Cinemark (NYSE:CNK) announced its earnings results on Friday. The company reported ($1.75) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.53) by ($0.22), MarketWatch Earnings reports. The firm had revenue of $114.40 million during the quarter, compared to analysts’ expectations of $98.06 million. Cinemark had a negative return on equity of 27.80% and a negative net margin of 25.51%. The company’s revenue for the quarter was down 79.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.51) earnings per share. CNK traded up $1.08 on Friday, hitting $21.57. 4,829,359 shares of the company’s stock were exchanged, compared to its average volume of 4,470,222. The firm has a market cap of $2.58 billion, a PE ratio of -7.21 and a beta of 2.61. Cinemark has a twelve month low of $7.56 and a twelve month high of $27.84. The stock has a fifty day moving average of $21.69 and a two-hundred day moving average of $18.41. The company has a current ratio of 1.58, a quick ratio of 1.55 and a debt-to-equity ratio of 2.45. A number of equities analysts have recently commented on CNK shares. Benchmark lifted their target price on Cinemark from $21.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, March 3rd. Loop Capital lowered Cinemark from a “buy” rating to a “hold” rating and set a $22.00 price target for the company. in a research report on Monday, March 1st. B. Riley raised Cinemark from a “neutral” rating to a “buy” rating and upped their target price for the company from $14.00 to $28.00 in a research report on Friday, January 15th. Moffett Nathanson upped their target price on Cinemark from $12.00 to $14.00 in a research note on Friday, January 15th. Finally, Zacks Investment Research upgraded Cinemark from a “sell” rating to a “hold” rating in a research note on Monday, February 22nd. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $22.17. (Ad)Huge Contracts With Dell & Microsoft Has Put This Company At The top Of Our List! In other Cinemark news, insider Valmir Fernandes sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $24.98, for a total value of $299,760.00. Following the sale, the insider now owns 165,288 shares in the company, valued at $4,128,894.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 9.39% of the stock is owned by corporate insiders. Cinemark Company Profile Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of March 4, 2021, it operated 531 theatres with 5,958 screens in the United States, Brazil, Argentina, Chile, Colombia, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. Read More: What is a put option? Featured Article: What is the price-to-earnings growth (PEG) ratio? 7 Stocks to Buy As Americans Receive Stimulus ChecksMillions of Americans will be receiving an additional $1,400 as part of the Biden stimulus plan after receiving $600 as part of the stimulus bill that President Trump back on December 27, 2020. Many already have.For many Americans, there is a definite plan for how that money will be spent. And the usual suspects like Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN) will likely continue to be busy. However, for other Americans, the money they receive will truly be like finding money. Both scenarios present different thoughts for investors.You may agree with the payments. You may disagree with them. It really doesn’t matter, they’re coming and now as an investor, the question is how can you benefit from the new spending that will undoubtedly occur as a result of Americans receiving this stimulus?We have some ideas and we’re sharing them with you in this special presentation. It’s comforting to remember that for many people receiving the stimulus checks will help ease the pressure from desperate circumstances.View the “7 Stocks to Buy As Americans Receive Stimulus Checks”.

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