Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 25th: KT Corporation (KT) : This telecommunications and platform services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days. KT has a price-to-earnings ratio (P/E) of 8.31, compared with 12.10 for the industry. The company possesses a Value Score of A. Orange County Bancorp, Inc. (OBT) : This commerci ...

Adyen chosen by Cinemark to streamline payments and enhance experiences for moviegoers across Cinemark's 300+ U.S. locations. SAN FRANCISCO, Sept. 19, 2024 /PRNewswire/ -- Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, will serve as the single financial platform to power enterprise payments for Cinemark, one of the largest and most influential theatrical exhibition companies in the world. This new collaboration will bring increased payment options and ease of ...

Americans are a lot more confident about the economy than they were till last month. Cooling inflation and the Federal Reserve's hint at starting rate cuts have made them more confident about the economy's health. Consumer confidence in August jumped on hopes that lower borrowing costs in the coming months will give people more spending power and boost the nation's economy. Given this situation, it would be ideal to invest in discretionary stocks such as Cinemark Holdings, Inc. (CNK) , Traeger, Inc. (COOK) ...

The Zacks Leisure and Recreation Services industry faces challenges due to high inflation and elevated interest rates. The industry is benefiting from the optimization of business processes, consistent strategic partnerships and digital initiatives. Moreover, robust demand for concerts, strong bookings for cruise operators and higher per capita spending at theme parks are supporting the industry. Firms like Royal Caribbean Cruises Ltd. (RCL) , Norwegian Cruise Line Holdings Ltd. (NCLH) and Cinemark Holdings ...

Cinemark Holdings (CNK) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this movie theater owner, should get reflected in its stock price. After all, empirical research shows a strong correlation ...

100 0 Holly Guerrio Cinemark Holdings, Inc. (NYSE:CNK) recently reported the company's Q2 results, showing a notable year-on-year decline in revenues and earnings as the box office remains slow. Still, with the box office pipeline remaining strong for upcoming years, the company's longer-term outlook remains good. I previously wrote an article on the stock on the 21st of September in 2023, titled "Cinemark: Rebound Potential Still Left". In the article, I rated Cinemark at a Buy rating due to the company's ...

Have you been paying attention to shares of Cinemark Holdings (CNK) ? Shares have been on the move with the stock up 26.4% over the past month. The stock hit a new 52-week high of $26.92 in the previous session. Cinemark Holdings has gained 90.9% since the start of the year compared to the -6% move for the Zacks Consumer Discretionary sector and the -4.9% return for the Zacks Leisure and Recreation Services industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings ...

While Monday was a bloodbath for most equities, the market wasn't completely devoid of winners. One standout performer was movie theater owner and operator Cinemark (NYSE:CNK). On the surface, an enterprise with fading relevance to the consumer would seem problematic. However, CNK stock not only gained nearly 10% so far this week but shot up almost 14% in the past 5 trading days. Even better, it might not be done with its northward trek. Catapulting sentiment was the company's surprisingly robust second-qua ...

Cinemark Holdings, Inc. (NYSE:CNK) Q2 2024 Earnings Conference Call August 2, 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 Aaron Lee - Macquarie David Karnovsky - JPMorgan Eric Handler - ROTH MKM Ben Swinburne - Morgan Stanley Jim Goss - Barrington Research Omar Mejias - Wells Fargo Mike Hickey - Benchmark Eric Wold - B. Riley Securiti ...

Core Viewpoint - Cinemark Holdings (CNK) reported a significant decline in revenue and earnings for the quarter ended June 2024, with a year-over-year revenue drop of 22.1% and EPS decreasing from $0.80 to $0.32, although the revenue exceeded Wall Street expectations by 5.91% [1] Financial Performance - Revenue for the quarter was $734.2 million, compared to the Zacks Consensus Estimate of $693.22 million [1] - EPS of $0.32 represented a surprise of +357.14% over the consensus estimate of $0.07 [1] Key Metrics - Average ticket price in the U.S. Operating Segment was $9.88, exceeding the estimate of $9.79 [3] - Average ticket price in the International Operating Segment was $3.75, below the estimate of $4.06 [3] - Concession revenues per patron in the U.S. Operating Segment were $7.95, slightly above the estimate of $7.85 [3] Attendance and Revenue Breakdown - Attendance in the International Operating Segment reached 20.9 million, surpassing the estimate of 18.71 million [4] - Revenue from International Admissions was $78.40 million, exceeding the estimate of $75.92 million, but reflecting a year-over-year decline of 25.3% [5] - Revenue from U.S. Admissions was $287.40 million, above the estimate of $271.33 million, with a year-over-year decline of 23% [6] - Revenue from U.S. Other was $53.20 million, exceeding the estimate of $47.39 million, with an 18.4% decline year-over-year [7] - Revenue from U.S. Concessions was $231.40 million, above the estimate of $217.50 million, reflecting a 21.9% decline year-over-year [8] - Revenue from International Other was $22.30 million, exceeding the estimate of $20.07 million, with an 11.9% decline year-over-year [9] - Total revenue from Admissions was $365.80 million, above the estimate of $349.10 million, with a year-over-year decline of 23.5% [10] - Revenue from Other was $75.50 million, exceeding the estimate of $70.15 million, reflecting a 16.6% decline year-over-year [11] - Revenue from Concessions was $292.90 million, above the estimate of $273.97 million, with a year-over-year decline of 21.6% [12] Stock Performance - Cinemark shares have returned +8.1% over the past month, contrasting with the Zacks S&P 500 composite's -0.4% change [12] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [12]