Press coverage about Cinemark (NYSE:CNK) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cinemark earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.5715299744585 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of brokerages recently weighed in on CNK. Zacks Investment Research cut Cinemark from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 16th. Barrington Research reiterated a “buy” rating and issued a $47.00 price target on shares of Cinemark in a research note on Monday, August 13th. ValuEngine upgraded Cinemark from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. Wedbush set a $43.00 price target on Cinemark and gave the company a “buy” rating in a research note on Wednesday, August 8th. Finally, B. Riley reiterated a “buy” rating on shares of Cinemark in a research note on Monday, August 6th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $41.59.
Cinemark stock opened at $37.94 on Thursday. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.43 and a quick ratio of 1.39. Cinemark has a one year low of $32.03 and a one year high of $44.00. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.25 and a beta of 0.99.
Cinemark (NYSE:CNK) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.05). Cinemark had a net margin of 8.86% and a return on equity of 19.49%. The business had revenue of $889.05 million during the quarter, compared to analysts’ expectations of $897.68 million. During the same quarter last year, the business posted $0.44 earnings per share. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. equities analysts predict that Cinemark will post 1.99 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 18th. Shareholders of record on Tuesday, September 4th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Friday, August 31st. Cinemark’s dividend payout ratio (DPR) is presently 56.64%.
Cinemark Company Profile
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 June 30, 2018, the company operated 539 theatres and 5,998 screens.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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