Wednesday, December 2, 2020

Cinemark Holdings Inc. [CNK] Revenue clocked in at $2.16 billion, down -72.50% YTD: What’s Next?

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Cinemark Holdings Inc. [NYSE: CNK] closed the trading session at $9.31 on 10/22/20. The day’s price range saw the stock hit a low of $8.54, while the highest price level was $9.33. The company report on October 15, 2020 that Chicken Soup for the Soul Entertainment’s Screen Media to Bring ‘The Outpost’ Back to Theaters for Special Veterans Day Screenings.

Exclusive Screenings in Partnership with Fathom Events of the Never-Before-Seen-Director’s Cut on November 11th and 12th Include Special Introduction by Director Rod Lurie and Veterans Who Participated in the Movie.


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Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that Screen Media and Millennium Media’s military thriller, The Outpost, a true story based on Jake Tapper’s best-selling non-fiction book, The Outpost: An Untold Story of American Valor, will return to theaters for special screenings in honor of Veterans Day in partnership with Fathom Events.

The stocks have a year to date performance of -72.50 percent and weekly performance of 18.30 percent. The stock has been moved at -23.69 percent over the last six months. The stock has performed -11.33 percent around the most recent 30 days and changed -23.75 percent over the most recent 3-months.

If compared to the average trading volume of 8.97M shares, CNK reached to a volume of 9920396 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Cinemark Holdings Inc. [CNK]:

B. Riley Securities have made an estimate for Cinemark Holdings Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 12, 2020. The new note on the price target was released on August 20, 2020, representing the official price target for Cinemark Holdings Inc. stock. Previously, the target price had yet another raise to $12, while Goldman analysts kept a Neutral rating on CNK stock. On June 29, 2020, analysts decreased their price target for CNK shares from 20 to 13.

The Average True Range (ATR) for Cinemark Holdings Inc. is set at 0.74, with the Price to Sales ratio for CNK stock in the period of the last 12 months amounting to 0.51. The Price to Book ratio for the last quarter was 1.00, with the Price to Cash per share for the same quarter was set at 4.85.

CNK stock trade performance evaluation

Cinemark Holdings Inc. [CNK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.30. With this latest performance, CNK shares dropped by -11.33% in over the last four-week period, additionally sinking by -23.69% over the last 6 months – not to mention a drop of -74.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNK stock in for the last two-week period is set at 47.17, with the RSI for the last a single of trading hit 56.02, and the three-weeks RSI is set at 44.59 for Cinemark Holdings Inc. [CNK]. The present Moving Average for the last 50 days of trading for this stock 11.32, while it was recorded at 8.56 for the last single week of trading, and 16.07 for the last 200 days.

Cinemark Holdings Inc. [CNK]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Cinemark Holdings Inc. [CNK] shares currently have an operating margin of +12.41 and a Gross Margin at +17.69. Cinemark Holdings Inc.’s Net Margin is presently recorded at +5.79.

Return on Total Capital for CNK is now 9.79, given the latest momentum, and Return on Invested Capital for the company is 4.74. Return on Equity for this stock inclined to 13.21, with Return on Assets sitting at 3.69. When it comes to the capital structure of this company, Cinemark Holdings Inc. [CNK] has a Total Debt to Total Equity ratio set at 235.08. Additionally, CNK Total Debt to Total Capital is recorded at 70.16, with Total Debt to Total Assets ending up at 57.91. Long-Term Debt to Equity for the company is recorded at 218.40, with the Long-Term Debt to Total Capital now at 65.18.

Reflecting on the efficiency of the workforce at the company, Cinemark Holdings Inc. [CNK] managed to generate an average of $8,646 per employee. Receivables Turnover for the company is 35.27 with a Total Asset Turnover recorded at a value of 0.64.Cinemark Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for Cinemark Holdings Inc. [CNK] stock

With the latest financial reports released by the company, Cinemark Holdings Inc. posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.49/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -44.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cinemark Holdings Inc. go to 8.50%.

Cinemark Holdings Inc. [CNK]: Insider Ownership positions

There are presently around $924 million, or 85.90% of CNK stock, in the hands of institutional investors. The top three institutional holders of CNK stocks are: BLACKROCK INC. with ownership of 12,397,289, which is approximately 0.386% of the company’s market cap and around 1.30% of the total institutional ownership; VANGUARD GROUP INC, holding 9,671,457 shares of the stock with an approximate value of $90.04 million in CNK stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $78.62 million in CNK stock with ownership of nearly 68.314% of the company’s market capitalization.

Positions in Cinemark Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 124 institutional holders increased their position in Cinemark Holdings Inc. [NYSE:CNK] by around 21,840,308 shares. Additionally, 146 investors decreased positions by around 38,663,104 shares, while 34 investors held positions by with 38,748,592 shares. The mentioned changes placed institutional holdings at 99,252,004 shares, according to the latest SEC report filing. CNK stock had 45 new institutional investments in for a total of 4,758,031 shares, while 60 institutional investors sold positions of 11,376,438 shares during the same period.

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