Cinemark(CNK)

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Are You Looking for a Top Momentum Pick? Why Cinemark Holdings (CNK) is a Great Choice
ZACKS· 2024-11-22 18:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Cinemark Holdings (CNK) - Cinemark Holdings currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [3][4]. - The stock has shown strong performance, with a price increase of 16.34% over the past quarter and a remarkable 131.51% increase over the last year, significantly outperforming the S&P 500's gains of 6.16% and 32.62% respectively [8]. Price Performance - Over the past week, CNK shares increased by 1.05%, while the Zacks Leisure and Recreation Services industry saw a minimal increase of 0.01% [7]. - The monthly price change for CNK is 14.32%, outperforming the industry's 8.41% [7]. Trading Volume - CNK's average 20-day trading volume is 2,674,033 shares, which serves as a bullish indicator when combined with rising stock prices [9]. Earnings Outlook - In the last two months, 6 earnings estimates for CNK have been revised upwards, raising the consensus estimate from $1.38 to $2.00 [11]. - For the next fiscal year, 5 estimates have increased while 1 has decreased, indicating a generally positive earnings outlook [11]. Conclusion - Given the strong momentum indicators and positive earnings revisions, Cinemark Holdings is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [12].
CNK or ABNB: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-21 17:41
Investors with an interest in Leisure and Recreation Services stocks have likely encountered both Cinemark Holdings (CNK) and Airbnb, Inc. (ABNB) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Sc ...
Is Cinemark (CNK) Stock Undervalued Right Now?
ZACKS· 2024-11-21 15:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and ...
CNK vs. ABNB: Which Stock Is the Better Value Option?
ZACKS· 2024-11-05 17:41
Core Insights - Cinemark Holdings (CNK) is currently viewed as a better value opportunity compared to Airbnb, Inc. (ABNB) based on various financial metrics and rankings [1][3] Valuation Metrics - Cinemark Holdings has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to Airbnb, which has a Zacks Rank of 3 (Hold) [3] - The forward P/E ratio for CNK is 16.40, while ABNB's forward P/E is significantly higher at 32.80 [5] - CNK's PEG ratio stands at 1.64, compared to ABNB's PEG ratio of 1.93, suggesting that CNK may offer better value relative to its expected earnings growth [5] - The P/B ratio for CNK is 6.37, while ABNB has a P/B ratio of 10.98, further indicating that CNK is more favorably valued [6] - Overall, CNK's Value grade is A, while ABNB's Value grade is D, highlighting the superior valuation metrics of CNK [6]
Is Cinemark (CNK) a Great Value Stock Right Now?
ZACKS· 2024-11-05 15:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...
Cinemark(CNK) - 2024 Q3 - Earnings Call Transcript
2024-10-31 19:25
Cinemark Holdings, Inc. (NYSE:CNK) Q3 2024 Earnings Call October 31, 2024 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President and Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Eric Handler - ROTH Capital Omar Mejias - Wells Fargo Chad Beynon - Macquarie Asset Management Daniel Duran - Morgan Stanley Robert Fishman - MoffettNathanson Mike Hickey - Benchmark Jim Goss - Ba ...
Cinemark (CNK) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-31 14:36
For the quarter ended September 2024, Cinemark Holdings (CNK) reported revenue of $921.8 million, up 5.4% over the same period last year. EPS came in at $1.19, compared to $0.61 in the year-ago quarter.The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $891.75 million. With the consensus EPS estimate being $0.58, the EPS surprise was +105.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...
Cinemark Holdings (CNK) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 13:05
Cinemark Holdings (CNK) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 105.17%. A quarter ago, it was expected that this movie theater owner would post earnings of $0.07 per share when it actually produced earnings of $0.32, delivering a surprise of 357.14%.Over the last four quarter ...
Cinemark(CNK) - 2024 Q3 - Quarterly Report
2024-10-31 10:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE | --- | --- | --- | --- | |--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...
Cinemark(CNK) - 2024 Q3 - Quarterly Results
2024-10-31 10:40
Exhibit 99.1 CINEMARK® CINEMARK HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS Delivered record-high third quarter revenue of $922 million that grew 5% year-over-year Reported $189 million of net income and record-high third quarter Adjusted EBITDA of $221 million with a robust 23.9% Adjusted EBITDA margin Plano, TX, October 31, 2024 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and nine mo ...