Media coverage about Cinemark (NYSE:CNK) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cinemark earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.9273786040118 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern’s scoring:
Several research firms recently weighed in on CNK. Wedbush restated a “buy” rating on shares of Cinemark in a report on Monday, August 7th. Barrington Research reduced their target price on shares of Cinemark from $49.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, August 7th. B. Riley reiterated a “buyl” rating on shares of Cinemark in a report on Monday, August 7th. BidaskClub upgraded shares of Cinemark from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $43.00 price objective on shares of Cinemark in a report on Wednesday, August 9th. Two equities 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 stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.31.
Shares of Cinemark (NYSE CNK) traded up $0.56 during mid-day trading on Monday, hitting $36.41. The stock had a trading volume of 1,567,030 shares, compared to its average volume of 1,098,352. The company has a current ratio of 1.50, a quick ratio of 1.46 and a debt-to-equity ratio of 1.50. The firm has a market cap of $4,175.34, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 1.19 and a beta of 1.18. Cinemark has a twelve month low of $32.03 and a twelve month high of $44.84.
Cinemark (NYSE:CNK) last announced its earnings results on Friday, November 3rd. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.02). Cinemark had a return on equity of 18.43% and a net margin of 8.36%. The business had revenue of $710.70 million for the quarter, compared to analyst estimates of $702.60 million. During the same period in the previous year, the company earned $0.56 earnings per share. The company’s quarterly revenue was down 7.5% compared to the same quarter last year. research analysts forecast that Cinemark 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 paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, November 30th. Cinemark’s dividend payout ratio (DPR) is presently 54.98%.
In related news, CEO Mark Zoradi bought 5,000 shares of the business’s stock in a transaction on Friday, September 8th. The stock was acquired at an average cost of $32.19 per share, with a total value of $160,950.00. Following the purchase, the chief executive officer now directly owns 172,456 shares of the company’s stock, valued at $5,551,358.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 9.10% of the stock is owned by company insiders.
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Cinemark 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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