For its first fiscal quarter (ending March 31), Cinemark Holdings Inc (NYSE: CNK) has reported E.P.S. of $0.20 compared to $-0.03 a year ago. This result exceeded the consensus estimate of $-0.02 by $0.22. For the latest four quarters through March 31, E.P.S. were $1.77 versus $-1.66 for the same period a year ago.
Recent Price Action
Cinemark Holdings Inc (NYSE: CNK) stock rose modestly by 0.9% on 5/2/24. The stock closed at $17.59. Moreover, trading volume in this advance was above average at 121% of normal. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CNK is expected to continue to be a major Value Builder.
Cinemark Holdings has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cinemark Holdings has a good Appreciation Score of 79 but a slightly negative Power Rating of 39, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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