Today, Investment Analysts’ Weekly Ratings Updates for Cinemark Holdings (CNK)

Today, Investment Analysts’ Weekly Ratings Updates for Cinemark Holdings (CNK)
Several brokerages have updated their recommendations and price targets on shares of Cinemark Holdings (NYSE: CNK) in the last few weeks:

Cinemark Holdings Inc. (NYSE:CNK) traded up 0.31% during trading on Friday, hitting $41.82. 34,893 shares of the stock traded hands. The firm’s 50-day moving average is $40.22 and its 200-day moving average is $37.69. Cinemark Holdings Inc. has a 12 month low of $26.56 and a 12 month high of $42.56. The stock has a market cap of $4.83 billion, a P/E ratio of 20.60 and a beta of 1.01.

Cinemark Holdings (NYSE:CNK) last announced its quarterly earnings results on Tuesday, November 8th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.57 by $0.01. The business earned $768.60 million during the quarter, compared to analyst estimates of $776.40 million. Cinemark Holdings had a net margin of 8.06% and a return on equity of 20.75%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the company earned $0.40 earnings per share. On average, analysts forecast that Cinemark Holdings Inc. will post $1.99 EPS for the current year.

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