Cineplex Inc. (TSE:CGX - Free Report) - National Bank Financial increased their FY2025 earnings per share estimates for shares of Cineplex in a note issued to investors on Tuesday, February 11th. National Bank Financial analyst A. Shine now anticipates that the company will earn $1.13 per share for the year, up from their prior estimate of $1.12. The consensus estimate for Cineplex's current full-year earnings is $1.08 per share.
Separately, Canaccord Genuity Group boosted their price target on Cineplex from C$12.50 to C$14.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Cineplex currently has an average rating of "Moderate Buy" and a consensus price target of C$18.93.
Get Our Latest Stock Report on Cineplex
Cineplex Trading Down 1.8 %
CGX traded down C$0.20 during trading on Friday, hitting C$11.06. The company's stock had a trading volume of 254,600 shares, compared to its average volume of 285,024. The firm's 50 day moving average price is C$11.68 and its 200-day moving average price is C$10.92. The company has a debt-to-equity ratio of -4,623.78, a current ratio of 0.43 and a quick ratio of 0.22. The stock has a market cap of C$698.46 million, a PE ratio of -18.61, a PEG ratio of 0.30 and a beta of 2.74. Cineplex has a twelve month low of C$7.10 and a twelve month high of C$13.09.
Insider Buying and Selling at Cineplex
In other news, Director Ellis Jacob sold 29,874 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of C$10.02, for a total transaction of C$299,337.48. In the last three months, insiders sold 33,615 shares of company stock worth $340,197. Insiders own 1.85% of the company's stock.
About Cineplex
(
Get Free Report)
Cineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.
Featured Stories
Before you consider Cineplex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cineplex wasn't on the list.
While Cineplex currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
