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.
Several price targets were given for CNK by the analysts covering the stock. The most optimistic price target was 53.5, which equates to a potential upside of 37.14 percent. The lowest price target was 34, which equates to a potential downside of -12.84 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -20.44 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -25.54 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -6.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.91 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 5 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts made negative revisions to their fiscal year's estimates.
CNK has an estimated earnings growth rate of -8.42 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CNK has a PEG ratio of -1.96.
CNK has traded between a high of 44.84 and a low of 36.08 over the past year. Today's price is 8.12 percent above the 52-week low, and below the high by 13 percent. CNK has a P/E 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's next earnings release will be on 0000-00-00, which is days away.