National Bank Financial Comments on Cineplex FY2025 Earnings

Key Points

• National Bank Financial has revised its FY2025 earnings per share estimate for Cineplex from $0.54 to $0.42, while the consensus estimate remains at $1.08 per share.
• Royal Bank of Canada raised its target price on Cineplex's stock from C$13.00 to C$14.00, while Scotiabank increased its price objective to C$12.75.
• Cineplex stock is currently trading at C$10.56, with a market cap of C$666.88 million and a significantly high debt-to-equity ratio of -4,623.78.

Cineplex Inc. (TSE:CGX - Free Report) - Investment analysts at National Bank Financial lowered their FY2025 earnings per share estimates for shares of Cineplex in a note issued to investors on Tuesday, August 12th. National Bank Financial analyst A. Shine now forecasts that the company will earn $0.42 per share for the year, down from their previous forecast of $0.54. 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 $1.21 EPS.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada lifted their target price on Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Scotiabank boosted their price objective on Cineplex from C$12.00 to C$12.75 and gave the company an "outperform" rating in a research report on Wednesday. Finally, Canaccord Genuity Group lowered Cineplex from a "strong-buy" rating to a "hold" rating in a research note on Wednesday.

Cineplex Stock Performance

Shares of Cineplex stock opened at C$10.56 on Thursday. The stock's fifty day moving average price is C$11.22 and its 200-day moving average price is C$10.56. Cineplex has a 12 month low of C$8.40 and a 12 month high of C$13.09. The company has a current ratio of 0.43, a quick ratio of 0.22 and a debt-to-equity ratio of -4,623.78. The firm has a market cap of C$666.88 million, a P/E ratio of -17.77, a P/E/G ratio of 0.30 and a beta of 2.74.

Cineplex Company Profile

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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