Headlines about Cinemark Holdings (NYSE:CNK) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cinemark Holdings earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.3960758801122 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Cinemark Holdings (NYSE:CNK) traded up $0.69 during midday trading on Tuesday, hitting $33.57. 1,054,022 shares of the stock traded hands, compared to its average volume of 1,084,667. The company has a market cap of $3,830.00, a price-to-earnings ratio of 16.12, a PEG ratio of 1.12 and a beta of 1.18. The company has a quick ratio of 1.46, a current ratio of 1.50 and a debt-to-equity ratio of 1.50. Cinemark Holdings has a one year low of $32.03 and a one year high of $44.84.
Cinemark Holdings (NYSE:CNK) last released its quarterly earnings data on Friday, November 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02). Cinemark Holdings had a return on equity of 18.43% and a net margin of 8.36%. The firm had revenue of $710.70 million for the quarter, compared to the consensus estimate of $702.60 million. During the same period in the previous year, the business earned $0.56 EPS. The firm’s revenue was down 7.5% compared to the same quarter last year. equities research analysts expect that Cinemark Holdings will post 2 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.29 per share. The ex-dividend date is Thursday, November 30th. This represents a $1.16 annualized dividend and a yield of 3.46%. Cinemark Holdings’s dividend payout ratio (DPR) is currently 54.98%.
Several research firms have commented on CNK. BidaskClub raised shares of Cinemark Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Wedbush reaffirmed a “buy” rating on shares of Cinemark Holdings in a report on Monday, August 7th. B. Riley reaffirmed a “buyl” rating on shares of Cinemark Holdings in a report on Sunday, August 13th. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Cinemark Holdings in a report on Sunday, September 17th. Finally, J P Morgan Chase & Co decreased their price objective on shares of Cinemark Holdings from $47.00 to $42.00 in a report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Cinemark Holdings has an average rating of “Hold” and an average price target of $42.31.
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In related news, CEO Mark Zoradi bought 5,000 shares of the company’s stock in a transaction on Monday, August 28th. The shares were purchased at an average cost of $32.83 per share, for a total transaction of $164,150.00. Following the acquisition, the chief executive officer now owns 167,456 shares of the company’s stock, valued at approximately $5,497,580.48. The purchase was disclosed in a filing with the SEC, which is available at this link. Company insiders own 9.10% of the company’s stock.
Cinemark Holdings Company Profile
Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.
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