14400.0 shares were sold. Officer, Thomas Melissa completed a deal on Dec 16 ’24 to buy 14400.0 shares. Meanwhile, Chief Executive Officer Gamble Sean sold 0.13 million shares on Dec 06 ’24.
