Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Cinemark (CNK) Share Price
Press coverage about Cinemark (NYSE:CNK) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cinemark earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.6434903858847 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Cinemark (NYSE:CNK) traded up $0.72 during midday trading on Monday, reaching $38.31. The company had a trading volume of 1,631,644 shares, compared to its average volume of 1,421,152. Cinemark has a 1 year low of $32.03 and a 1 year high of $44.84. The stock has a market capitalization of $4,380.00, a P/E ratio of 18.16, a PEG ratio of 1.04 and a beta of 1.15. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.50 and a quick ratio of 1.46.
CNK has been the topic of several recent research reports. B. Riley restated a “buy” rating and issued a $47.00 price objective on shares of Cinemark in a research report on Tuesday, December 5th. Wedbush set a $42.00 target price on Cinemark and gave the stock a “buy” rating in a research report on Tuesday, December 5th. Zacks Investment Research upgraded Cinemark from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. MKM Partners reduced their target price on Cinemark to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, January 24th. Finally, Royal Bank of Canada upgraded Cinemark from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $33.91 to $40.00 in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $41.61.
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Cinemark Holdings, Inc is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Paraguay, Curacao and Bolivia. The Company manages its business in two segments: U.S.
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