The price of Cinemark Holdings Inc (NYSE:CNK) shares last traded on Wall Street fell -0.04% to $23.86.
CNK stock price is now -16.39% away from the 50-day moving average and -11.84% away from the 200-day moving average. The market capitalization of the company currently stands at $2.92B.
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With the price target maintained at $32, Wedbush recently Downgraded its rating from Outperform to Neutral for Cinemark Holdings Inc (NYSE: CNK). On October 31, 2024, Barrington Research Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $36, while ‘B. Riley Securities’ rates the stock as ‘Neutral’
In other news, Thomas Melissa, EVP, Chief Financial Officer sold 7,200 shares of the company’s stock on Feb 28 ’25. The stock was sold for $184,248 at an average price of $25.59. Upon completion of the transaction, the EVP, Chief Financial Officer now directly owns 218,168 shares in the company, valued at $5.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28 ’25, Officer Thomas Melissa bought 7,200 shares of the business’s stock. A total of $184,299 was incurred on buying the stock at an average price of $25.60. A total of 10.32% of the company’s stock is owned by insiders.
During the past 12 months, Cinemark Holdings Inc has had a low of $16.32 and a high of $36.28. As of last week, the company has a debt-to-equity ratio of 5.81, a current ratio of 1.01, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $5266894848, which is based on a 11.76 price-to-earnings ratio, a 4.94 price-to-earnings-growth ratio, and a beta of 2.09. The fifty day moving average price for CNK is $28.5364 and a two-hundred day moving average price translates $27.06365 for the stock.
The latest earnings results from Cinemark Holdings Inc (NYSE: CNK) was released for 2024-12-31. The net profit margin was 9.98% and return on equity was 67.31% for CNK. The company reported revenue of $814.3 million for the quarter, compared to $638.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.45 percent. For the current quarter, analysts expect CNK to generate $604.62M in revenue.
