News articles about Cinemark Holdings (NYSE:CNK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cinemark Holdings earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.6265521424949 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Cinemark Holdings Inc (CNK) Receives Average Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Cinemark Holdings, Inc. breached its 50 day moving average in a Bullish Manner : CNK-US : September 19, 2017 (finance.yahoo.com)
- Cinemark Holdings Inc (CNK) Earns “Buy” Rating from MKM Partners (americanbankingnews.com)
- Cinemark Holdings Inc (CNK) Earns Buy Rating from Piper Jaffray Companies (americanbankingnews.com)
- Reviewing Imax Corporation (IMAX) & Cinemark Holdings (CNK) (americanbankingnews.com)
Cinemark Holdings (CNK) opened at 35.81 on Friday. The firm has a 50-day moving average of $35.22 and a 200 day moving average of $39.67. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 15.30 and a beta of 1.06. 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 earnings results on Friday, August 4th. The company reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. Cinemark Holdings had a return on equity of 20.98% and a net margin of 9.12%. The business had revenue of $751.20 million during the quarter, compared to the consensus estimate of $751.72 million. During the same period last year, the company earned $0.46 earnings per share. The business’s revenue for the quarter was up .9% compared to the same quarter last year. Equities research analysts predict that Cinemark Holdings will post $2.09 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 13th. Stockholders of record on Thursday, August 31st were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 3.24%. Cinemark Holdings’s dividend payout ratio (DPR) is 49.57%.
A number of equities research analysts recently commented on the stock. Royal Bank Of Canada reiterated a “hold” rating and set a $43.00 price target on shares of Cinemark Holdings in a report on Wednesday, August 9th. B. Riley reiterated a “buyl” rating on shares of Cinemark Holdings in a report on Sunday, August 13th. Piper Jaffray Companies reiterated a “buy” rating on shares of Cinemark Holdings in a report on Sunday, September 17th. MKM Partners reiterated a “buy” rating and set a $46.00 price target on shares of Cinemark Holdings in a report on Monday. Finally, BidaskClub lowered shares of Cinemark Holdings from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $42.80.
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In other news, CEO Mark Zoradi acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was purchased at an average cost of $32.19 per share, for a total transaction of $160,950.00. Following the completion of the acquisition, the chief executive officer now directly owns 172,456 shares of the company’s stock, valued at approximately $5,551,358.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 9.20% 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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