Wall Street brokerages expect Cinemark Holdings, Inc. (NYSE:CNK) to report earnings of ($0.13) per share for the current quarter, according to Zacks. Five analysts have made estimates for Cinemark’s earnings, with the lowest EPS estimate coming in at ($0.25) and the highest estimate coming in at ($0.03). Cinemark reported earnings per share of $0.28 in the same quarter last year, which would suggest a negative year over year growth rate of 146.4%. The firm is expected to issue its next quarterly earnings results on Tuesday, May 19th.

On average, analysts expect that Cinemark will report full year earnings of ($0.55) per share for the current fiscal year, with EPS estimates ranging from ($2.65) to $1.29. For the next financial year, analysts expect that the company will post earnings of $1.58 per share, with EPS estimates ranging from $0.70 to $2.26. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Cinemark.

Cinemark (NYSE:CNK) last released its quarterly earnings data on Friday, February 21st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.23). The business had revenue of $788.80 million during the quarter, compared to analysts’ expectations of $799.87 million. Cinemark had a return on equity of 14.74% and a net margin of 5.83%. The company’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.

CNK has been the subject of a number of research analyst reports. B. Riley upgraded Cinemark to a “buy” rating and raised their price target for the company from $14.00 to $16.00 in a research report on Monday, April 13th. Imperial Capital dropped their price target on Cinemark from $45.00 to $26.00 and set an “outperform” rating for the company in a research report on Wednesday, March 25th. Macquarie upgraded Cinemark from a “neutral” rating to an “outperform” rating and set a $20.00 price target for the company in a research report on Thursday, April 23rd. ValuEngine upgraded Cinemark from a “sell” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Morgan Stanley dropped their price target on Cinemark from $33.00 to $20.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. Cinemark presently has an average rating of “Buy” and a consensus target price of $23.92.

NYSE:CNK opened at $11.88 on Wednesday. Cinemark has a 1 year low of $5.71 and a 1 year high of $41.60. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 7.29 and a beta of 1.76. The stock has a fifty day moving average price of $12.19 and a two-hundred day moving average price of $26.08. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.87 and a current ratio of 0.90.

In other Cinemark news, Director Ximena G. Humrichouse sold 5,000 shares of the firm’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $11.40, for a total value of $57,000.00. Following the sale, the director now directly owns 21,045 shares of the company’s stock, valued at approximately $239,913. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lee Roy Mitchell purchased 74,800 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was acquired at an average cost of $25.87 per share, for a total transaction of $1,935,076.00. Over the last three months, insiders acquired 205,801 shares of company stock worth $3,363,064. 9.39% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of CNK. Marshall Wace LLP acquired a new position in shares of Cinemark in the 1st quarter valued at about $65,000. Amundi Pioneer Asset Management Inc. lifted its stake in shares of Cinemark by 5.2% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 122,899 shares of the company’s stock valued at $4,915,000 after purchasing an additional 6,112 shares in the last quarter. Allred Capital Management LLC acquired a new position in shares of Cinemark in the 4th quarter valued at about $70,000. First Hawaiian Bank lifted its stake in shares of Cinemark by 5.3% in the 4th quarter. First Hawaiian Bank now owns 33,073 shares of the company’s stock valued at $1,120,000 after purchasing an additional 1,651 shares in the last quarter. Finally, 6 Meridian lifted its stake in shares of Cinemark by 5.5% in the 4th quarter. 6 Meridian now owns 14,769 shares of the company’s stock valued at $500,000 after purchasing an additional 767 shares in the last quarter.

About Cinemark

Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of December 31, 2018, it operated 341 theatres and 4,586 screens in 41 states of the United States; and 205 theatres and 1,462 screens in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay.

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