Cinemark Holdings Inc

Cinemark Holdings Inc Stock Forecast & Price Prediction

Live Cinemark Holdings Inc Stock (CNK) Price
$34.52

10

Ratings

  • Buy 6
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$34.52

P/E Ratio

19.90

Volume Traded Today

$1.9M

Dividend

$0.36

52 Week High/low

36.13/13.19

Cinemark Holdings Inc Market Cap

$3.99B

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CNK Summary

Based on ratings from 10 stock analysts, the Cinemark Holdings Inc stock price is expected to decrease by 5.27% in 12 months. This is calculated by using the average 12-month stock price forecast for Cinemark Holdings Inc. The lowest target is $22 and the highest is $36. Please note analyst price targets are not guaranteed and could be missed completely.

CNK Analyst Ratings

About 10 Wall Street analysts have assignedCNK 6 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect Cinemark Holdings Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNK. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CNK stock forecast by analyst

These are the latest 20 analyst ratings of CNK.

Analyst/Firm

Rating

Price Target

Change

Date

James Goss
Barrington Research

Outperform

$36

Maintains

Nov 4, 2024
Michael Pachter
Wedbush

Neutral

$32

Downgrade

Nov 1, 2024
Omar Mejias
Wells Fargo

Overweight

$35

Maintains

Nov 1, 2024
Chad Beynon
Macquarie

Outperform

$34

Maintains

Nov 1, 2024
James Goss
Barrington Research

Outperform

$36

Upgrade

Oct 31, 2024
Michael Pachter
Wedbush

Outperform

$32

Maintains

Oct 29, 2024
David Karnovsky
JP Morgan

Neutral

$29

Maintains

Oct 14, 2024
Benjamin Swinburne
Morgan Stanley

Overweight

$35

Maintains

Oct 11, 2024
Omar Mejias
Wells Fargo

Overweight

$31

Maintains

Oct 10, 2024
Eric Handler
Roth MKM

Buy

$33

Maintains

Oct 10, 2024
Mike Burton
Goldman Sachs

Sell

$20

Maintains

Sep 19, 2024
Michael Pachter
Wedbush

Outperform

$31

Maintains

Sep 3, 2024
James Goss
Barrington Research

Market Perform


Downgrade

Aug 28, 2024
Eric Wold
B. Riley Securities

Neutral

$31

Downgrade

Aug 27, 2024
Benjamin Swinburne
Morgan Stanley

Overweight

$29

Maintains

Aug 5, 2024
James Goss
Barrington Research

Outperform

$28

Maintains

Aug 5, 2024
David Karnovsky
JP Morgan

Neutral

$25

Maintains

Aug 5, 2024
Eric Wold
B. Riley Securities

Buy

$31

Maintains

Aug 5, 2024
Eric Handler
Roth MKM

Buy

$30

Maintains

Aug 5, 2024
James Goss
Barrington Research

Outperform

$24

Maintains

Aug 2, 2024

CNK Company Information

What They Do: Operates motion picture theatres globally.

Business Model: Cinemark generates revenue primarily through ticket sales and concessions at its theatres. The company operates a significant network of theatres and screens, allowing it to attract audiences for new film releases, which drives its earnings.

Other Information: Founded in 1984 and headquartered in Plano, Texas, Cinemark has a strong presence with 501 theatres across 42 states and 13 countries in South and Central America as of February 2024.
CNK
Cinemark Holdings Inc (CNK)

When did it IPO

2007

Staff Count

8,976

Country

United States

Sector/Industry

Communication Services/Entertainment

CEO

Mr. Sean Gamble

Market Cap

$3.99B

Cinemark Holdings Inc (CNK) Financial Data

In 2023, CNK generated $3.07B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$3.07B

0.00 %
From Previous Year
  • Revenue TTM $2.87B
  • Operating Margin TTM 17.7%
  • Gross profit TTM $1.98B
  • Return on assets TTM 3.7%
  • Return on equity TTM 53.9%
  • Profit Margin 8.4%
  • Book Value Per Share 4.65%
  • Market capitalisation $3.99B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $3.07B
  • EPS this year (TTM) $1.64

Cinemark Holdings Inc (CNK) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Cinemark Holdings (CNK) is being evaluated for its potential as a top stock pick among momentum investors. Further analysis is needed to determine its suitability.

Why It Matters - Cinemark Holdings' potential as a top stock pick indicates investor interest, possibly affecting share price and market perception in the entertainment sector.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Barrons

Summary - Analysts suggest that theater chains should focus on a more diversified and consistent film slate to achieve success.

Why It Matters - A diversified film slate can drive ticket sales and stabilize revenue for theater chains, impacting their profitability and stock performance positively.

News Image

Wed, 20 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Cinemark (CNK) has reached a 52-week high; investor outlook on future gains will depend on the companyโ€™s fundamentals.

Why It Matters - Cinemark's 52-week high signals strong market performance, prompting investors to evaluate fundamentals for potential future growth and sustainability of gains.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks utilizes the Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends for stock selection.

Why It Matters - Zacks highlights the significance of earnings estimates and revisions, indicating potential stock performance. Staying updated on value, growth, and momentum trends can reveal strong investment opportunities.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - "Wicked" and "Gladiator II" will release on the same day, followed by "Moana 2," potentially leading to a record-breaking Thanksgiving weekend for the movie theater industry.

Why It Matters - The simultaneous release of major films could drive ticket sales and boost theater revenues, signaling potential growth in the entertainment sector, which may positively impact stock valuations.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - The films "Wicked," based on a popular musical, and "Gladiator II," a sequel to a successful epic, are set to premiere this Friday.

Why It Matters - Strong box office performances from 'Wicked' and 'Gladiator II' could boost revenues for studios and related sectors, impacting stock prices and investor sentiment in entertainment.

...

CNK Frequently asked questions

The highest forecasted price for CNK is $36 from at Morgan Stanley.

The lowest forecasted price for CNK is $22 from Eric Handler from MKM Partners

The CNK analyst ratings consensus are 6 buy ratings, 3 hold ratings, and 1 sell ratings.