Cinemark Holdings Inc. (NYSE: CNK) is -22.02% lower on its value in year-to-date trading and has touched a low of $12.98 and a high of $23.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNK stock was last observed hovering at around $13.06 in the last trading session, with the day’s loss setting it -0.49%.
Currently trading at $12.57, the stock is -10.72% and -22.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.81 million and changing -3.75% at the moment leaves the stock -22.62% off its SMA200. CNK registered -28.46% loss for a year compared to 6-month loss of -25.09%.
The stock witnessed a -18.00% gain in the last 1 month and extending the period to 3 months gives it a -9.24%, and is -9.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.25% over the week and 3.71% over the month.
Cinemark Holdings Inc. (CNK) has around 7480 employees, a market worth around $1.54B and $2.31B in sales. Fwd P/E is 16.47. Profit margin for the company is -9.40%. Distance from 52-week low is -3.16% and -45.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.20%).
Cinemark Holdings Inc. (CNK) Analyst Forecasts
Cinemark Holdings Inc. is expected to release its quarterly report on 11/04/2022.The EPS is expected to grow by 48.20% this year
Cinemark Holdings Inc. (CNK) Top Institutional Holders
The shares outstanding are 118.20M, and float is at 107.23M with Short Float at 17.54%.
Cinemark Holdings Inc. (CNK) Insider Activity
A total of 15 insider transactions have happened at Cinemark Holdings Inc. (CNK) in the last six months, with sales accounting for 6 and purchases happening 9 times. The most recent transaction is an insider sale by Cavalier Michael, the company’s EVP-General Counsel. SEC filings show that Cavalier Michael sold 8,929 shares of the company’s common stock on Dec 20 at a price of $16.30 per share for a total of $0.15 million. Following the sale, the insider now owns 0.27 million shares.
Cinemark Holdings Inc. (CNK): Who are the competitors?
The company’s main competitors (and peers) include AMC Entertainment Holdings Inc. (AMC) that is trading -63.94% down over the past 12 months and The Marcus Corporation (MCS) that is -6.48% lower over the same period. Reading International Inc. (RDI) is -16.04% down on the 1-year trading charts.