Cinemark's (CNK) "Outperform" Rating Reaffirmed at Barrington Research

Cinemark (NYSE:CNK - Get Free Report)'s stock had its "outperform" rating reissued by investment analysts at Barrington Research in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $36.00 target price on the stock. Barrington Research's price objective would suggest a potential upside of 15.20% from the stock's current price. Barrington Research also issued estimates for Cinemark's Q2 2025 earnings at $0.72 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $1.76 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.58 EPS, FY2026 earnings at $2.28 EPS, Q1 2027 earnings at $0.10 EPS and FY2027 earnings at $2.57 EPS.

Several other equities analysts also recently issued reports on CNK. Morgan Stanley cut their price objective on shares of Cinemark from $40.00 to $35.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Wedbush reiterated a "neutral" rating and set a $32.00 price objective on shares of Cinemark in a research note on Monday, April 28th. Benchmark cut their target price on Cinemark from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Wells Fargo & Company lowered their price target on Cinemark from $38.00 to $36.00 and set an "overweight" rating for the company in a research report on Wednesday, January 29th. Finally, Macquarie reissued an "outperform" rating and issued a $35.00 price objective on shares of Cinemark in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Cinemark presently has a consensus rating of "Moderate Buy" and an average price target of $32.80.

Cinemark Stock Up 0.8 %

NYSE:CNK traded up $0.24 during midday trading on Monday, reaching $31.25. 2,176,305 shares of the stock traded hands, compared to its average volume of 3,017,231. The stock has a market capitalization of $3.68 billion, a PE ratio of 15.39 and a beta of 1.91. Cinemark has a 12-month low of $16.32 and a 12-month high of $36.28. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.96 and a current ratio of 1.01. The business has a 50-day moving average of $26.96 and a two-hundred day moving average of $29.40.

Cinemark (NYSE:CNK - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported ($0.32) EPS for the quarter, meeting the consensus estimate of ($0.32). Cinemark had a return on equity of 65.83% and a net margin of 10.16%. The firm had revenue of $540.70 million during the quarter, compared to analyst estimates of $604.62 million. During the same quarter in the prior year, the business posted $0.19 EPS. The business's revenue for the quarter was down 6.6% compared to the same quarter last year. On average, equities analysts forecast that Cinemark will post 1.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Cinemark

In other news, insider Wanda Marie Gierhart sold 9,119 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $27.00, for a total value of $246,213.00. Following the completion of the sale, the insider now directly owns 147,414 shares in the company, valued at $3,980,178. The trade was a 5.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership increased its stake in Cinemark by 100.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,104,552 shares of the company's stock worth $127,159,000 after buying an additional 2,054,579 shares in the last quarter. Candlestick Capital Management LP raised its position in shares of Cinemark by 48.1% in the fourth quarter. Candlestick Capital Management LP now owns 4,931,618 shares of the company's stock valued at $152,782,000 after buying an additional 1,601,537 shares during the last quarter. Simcoe Capital Management LLC purchased a new position in shares of Cinemark in the fourth quarter worth about $37,763,000. Man Group plc acquired a new position in Cinemark during the fourth quarter worth about $28,040,000. Finally, Assenagon Asset Management S.A. grew its stake in Cinemark by 215.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,251,219 shares of the company's stock valued at $31,143,000 after acquiring an additional 854,540 shares in the last quarter.

About Cinemark

Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc was founded in 1984 and is headquartered in Plano, Texas.