Cinemark FY2025 EPS Estimate Reduced by Barrington Research

Cinemark Holdings, Inc. (NYSE:CNK) – Equities research analysts at Barrington Research reduced their FY2025 earnings per share estimates for shares of Cinemark in a report issued on Monday, March 24th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings of $1.29 per share for the year, down from their previous estimate of $1.38. Barrington Research currently has a “Outperform” rating and a $40.00 price target on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share. Barrington Research also issued estimates for Cinemark’s FY2026 earnings at $1.89 EPS and FY2027 earnings at $2.05 EPS.

CNK has been the topic of a number of other reports. JPMorgan Chase & Co. cut their price target on Cinemark from $31.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Macquarie restated an “outperform” rating and issued a $35.00 target price on shares of Cinemark in a research note on Thursday, February 20th. Wells Fargo & Company reduced their price target on Cinemark from $38.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Wedbush reiterated a “neutral” rating and issued a $32.00 price objective on shares of Cinemark in a report on Tuesday, February 18th. Finally, Benchmark reduced their target price on shares of Cinemark from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Cinemark has an average rating of “Moderate Buy” and a consensus price target of $32.70.

Cinemark Trading Up 1.8 %

CNK opened at $26.05 on Wednesday. The firm’s fifty day simple moving average is $27.68 and its 200 day simple moving average is $29.45. The stock has a market capitalization of $3.19 billion, a P/E ratio of 12.83 and a beta of 2.41. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 3.28. Cinemark has a 12 month low of $16.32 and a 12 month high of $36.28.

Cinemark (NYSE:CNK) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The company had revenue of $814.30 million during the quarter, compared to analyst estimates of $797.18 million. During the same quarter last year, the company earned ($0.15) EPS. The firm’s quarterly revenue was up 27.5% compared to the same quarter last year.

Institutional Trading of Cinemark

Institutional investors and hedge funds have recently bought and sold shares of the business. Elequin Capital LP boosted its stake in shares of Cinemark by 211.6% during the 4th quarter. Elequin Capital LP now owns 997 shares of the company’s stock worth $31,000 after acquiring an additional 677 shares during the period. Russell Investments Group Ltd. lifted its holdings in Cinemark by 402.4% during the 4th quarter. Russell Investments Group Ltd. now owns 1,030 shares of the company’s stock valued at $32,000 after purchasing an additional 825 shares during the last quarter. Quarry LP boosted its position in Cinemark by 714.8% during the third quarter. Quarry LP now owns 1,491 shares of the company’s stock worth $42,000 after purchasing an additional 1,308 shares during the period. Aster Capital Management DIFC Ltd boosted its position in Cinemark by 380.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,896 shares of the company’s stock worth $59,000 after purchasing an additional 1,501 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Cinemark in the 4th quarter valued at approximately $63,000.

Insider Buying and Selling

In related news, insider Wanda Marie Gierhart sold 9,119 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $27.00, for a total value of $246,213.00. Following the completion of the sale, the insider now directly owns 147,414 shares in the company, valued at approximately $3,980,178. This trade represents a 5.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.30% of the stock is owned by corporate insiders.

Cinemark Dividend Announcement

The company also recently announced a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a dividend of $0.08 per share. The ex-dividend date was Wednesday, March 5th. Cinemark’s payout ratio is 15.76%.

Cinemark Company Profile

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.