Research Analysts Offer Predictions for Cinemark Q2 Earnings

Cinemark Holdings, Inc. (NYSE:CNKFree Report) – Wedbush dropped their Q2 2025 earnings per share (EPS) estimates for shares of Cinemark in a note issued to investors on Friday, November 1st. Wedbush analyst A. Reese now expects that the company will post earnings per share of $0.38 for the quarter, down from their prior forecast of $0.43. Wedbush currently has a “Hold” rating on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.47 per share. Wedbush also issued estimates for Cinemark’s FY2025 earnings at $1.70 EPS and FY2026 earnings at $2.00 EPS.

Cinemark (NYSE:CNKGet Free Report) last released its earnings results on Thursday, October 31st. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.61. The business had revenue of $921.80 million for the quarter, compared to the consensus estimate of $894.90 million. Cinemark had a return on equity of 60.21% and a net margin of 8.36%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 earnings per share.

Several other equities analysts also recently weighed in on CNK. Macquarie raised their price target on shares of Cinemark from $32.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. raised their target price on shares of Cinemark from $25.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Morgan Stanley boosted their target price on Cinemark from $29.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. StockNews.com cut Cinemark from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Roth Mkm boosted their price objective on Cinemark from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Cinemark currently has an average rating of “Moderate Buy” and a consensus target price of $30.80.

Get Our Latest Stock Analysis on Cinemark

Cinemark Stock Down 0.9 %

NYSE CNK opened at $29.57 on Monday. Cinemark has a one year low of $13.19 and a one year high of $31.09. The company has a debt-to-equity ratio of 4.11, a quick ratio of 1.26 and a current ratio of 1.29. The business has a fifty day moving average price of $28.26 and a 200 day moving average price of $23.31. The company has a market cap of $3.62 billion, a P/E ratio of 19.08, a P/E/G ratio of 2.02 and a beta of 2.35.

Insiders Place Their Bets

In other news, insider Valmir Fernandes sold 25,000 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $27.19, for a total value of $679,750.00. Following the transaction, the insider now owns 204,729 shares of the company’s stock, valued at $5,566,581.51. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.30% of the stock is owned by insiders.

Institutional Trading of Cinemark

Several institutional investors have recently added to or reduced their stakes in CNK. Third Point LLC acquired a new position in shares of Cinemark in the first quarter worth $89,850,000. Steadfast Capital Management LP acquired a new position in Cinemark during the 1st quarter worth $29,323,000. Jericho Capital Asset Management L.P. acquired a new position in Cinemark during the 1st quarter worth $15,975,000. Nut Tree Capital Management LP purchased a new stake in Cinemark during the 1st quarter worth about $13,250,000. Finally, Assenagon Asset Management S.A. acquired a new stake in Cinemark in the 3rd quarter valued at about $12,133,000.

About Cinemark

(Get Free Report)

Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc was founded in 1984 and is headquartered in Plano, Texas.

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Earnings History and Estimates for Cinemark (NYSE:CNK)

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