Analysts Set Expectations for Cineplex FY2025 Earnings

Key Points

• National Bank Financial revised its FY2025 earnings per share estimate for Cineplex from $0.42 to ($0.03), significantly lowering expectations for the company's financial performance.
• Cineplex has an average rating of "Moderate Buy" among analysts, with a consensus price target of C$12.55, though some analysts have adjusted their ratings downwards recently.
• The company's stock is currently trading at C$11.73, with a fifty-two week range between C$8.40 and C$13.09, reflecting a volatile market environment.

Cineplex Inc. (TSE:CGX - Free Report) - National Bank Financial decreased their FY2025 earnings per share estimates for Cineplex in a report released on Monday, September 29th. National Bank Financial analyst A. Shine now expects that the company will post earnings of ($0.03) per share for the year, down from their previous estimate of $0.42. The consensus estimate for Cineplex's current full-year earnings is $1.08 per share. National Bank Financial also issued estimates for Cineplex's FY2026 earnings at $0.92 EPS.

Other equities analysts have also issued research reports about the company. National Bankshares lowered their price objective on Cineplex from C$13.50 to C$13.00 and set an "outperform" rating on the stock in a research note on Tuesday. Canaccord Genuity Group lowered Cineplex from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 13th. Finally, Scotiabank boosted their price objective on Cineplex from C$12.00 to C$12.75 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$12.55.

Cineplex Stock Performance

TSE CGX opened at C$11.73 on Thursday. The stock's fifty day moving average is C$11.43 and its two-hundred day moving average is C$10.81. The firm has a market capitalization of C$744.15 million, a P/E ratio of -12.35, a price-to-earnings-growth ratio of 0.30 and a beta of 0.49. The company has a debt-to-equity ratio of -4,623.78, a quick ratio of 0.22 and a current ratio of 0.43. Cineplex has a fifty-two week low of C$8.40 and a fifty-two week high of C$13.09.

About Cineplex

Cineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.

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