Analysts Set Expectations for 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) - National Bank Financial dropped their FY2025 earnings per share estimates for Cineplex in a research report issued to clients and investors on Tuesday, August 12th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $0.42 per share for the year, down from their previous estimate 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.

A number of other analysts have also issued reports on the company. Canaccord Genuity Group lowered Cineplex from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 13th. Royal Bank Of Canada upped their price objective on Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Finally, Scotiabank upped their price objective on Cineplex from C$12.00 to C$12.75 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Cineplex has a consensus rating of "Moderate Buy" and an average price target of C$12.65.

Cineplex Stock Performance

CGX stock traded up C$0.14 during midday trading on Thursday, hitting C$10.84. The company's stock had a trading volume of 89,481 shares, compared to its average volume of 264,691. Cineplex has a 1 year low of C$8.40 and a 1 year high of C$13.09. The company has a quick ratio of 0.22, a current ratio of 0.43 and a debt-to-equity ratio of -4,623.78. The stock's 50-day moving average price is C$11.18 and its 200 day moving average price is C$10.55. The stock has a market cap of C$684.56 million, a price-to-earnings ratio of -18.24, a PEG 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.