On Tuesday, Cinemark Holdings Inc (NYSE: CNK) was -0.47% drop from the session before settling in for the closing price of $27.38. A 52-week range for CNK has been $13.19 – $28.43.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 26.07%. When this article was written, the company’s average yearly earnings per share was at -4.49%. With a float of $109.27 million, this company’s outstanding shares have now reached $121.60 million.
The extent of productivity of a business whose workforce counts for 17500 workers is very important to gauge. In terms of profitability, gross margin is 30.09%, operating margin of 9.7%, and the pretax margin is 4.9%.
Cinemark Holdings Inc (CNK) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cinemark Holdings Inc stocks. The insider ownership of Cinemark Holdings Inc is 10.72%, while institutional ownership is 128.77%. The most recent insider transaction that took place on Aug 19 ’24, was worth 679,750. In this transaction Pr – Cinemark International of this company sold 25,000 shares at a rate of $27.19, taking the stock ownership to the 204,729 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 25,000 for $27.20, making the entire transaction worth $679,878.
Cinemark Holdings Inc (CNK) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.61 earnings per share (EPS) during the time that was better than consensus figure (set at 0.42) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -6.07% drop over the previous five years of trading.
Cinemark Holdings Inc (NYSE: CNK) Trading Performance Indicators
You can see what Cinemark Holdings Inc (CNK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 15.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Cinemark Holdings Inc (CNK)
The latest stats from [Cinemark Holdings Inc, CNK] show that its last 5-days average volume of 2.08 million was inferior to 2.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.95%. Additionally, its Average True Range was 0.76.
During the past 100 days, Cinemark Holdings Inc’s (CNK) raw stochastic average was set at 90.26%, which indicates a significant increase from 48.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.58% in the past 14 days, which was lower than the 33.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.96, while its 200-day Moving Average is $18.23. Now, the first resistance to watch is $27.82. This is followed by the second major resistance level at $28.39. The third major resistance level sits at $28.68. If the price goes on to break the first support level at $26.95, it is likely to go to the next support level at $26.66. The third support level lies at $26.09 if the price breaches the second support level.
Cinemark Holdings Inc (NYSE: CNK) Key Stats
There are 122,346K outstanding shares of the company, which has a market capitalization of 3.33 billion. As of now, sales total 3,067 M while income totals 188,200 K. Its latest quarter income was 734,200 K while its last quarter net income were 45,800 K.
