Cineplex Inc. (TSE:CGX - Free Report) - Equities researchers at National Bank Financial lowered their FY2025 EPS estimates for Cineplex in a report issued on Wednesday, November 6th. National Bank Financial analyst A. Shine now forecasts that the company will earn $1.20 per share for the year, down from their prior estimate of $1.27. The consensus estimate for Cineplex's current full-year earnings is $1.08 per share.
Cineplex (TSE:CGX - Get Free Report) last issued its earnings results on Friday, August 9th. The company reported C($0.33) EPS for the quarter. The firm had revenue of C$277.34 million during the quarter, compared to analyst estimates of C$283.90 million.
Several other research analysts have also weighed in on the stock. Canaccord Genuity Group upped their price objective on shares of Cineplex from C$11.50 to C$12.00 in a research note on Thursday, October 17th. TD Securities raised their price objective on shares of Cineplex from C$14.00 to C$16.00 and gave the company a "buy" rating in a research report on Friday, August 16th. Royal Bank of Canada dropped their price target on shares of Cineplex from C$14.00 to C$13.00 in a research note on Wednesday, July 24th. Scotiabank upped their price objective on shares of Cineplex from C$10.00 to C$12.00 and gave the stock an "outperform" rating in a report on Monday, August 12th. Finally, Desjardins raised their target price on Cineplex from C$52.00 to C$53.00 and gave the company a "buy" rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$18.71.
Check Out Our Latest Stock Report on Cineplex
Cineplex Stock Up 0.8 %
TSE:CGX traded up C$0.08 on Friday, hitting C$10.38. 100,620 shares of the company's stock traded hands, compared to its average volume of 350,373. The firm has a 50-day moving average price of C$10.57 and a 200-day moving average price of C$9.27. 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. The company has a market cap of C$661.00 million, a PE ratio of -9.20, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. Cineplex has a 1 year low of C$7.10 and a 1 year high of C$11.16.
About Cineplex
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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.
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