The stock of Cinemark Holdings Inc (CNK) has seen a -2.69% decrease in the past week, with a -5.88% drop in the past month, and a 14.33% flourish in the past quarter. The volatility ratio for the week is 3.07%, and the volatility levels for the past 30 days are at 3.13% for CNK. The simple moving average for the past 20 days is -7.25% for CNK’s stock, with a 26.35% simple moving average for the past 200 days.
Is It Worth Investing in Cinemark Holdings Inc (NYSE: CNK) Right Now?
The price-to-earnings ratio for Cinemark Holdings Inc (NYSE: CNK) is above average at 19.74x. The 36-month beta value for CNK is also noteworthy at 2.42. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CNK is 109.55M, and at present, short sellers hold a 22.52% of that float. The average trading volume of CNK on December 26, 2024 was 2.50M shares.
CNK) stock’s latest price update
Cinemark Holdings Inc (NYSE: CNK)’s stock price has increased by 0.72 compared to its previous closing price of 30.49. However, the company has seen a -2.69% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-12-25 that Investors interested in stocks from the Film and Television Production and Distribution sector have probably already heard of Cinemark Holdings (CNK) and Live Nation (LYV). But which of these two companies is the best option for those looking for undervalued stocks?
Analysts’ Opinion of CNK
Many brokerage firms have already submitted their reports for CNK stocks, with Wedbush repeating the rating for CNK by listing it as a “Neutral.” The predicted price for CNK in the upcoming period, according to Wedbush is $32 based on the research report published on November 01, 2024 of the current year 2024.
Barrington Research, on the other hand, stated in their research note that they expect to see CNK reach a price target of $36. The rating they have provided for CNK stocks is “Outperform” according to the report published on October 31st, 2024.
CNK Trading at -2.75% from the 50-Day Moving Average
After a stumble in the market that brought CNK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.35% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 3.07%, as shares sank -7.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.57% upper at present.
During the last 5 trading sessions, CNK fell by -2.69%, which changed the moving average for the period of 200-days by +73.90% in comparison to the 20-day moving average, which settled at $33.11. In addition, Cinemark Holdings Inc saw 117.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CNK starting from Thomas Melissa, who sale 14,400 shares at the price of $32.01 back on Dec 16 ’24. After this action, Thomas Melissa now owns 238,494 shares of Cinemark Holdings Inc, valued at $460,944 using the latest closing price.
Thomas Melissa, the Officer of Cinemark Holdings Inc, proposed sale 14,400 shares at $32.01 during a trade that took place back on Dec 16 ’24, which means that Thomas Melissa is holding shares at $460,992 based on the most recent closing price.
Stock Fundamentals for CNK
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.18 for the gross margin
The net margin for Cinemark Holdings Inc stands at 0.08. The total capital return value is set at 0.08. Equity return is now at value 53.37, with 4.84 for asset returns.
Based on Cinemark Holdings Inc (CNK), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 4.59. The interest coverage ratio of the stock is 1.72.
Currently, EBITDA for the company is 603.9 million with net debt to EBITDA at 4.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.2. The receivables turnover for the company is 21.91for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
In summary, Cinemark Holdings Inc (CNK) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
