National Bank Financial Forecasts Cineplex Q4 Earnings

Cineplex Inc. (TSE:CGX - Free Report) - Stock analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of Cineplex in a report issued on Thursday, January 16th. National Bank Financial analyst A. Shine forecasts that the company will earn $0.13 per share for the quarter. The consensus estimate for Cineplex's current full-year earnings is $1.08 per share. National Bank Financial also issued estimates for Cineplex's FY2025 earnings at $1.12 EPS.

Several other research analysts have also weighed in on the company. Canaccord Genuity Group upped their price target on Cineplex from C$11.50 to C$12.00 in a research report on Thursday, October 17th. Canaccord Genuity Group lifted their target price on Cineplex from C$11.50 to C$12.50 and gave the company a "buy" rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$18.71.

Cineplex Stock Up 0.9 %

TSE:CGX traded up C$0.10 during trading hours on Monday, hitting C$11.08. 119,616 shares of the stock traded hands, compared to its average volume of 227,760. The firm has a 50 day moving average price of C$11.63 and a 200 day moving average price of C$10.55. The firm has a market cap of C$705.57 million, a price-to-earnings ratio of -9.89, a PEG ratio of 0.30 and a beta of 2.74. Cineplex has a fifty-two week low of C$7.10 and a fifty-two week high of C$13.09. The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 30,533.69.

Insider Buying and Selling at Cineplex

In other Cineplex news, Director Ellis Jacob sold 29,874 shares of Cineplex stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$10.02, for a total value of C$299,337.48. Insiders have sold 33,615 shares of company stock worth $340,197 over the last 90 days. 1.85% of the stock is currently owned by corporate insiders.

Cineplex Company Profile

Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.