Cinemark downgraded by Wedbush with a new price target
$CNK
Movies/Entertainment
Consumer Discretionary
Wedbush downgraded Cinemark from Outperform to Neutral and set a new price target of $32.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $32.00 | Outperform → Neutral | Wedbush |
| 10/31/2024 | $36.00 | Mkt Perform → Outperform | Barrington Research |
| 8/28/2024 | Outperform → Mkt Perform | Barrington Research | |
| 8/27/2024 | $31.00 | Buy → Neutral | B. Riley Securities |
| 8/5/2024 | $24.00 → $28.00 | Outperform | Barrington Research |
| 7/8/2024 | $16.00 → $27.00 | Neutral → Buy | B. Riley Securities |
| 6/24/2024 | $19.00 → $26.00 | Neutral → Buy | ROTH MKM |
| 4/5/2024 | $13.00 → $23.00 | Underweight → Overweight | Wells Fargo |
4 - Cinemark Holdings, Inc. (0001385280) (Issuer)
4 - Cinemark Holdings, Inc. (0001385280) (Issuer)
4 - Cinemark Holdings, Inc. (0001385280) (Issuer)
SC 13G - Cinemark Holdings, Inc. (0001385280) (Subject)
SC 13G - Cinemark Holdings, Inc. (0001385280) (Subject)
SC 13G/A - Cinemark Holdings, Inc. (0001385280) (Subject)
National CineMedia, Inc. (NASDAQ:NCMI) ("the Company" or "NCM"), the managing member of National CineMedia, LLC ("NCM LLC"), the operator of the largest cinema advertising platform in the U.S., plans to issue its third quarter 2024 earnings results after the market closes on Tuesday, November 5, 2024. A conference call and audio webcast to discuss the results will take place at 5:00 p.m. Eastern Time. The conference call can be accessed by dialing (844) 481-2522 or for international participants (412) 317-0550. Participants should register at least 15 minutes prior to the commencement of the call. Additionally, a live audio webcast will be available to interested parties at www.ncm.com und
Cinemark Holdings, Inc. ("Cinemark") (NYSE:CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that it will report its third quarter 2024 operating results pre-market and host a webcast and conference call to discuss the results on: Thursday, October 31, 2024 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?webcastid=igg8inEJ A replay of the call will be available at https://ir.cinemark.com following the call and archived for a limited time. To automatically receive Cinemark financial news by email, ple
Revenue of $54.7 million exceeds guidance Advertising revenue per attendee reaches $0.56, surpassing 2019 levels National advertising revenue per attendee up 37% year-over-year National CineMedia, Inc. (NASDAQ:NCMI) ("the Company" or "NCM"), the managing member and owner of approximately 100% National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising network reaching movie audiences in the U.S., today announced its consolidated results for the fiscal second quarter ended June 27, 2024. "The second quarter of 2024 highlighted our continued strong performance across the key metrics of inventory utilization and monetization, with advertising revenue per attendee
Morgan Stanley analyst Benjamin Swinburne maintains Cinemark Hldgs (NYSE:CNK) with a Overweight and raises the price target from $24 to $26.
The movie theater sector got a bit of a lift to start the second half of 2024 with several movies, such as “Inside Out 2,” hitting impressive box office figures. A new report says there could be more optimism ahead for the movie sector, but it might not favor movie theater companies as much as other sectors. What Happened: The global box office is expected to post a year-over-year decline in revenue in 2024, with the first half of 2024 posting a significant drop to the prior year already. A new report from PwC shows the global total cinema revenue passing pre-COVID-19 pandemic levels in 2026. The "Global Entertainment & Media Outlook" covers 13 sectors and 53 countries with resul
As of July 10, 2024, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Cinemark Holdings, Inc (NYSE:CNK) On July 9, Cinemark USA announced the pricing of
Delivered record-high third quarter revenue of $922 million that grew 5% year-over-year Reported $189 million of net income and record-high third quarter Adjusted EBITDA of $221 million with a robust 23.9% Adjusted EBITDA margin Cinemark Holdings, Inc. (NYSE:CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and nine months ended September 30, 2024. "Strong, sustained consumer enthusiasm for shared, larger-than-life, theatrical experiences was once again on full display in the third quarter as film results far outpaced expectations, delivering the highest quarterly box office since the pandemic, which climbed
National CineMedia, Inc. (NASDAQ:NCMI) ("the Company" or "NCM"), the managing member of National CineMedia, LLC ("NCM LLC"), the operator of the largest cinema advertising platform in the U.S., plans to issue its third quarter 2024 earnings results after the market closes on Tuesday, November 5, 2024. A conference call and audio webcast to discuss the results will take place at 5:00 p.m. Eastern Time. The conference call can be accessed by dialing (844) 481-2522 or for international participants (412) 317-0550. Participants should register at least 15 minutes prior to the commencement of the call. Additionally, a live audio webcast will be available to interested parties at www.ncm.com und
Cinemark Holdings, Inc. ("Cinemark") (NYSE:CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that it will report its third quarter 2024 operating results pre-market and host a webcast and conference call to discuss the results on: Thursday, October 31, 2024 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?webcastid=igg8inEJ A replay of the call will be available at https://ir.cinemark.com following the call and archived for a limited time. To automatically receive Cinemark financial news by email, ple
10-Q - Cinemark Holdings, Inc. (0001385280) (Filer)
8-K - Cinemark Holdings, Inc. (0001385280) (Filer)
8-K - Cinemark Holdings, Inc. (0001385280) (Filer)
Wedbush downgraded Cinemark from Outperform to Neutral and set a new price target of $32.00
Barrington Research upgraded Cinemark from Mkt Perform to Outperform and set a new price target of $36.00
Barrington Research downgraded Cinemark from Outperform to Mkt Perform
Veteran executive joins NCM to lead development and execution of go-to-market strategy to propel next stage of growth across NCM's premium video advertising platform National CineMedia (NASDAQ:NCMI) ("the Company" or "NCM"), the largest cinema advertising platform in the US, today announced the appointment of seasoned media executive and strategist, Catherine Sullivan, as President of Sales, Marketing, and Partnerships, effective May 16, 2024. In this role, Sullivan will oversee the Company's sales and marketing strategy and lead initiatives to continue the momentum of brands returning to the theater to reach sought-after audiences. Sullivan will join the executive leadership team, report
Former Chief Financial Officer for Groupon to Succeed Sean Gamble, Recently Promoted to President and Named Successor to Chief Executive Officer Cinemark Holdings, Inc. (NYSE:CNK), one of the world's largest and most influential movie theatre companies, announces Melissa Thomas has been appointed as the company's Executive Vice President and Chief Financial Officer and will join the team effective November 8th. Ms. Thomas will succeed Sean Gamble, who was promoted to President on July 28, 2021, and will be named Chief Executive Officer on January 1, 2022, upon the retirement of Mark Zoradi at the end of this year. Ms. Thomas joins Cinemark after serving as CFO for Groupon (GRPN) since 201
Mark Zoradi, CEO, to retire from Cinemark at the end of the year while continuing on the Board of Directors Sean Gamble, CFO & COO, named as Zoradi's successor as CEO Promotions announced for Wanda Gierhart Fearing, Damian Wardle, Sid Srivastava Cinemark Holdings, Inc., one of the world's largest and most influential movie theatre companies, today announced that Mark Zoradi, CEO and Board Director, will retire as Cinemark's CEO at the end of 2021. Zoradi will remain a member of the Board of Directors until the 2024 annual meeting when his continuing term will be subject to board nomination and shareholder election. Sean Gamble, CFO & COO, has been named as Zoradi's successor as CEO effec