What's happening with Cinemark Holdings?
Apr 07, 2022 · cnbc.com - February 18 at 6:29 PM. Even after rising 5.8% this past week, Cinemark Holdings (NYSE:CNK) shareholders are still down 53% over the past five years. finance.yahoo.com - February 17 at 12:23 PM.
What are the price targets for Cinemark's stock?
Get the latest Cinemark Holdings, Inc. (CNK) stock news and headlines to help you in your trading and investing decisions.
What is the upside for Cinemark's stock?
Jul 29, 2021 · Cinemark is down more than 30% since the start of July. Pressure comes from sector effects, streaming, and fears of new pandemic restrictions. There might be opportunity here for those willing to...
When will Cinemark report its first quarter 2022 operating results?
Jul 07, 2021 · Cinemark Holdings stock (NYSE: CNK), which currently trades at a little below $22 per share, is still not recovered fully to its pre-Covid level. Cinemark Holdings, which is an American movie...
Is Cinemark a good stock to buy right now?
Cinemark Holdings Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Why Cinemark is going down?
Cinemark is down more than 30% since the start of July. Pressure comes from sector effects, streaming, and fears of new pandemic restrictions.Jul 29, 2021
Will Cinemark stock go up?
Stock Price Forecast The 12 analysts offering 12-month price forecasts for Cinemark Holdings Inc have a median target of 22.00, with a high estimate of 32.00 and a low estimate of 13.90. The median estimate represents a +26.95% increase from the last price of 17.33.
Why is CNK stock down?
(NYSE:CNK) is an American movie theater chain headquartered in Plano, Texas in the Dallas-Fort Worth area, and has been operating since 1984. The stock has been decimated due to the Covid-19 pandemic producing disaster for the movie theater industry, but a recovery is on the cusp of reality in 2022 and beyond.Mar 23, 2022
Is CNK a buy or sell?
Cinemark has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Is Cinemark a publicly traded company?
Cinemark Holdings, Inc. began its first full year of operations as a public company in 2007 and began trading on the New York Stock Exchange on April 24, 2007.
Is Cinemark a buy right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 1 sell rating, 2 hold ratin...
How has Cinemark's stock price been impacted by Coronavirus?
Cinemark's stock was trading at $19.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO...
When is Cinemark's next earnings date?
Cinemark is scheduled to release its next quarterly earnings announcement on Friday, May 6th 2022. View our earnings forecast for Cinemark .
How were Cinemark's earnings last quarter?
Cinemark Holdings, Inc. (NYSE:CNK) announced its quarterly earnings results on Friday, February, 25th. The company reported $0.05 EPS for the quart...
What price target have analysts set for CNK?
6 Wall Street analysts have issued 1-year price objectives for Cinemark's shares. Their forecasts range from $13.60 to $32.00. On average, they exp...
Who are Cinemark's key executives?
Cinemark's management team includes the following people: Sean Gamble , President, CEO, COO & Director Melissa Hayes Thomas , Chief Financial Of...
What is Mark Zoradi's approval rating as Cinemark's CEO?
295 employees have rated Cinemark CEO Mark Zoradi on Glassdoor.com . Mark Zoradi has an approval rating of 73% among Cinemark's employees.
Who are some of Cinemark's key competitors?
Some companies that are related to Cinemark include Walt Disney (DIS) , Live Nation Entertainment (LYV) , News (NWSA) , World Wrestling Enterta...
What other stocks do shareholders of Cinemark own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include Pfizer (PFE) , Carnival Co...
Will Cinemark Holdings (CNK) Report Negative Earnings Next Week? What You Should Know
Cinemark Holdings, Inc. -- Moody's affirms Cinemark's B3 CFR and revises outlook to positive amid cinema industry's continuing recovery
Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why are Cinemark theaters only 50% capacity?
Rating Action: Moody's affirms Cinemark's B3 CFR and revises outlook to positive amid cinema industry's continuing recoveryGlobal Credit Research - 02 Feb 2022Approximately $2.15 billion of rated debt impactedNew York, February 02, 2022 -- Moody's Investors Service ("Moody's") has affirmed Cinemark USA, Inc.'s ("Cinemark USA") B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR), Ba3 ratings on the senior secured debt (comprising the $100 million revolving credit facility (RCF), $634.8 million outstanding senior secured term loan facility and $250 million outstanding senior secured notes) and Caa1 ratings on the $1.17 billion outstanding senior unsecured notes.
How much debt does CNK have?
In other major international markets only about 50% of Cinemark theaters are functioning due to recent spikes in Covid positive cases.
How much did CNK make in 2019?
CNK’s total debt increased from $1.8 billion in 2017 to $2.4 billion in 2020, while its total cash increased from around $522 million to $655 million over the same period. However, the rise in cash balance is entirely due to additional debt raised.
Is Cinemark stock recovered?
CNK revenues increased from $3 billion in 2017 to $3.3 billion in 2019, primarily due to higher revenue per patron. Despite higher revenue, earnings decreased from $2.26 to $1.63 during this period due to higher cost of operations.
What happened
Cinemark Holdings stock (NYSE: CNK), which currently trades at a little below $22 per share, is still not recovered fully to its pre-Covid level. Cinemark Holdings, which is an American movie theater chain, saw its stock trading over $32 in February 2020 just before the outbreak of the pandemic and is still almost 33% below that level.
So what
Movie theater stocks fell on Thursday, as multiple U.S. states and international markets reported rapidly rising COVID-19 case counts.
Now what
At least a dozen U.S. states and parts of many other countries are dealing with record numbers of new COVID-19 cases. The situation threatens to force health and government officials to slow reopening plans, which could stifle a much-needed economic recovery that has only just begun.
The outlook for movie chain operator Cinemark Holdings took a big hit this weekend. Here's what you need to know
While companies such as Netflix clearly stand to benefit from a coronavirus-driven acceleration in the stay-at-home trend, movie theaters could be one of the hardest-hit industries during the COVID-19 crisis. That makes AMC Entertainment, Cinemark Holdings, and National CineMedia particularly risky investments during the pandemic.
What happened
Reuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.
So what
Shares of movie theater operator Cinemark Holdings ( NYSE:CNK) fell just shy of 10% at one point today. The big story, however, didn't specifically apply to Cinemark but really to the broader health of the movie theater industry. And this weekend revealed that the news isn't good.
Now what
Long holiday weekends have historically been very good for movie chains. People are often looking for something fun to do, and movie production companies generally try to accommodate them by releasing blockbuster movies. For example, in 2019 the Thanksgiving weekend saw a box office pull of $262 million driven by Disney's Frozen 2.
