Cinemark Holdings Inc [CNK] stock prices are down -1.44% to $26.05 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNK shares have gain 7.42% over the last week, with a monthly amount drifted -6.26%, 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.
The stock price of Cinemark Holdings Inc [CNK] has been fluctuating between $16.32 and $36.28 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Cinemark Holdings Inc [NYSE: CNK] shares were valued at $26.05 at the most recent close of the market. An investor can expect a potential return of 34.36% based on the average CNK price forecast.
Analyzing the CNK fundamentals
The Cinemark Holdings Inc [NYSE:CNK] reported sales of 3.05B for trailing twelve months, representing a surge of 27.45%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.67 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.73.
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 25.86 points at the first support level, and at 25.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.27, and for the 2nd resistance point, it is at 26.50.
Ratios To Look Out For
It’s worth pointing out that Cinemark Holdings Inc [NYSE:CNK]’s Current Ratio is 1.01. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.82. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 5.36 and price to earnings (TTM) ratio is 12.84.
Transactions by insiders
Recent insider trading involved Thomas Melissa, EVP, Chief Financial Officer, that happened on Feb 28 ’25 when 7200.0 shares were sold. Officer, Thomas Melissa completed a deal on Feb 28 ’25 to buy 7200.0 shares. Meanwhile, Chief Marketing & Content Ofc Gierhart Wanda Marie sold 9119.0 shares on Feb 25 ’25.
