Analyst Ratings for Cinemark Holdings Inc. (CNK)Updated: 2017-07-28
Shares of Cinemark Holdings Inc. (NYSE:CNK) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, CNK was issued an average rating of Overweight.
Of the 12 analysts covering the stock, 7 gave it a buy rating, 0 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
Many analysts weighed in on price targets for CNK. The most optimistic price target was 53.5, implying a possible profit of 37.14 percent. The most pessimistic analyst gave a price target of 34, implying a possible loss of -12.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -20.44 percent. That number becomes -25.54 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -6.79 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.91 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 5 analysts that revised their FY estimates downwards.
CNK has an estimated earnings growth rate of -8.42 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CNK is -1.96.
CNK has a 52-week high of 44.84 and a 52-week low of 36.08. Today's price is 8.12 percent above the 52-week low, and below the high by 13 percent. CNK has a price/earnings ratio of 16.53. Investors typically compare the P/E ratio to a company's peers in the industry. The CNK value stock report compares CNK to some of its peers using value stock charts. The stock has a market capitalization of $4.6 billion. CNK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.