Home Sectors Consumer Cyclical Present Trend: Cinemark Inc (NYSE: CNK)

Present Trend: Cinemark Inc (NYSE: CNK)

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Cinemark Inc trades as part of the entertainment industry and is in the consumer cyclical sector. The company CEO is Mark Zoradi. Cinemark Inc is a motion picture exhibitor operating in the United States. The company operates over 4,000 screens across the country mainly in midsize cities or suburbs of large cities.

Previous Intraday Trading Performance:

The CNK stock showed a previous change of -5.34% with an open at 38.50 and a close of 36.53. It reached an intraday high of 38.56 and a low of 36.43.

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Liquidity:

The stock has a market cap of $4.3b with 116.8m shares outstanding, of which the float is 102.6m shares. Trading volume reached 2,012,051 shares compared to its average volume of 1,122,190 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Cinemark Inc shares returned -8.22% and in the past 30 trading days it returned 2.96%. Over three months, it changed -10.04%. In one year it has changed -1.35% and within that year its 52-week high was 44.00 and its 52-week low was 33.36. CNK stock is 9.50% above its 52 Week Low.

Our calculations show a 200 day moving average of 37.51 and a 50 day moving average of 38.89. Currently CNK stock is trading -2.61% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

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Earnings:

The last annual fiscal EPS for the company was reported at 2.26 that ended on 31st of December 2017, which according to the previous close, that is a PE of 16.16. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.45. The TTM EPS is 2.48, which comes to a TTM PE of 14.73. Historically, the PE high was 28.80 and the PE low was 14.10. If the stock reached its PE low, that would represent a price of 34.97, which is a decrease of -4.28%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.43
06-30-2018:  0.70
03-31-2018:  0.53
12-31-2017:  0.82

The dividend per share is currently 1.28, which is a dividend yield of 3.50%. Also, the payout ratio is 51.61%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 33.68, which means it may be overvalued by -8.47%

Indicators to Watch:

Based on the latest filings, there is 12.20% of insider ownership and 160.60% of institutional ownership. Short-interest is 9,283,115, which is 7.95% of shares outstanding. The short-interest ratio or days-to-cover ratio is 7.75. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.83

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 20.70%, return on assets is 6.60%, profit margin is 8.79%, price-to-sales is 2.03 and price-to-book is 3.09.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.