Headlines about Cinemark (NYSE:CNK) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cinemark earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.1906069779327 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- Nostalgic Dragon Ball Z Titles Come to U.S. Movie Theaters This Fall With ‘Dragon Ball Z: Broly – The Legendary Super Saiyan’ (1993) and ‘Dragon Ball Z Saiyan Double Feature’ (1990 & 1995) (finance.yahoo.com)
- Sight & Sound Theatres® Delivers ‘MOSES’ on Big Screens Nationwide for a Special Two-Night Event This September (finance.yahoo.com)
- ‘Blood Fest’ Slices its Way Through Big Screens Across the Nation on One Thrilling Night August 14 (finance.yahoo.com)
- 50 Years After the Era-Defining Events of 1968, ‘Across the Universe’ Returns to U.S. Cinemas for Three Days Only This Summer, Recalling the Power of Youth, Protest, Music and Passion to Change the World (finance.yahoo.com)
- Here’s how MoviePass, the “Netflix for cinemas,” stacks up against its rivals (finance.yahoo.com)
Several analysts have recently commented on CNK shares. Wedbush set a $47.00 target price on Cinemark and gave the stock a “buy” rating in a research report on Friday, May 4th. Zacks Investment Research lowered Cinemark from a “buy” rating to a “hold” rating in a report on Monday, March 12th. Royal Bank of Canada set a $43.00 price objective on Cinemark and gave the stock a “buy” rating in a research note on Tuesday, April 3rd. ValuEngine lowered Cinemark from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Finally, Moffett Nathanson upgraded Cinemark from a “sell” rating to a “neutral” rating and set a $35.00 price target on the stock in a research note on Thursday, April 5th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $42.05.
CNK opened at $35.08 on Friday. Cinemark has a 12 month low of $32.03 and a 12 month high of $44.00. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.53 and a quick ratio of 1.48. The firm has a market capitalization of $4.13 billion, a P/E ratio of 15.52, a PEG ratio of 1.09 and a beta of 0.95.
Cinemark (NYSE:CNK) last issued its earnings results on Wednesday, May 9th. The company reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.11). Cinemark had a net margin of 8.24% and a return on equity of 17.72%. The firm had revenue of $780.00 million during the quarter, compared to analyst estimates of $758.47 million. During the same quarter last year, the business posted $0.68 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. sell-side analysts forecast that Cinemark will post 2.15 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 22nd. Investors of record on Friday, June 8th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, June 7th. This represents a $1.28 dividend on an annualized basis and a yield of 3.65%. Cinemark’s dividend payout ratio (DPR) is 56.64%.
Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. It operates theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. As of December 31, 2017, the company operated 533 theatres and 5,959 screens.
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