Cinemark Holdings Inc [NYSE: CNK] plunged by -$0.11 during the normal trading session on while it closed the day at $27.36.
Cinemark Holdings Inc stock has also gained 1.86% of its value over the past 7 days. However, CNK stock has inclined by 28.09% in the 3 months of the year. Over the past six months meanwhile, it has gained 46.31% and gained 94.18% year-on date.
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The market cap for CNK stock reached $3.35 billion, with 121.60 million shares outstanding and 109.27 million shares in the current float. Compared to the average trading volume of 2.69M shares, CNK reached a trading volume of 2956552 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]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNK shares is $27.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNK stock is a recommendation set at 2.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barrington Research have made an estimate for Cinemark Holdings Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on August 28, 2024. The new note on the price target was released on August 27, 2024, representing the official price target for Cinemark Holdings Inc stock. Previously, the target price had yet another raise from $24 to $28, while Barrington Research kept a Outperform rating on CNK stock. On July 08, 2024, analysts increased their price target for CNK shares from 16 to 27.
The Average True Range (ATR) for Cinemark Holdings Inc is set at 0.72, with the Price to Sales ratio for CNK stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 9.15, with the Price to Cash per share for the same quarter was set at 6.45. Price to Free Cash Flow for CNK in the course of the last twelve months was 15.70 with Quick ratio for the last quarter at 1.26.
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 1.86. With this latest performance, CNK shares gained by 0.40% in over the last four-week period, additionally plugging by 46.31% over the last 6 months – not to mention a rise of 47.97% 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 48.04, with the RSI for the last a single of trading hit 42.16, and the three-weeks RSI is set at 52.98 for Cinemark Holdings Inc [CNK]. The present Moving Average for the last 50 days of trading for this stock 26.74, while it was recorded at 27.59 for the last single week of trading, and 19.65 for the last 200 days.
Cinemark Holdings Inc [CNK]: An insightful look at the core fundamentals
Cinemark Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.26 and a Current Ratio set at 1.29.
Earnings per share (EPS) analysis for Cinemark Holdings Inc [CNK] stock
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 10.00%.
Cinemark Holdings Inc [CNK]: Institutional Ownership
There are presently around $119.05%, or 133.33%% of CNK stock, in the hands of institutional investors. The top three institutional holders of CNK stocks are: BLACKROCK INC. with ownership of 16.28 million shares, which is approximately 13.5759%. ORBIS ALLAN GRAY LTD, holding 13.37 million shares of the stock with an approximate value of $$289.08 million in CNK stocks shares; and ORBIS ALLAN GRAY LTD, currently with $$286.69 million in CNK stock with ownership which is approximately 11.0596%.
