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.