Cinemark (CNK) Soars 6.5%: Is Further Upside Left in the Stock?

Shares of Cinemark jumped, after an analyst at Roth MKM upgraded the company's rating. Optimism is fueled by anticipated improvements in box office performance driven by a strong lineup of blockbuster releases and the company's strategic debt reduction plans. Furthermore, the potential reintroduction of capital returns, such as dividends or share buybacks, after debt reduction and achieving optimal leverage levels, enhances investor confidence. For Cinemark, the consensus EPS estimate for the quarter has be ...