TSE:CGX

Cineplex (CGX) Stock Forecast, Price & News

C$9.90

-0.19 (-1.88%)

(As of 05/30/2023 ET)

Compare

Today's Range: C$9.79
▼
C$10.11
50-Day Range: C$7.70
▼
C$10.09
52-Week Range: C$7.30
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C$13.23

Volume: 161,631 shs
Average Volume: 317,194 shs
Market Capitalization: C$627.46 million

P/E Ratio: 52.11
Dividend Yield: 5.32%
Price Target: C$12.46

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

Cineplex MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 25.8% Upside
C$12.46 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.64
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Cineplex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$12.46, Cineplex has a forecasted upside of 25.8% from its current price of C$9.90.
Amount of Analyst Coverage
Cineplex has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CGX.

1.7

Dividend Strength

Dividend Leadership
Cineplex is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cineplex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CGX.

2.0

News and Social Media Coverage

News Sentiment
Cineplex has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Cineplex this week, compared to 4 articles on an average week.
Search Interest
Only 2 people have searched for CGX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cineplex insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.51% of the stock of Cineplex is held by insiders.
Percentage Held by Institutions
Only 14.86% of the stock of Cineplex is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cineplex is 52.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cineplex is 52.11, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 294.04.
Price to Earnings Growth Ratio
Cineplex has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.

See Top Rated MarketRank™ Stocks Here

About Cineplex (TSE:CGX) Stock

Cineplex Inc., together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through four segments: Film Entertainment and Content, Media, Amusement and Leisure, and Location-Based Entertainment. The company engages in theatre exhibition and theatre food service activities. It also provides alternative programming service; rents and sells movies in digital form; and operates cineplex.com, an entertainment site that offers streaming video, movie information, showtimes and ability to buy tickets online, entertainment news, and box office reports, as well as advertising and digital commerce opportunities. In addition, the company offers Cineplex mobile app for various devices; incorporates advertising mediums related to theatre exhibition, and digital place-based media that provides digital signage solutions; and designs, installs, maintains, and operates digital signage networks in various verticals, including digital out of home, quick service restaurants, financial institutions, and retailers. Further, it distributes and operates amusement, gaming, and vending equipment; and operates social entertainment destinations featuring gaming, entertainment, and dining under The Rec Room and Playdium names. As of December 31, 2021, the company owned, leased, or had interest in 1,652 screens in 160 theatres, as well as 13 location-based entertainment venues in 6 provinces. Cineplex Inc. was founded in 1912 and is headquartered in Toronto, Canada.

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CGX Stock News Headlines

May 30, 2023 | msn.com

Cineplex Stock: Will the Writers’ Strike Hurt the Cinema Giant?

May 26, 2023 | msn.com

'Little Mermaid' cruising toward holiday-weekend hit

May 30, 2023 | Legacy Research (Affiliate) (Ad)

“Amazon Loophole” could hand you $28,544 in “royalty” payouts

Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.

May 26, 2023 | msn.com

Enjoy the Show: There’s a Big Opportunity Coming at Cineplex

May 25, 2023 | reuters.com

Cineworld eyes bankruptcy exit in July as most lenders back restructuring plan

May 24, 2023 | finance.yahoo.com

Cineplex Announces Voting Results for its 2023 Annual and Special Meeting of Shareholders

May 22, 2023 | fool.ca

2 TSX Value Stocks to Buy in May 2023

May 22, 2023 | fool.ca

This Canadian Value Stock is a Hidden Gem for 2023

May 30, 2023 | Legacy Research (Affiliate) (Ad)

“Amazon Loophole” could hand you $28,544 in “royalty” payouts

May 19, 2023 | finance.yahoo.com

CANADA STOCKS-TSX up on commodity boost but eyes fourth straight weekly loss

May 19, 2023 | theglobeandmail.com

Closing Bell: Cineplex Inc Debs up on Thursday (CGX-DB-B)

May 18, 2023 | msn.com

Canada’s Regulator Sues Cineplex (TSE:CGX) Over Deceptive Ticket Prices

May 18, 2023 | finance.yahoo.com

UPDATE 1-Canada's antitrust regulator sues Cineplex over alleged misleading ticket prices

May 18, 2023 | finance.yahoo.com

Cineplex Responds to Meritless Competition Bureau News Release and Legal Action

May 18, 2023 | americanbankingnews.com

Cineplex (TSE:CGX) PT Raised to C$14.00

May 15, 2023 | baystreet.ca

Cineplex’s Q1 Loss Narrows To $30 Million

May 12, 2023 | msn.com

Cineplex Stock: Is a Dividend Coming Soon?

May 12, 2023 | finance.yahoo.com

Cineplex Inc. Reports First Quarter 2023 Results

May 10, 2023 | finance.yahoo.com

Cineplex Inc. (CGX.TO)

May 9, 2023 | finance.yahoo.com

Cineplex Announces Details of its 2023 Annual and Special Meeting of Shareholders

May 2, 2023 | finance.yahoo.com

Cineplex Reports Highest Combined April Box Office and Theatre Food Service Revenues

April 26, 2023 | msn.com

Is Cineplex Stock a Buy Ahead of Summer Blockbusters?

April 26, 2023 | baystreet.ca

2 Reasons to Buy Cineplex Stock Today

April 25, 2023 | finance.yahoo.com

Cineplex and Cinionic Sign Multi-Year Rollout for 800 Laser Projectors in Canada to Bring Laser Projection by Cinionic to the Circuit's Largest Screens

April 14, 2023 | theglobeandmail.com

Closing Bell: Cineplex Inc down on Thursday (CGX)

April 13, 2023 | theglobeandmail.com

Closing Bell: Cineplex Inc Debs up on Wednesday (CGX-DB-B)

April 12, 2023 | proactiveinvestors.com

Nintendo and movie chains jump on box office success of The Super Mario Bros Movie

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30 days | 90 days | 365 days | Advanced Chart

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CGX Company Calendar

Today: 5/30/2023
Next Earnings (Estimated): 8/10/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Entertainment - Diversified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: TSE:CGX
CUSIP: N/A
CIK: N/A
Web: www.cineplex.com
Phone: +1-416-3236600
Fax: N/A
Employees: 10,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$12.46
High Stock Price Forecast: C$14.00
Low Stock Price Forecast: C$11.00
Forecasted Upside/Downside: +25.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.19
Trailing P/E Ratio: 52.11
Forward P/E Ratio: 22.81
P/E Growth: 0.3
Net Income: C$12.16 million
Net Margins: 0.88%
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: 2.50%

Debt

Debt-to-Equity Ratio: 7,933.30
Current Ratio: 0.35
Quick Ratio: 0.22

Sales & Book Value

Annual Sales: C$1.38 billion
Price / Sales: 0.45
Cash Flow: C$0.56 per share
Price / Cash Flow: 17.80
Book Value: C($3.79) per share
Price / Book: -2.61

Miscellaneous

Outstanding Shares: 63,380,000
Free Float: N/A
Market Cap: C$627.46 million
Optionable: Not Optionable
Beta: 2.86

Key Executives

Mr. Ellis Jacob CMA (Age 69)
F.C.A., F.C.M.A., FCA, FCPA, MBA, Pres, CEO & Director
Comp: $1.77M

Mr. Gord Nelson
Chief Financial Officer

Mr. Dan McGrath
Chief Operating Officer

Mr. Fabrizio Stanghieri
Exec. VP & MD of Cineplex Media

Mr. Kevin Watts
Exec. VP of Exhibition & Location Based Entertainment

Mr. Scott Hughes
Exec. VP and Chief Digital & Technology Officer

Mahsa Rejali
Exec. Director of Corp. Devel. & Investor Relations

Mr. Thomas Santram
Sr. VP, Gen. Counsel & Corp. Sec.

Sarah Van Lange
Exec. Director of Communications

Ms. Sara Moore
Exec. VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders

Fabrizio Stanghieri
Bought 2,500 shares on 9/20/2022
Total: C$23,325.00 ($9.33/share)

View All Insider Transactions

CGX Stock - Frequently Asked Questions

Should I buy or sell Cineplex stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cineplex in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CGX shares.
View CGX analyst ratings or view top-rated stocks.
What is Cineplex's stock price forecast for 2023?: 4 equities research analysts have issued twelve-month price objectives for Cineplex's shares. Their CGX share price forecasts range from C$11.00 to C$14.00. On average, they anticipate the company's share price to reach C$12.46 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price.
View analysts price targets for CGX or view top-rated stocks among Wall Street analysts.
How have CGX shares performed in 2023?: Cineplex's stock was trading at C$8.05 at the beginning of the year. Since then, CGX stock has increased by 23.0% and is now trading at C$9.90.
View the best growth stocks for 2023 here.
When is Cineplex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our CGX earnings forecast.
What other stocks do shareholders of Cineplex own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cineplex investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Vermilion Energy (VET), AbbVie (ABBV), Toronto-Dominion Bank (TD), BCE (BCE), Air Canada (AC) and Enbridge (ENB).

What is Cineplex's stock symbol?: Cineplex trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CGX."
How do I buy shares of Cineplex?: Shares of CGX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Cineplex's stock price today?: One share of CGX stock can currently be purchased for approximately C$9.90.
How much money does Cineplex make?: Cineplex (TSE:CGX) has a market capitalization of C$627.46 million and generates C$1.38 billion in revenue each year. The company earns C$12.16 million in net income (profit) each year or C$0.19 on an earnings per share basis.
How many employees does Cineplex have?: The company employs 10,000 workers across the globe.
How can I contact Cineplex?: Cineplex's mailing address is 1303 Yonge St, TORONTO, ON M4T 2Y9, Canada. The official website for the company is www.cineplex.com. The company can be reached via phone at +1-416-3236600.

This page (TSE:CGX) was last updated on 5/30/2023 by MarketBeat.com Staff

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Cineplex (CGX) Stock Forecast, Price & News

Cineplex MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Cineplex (TSE:CGX) Stock

CGX Stock News Headlines

CGX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CGX Stock - Frequently Asked Questions

Overall MarketRank^™