Cineplex Inc. (TSE:CGX - Free Report) - Analysts at National Bank Financial issued their Q3 2024 earnings estimates for Cineplex in a report issued on Monday, September 30th. National Bank Financial analyst A. Shine forecasts that the company will post earnings per share of $0.24 for the quarter. The consensus estimate for Cineplex's current full-year earnings is $1.07 per share.
Cineplex (TSE:CGX - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported C($0.33) earnings per share for the quarter. The company had revenue of C$277.34 million during the quarter, compared to the consensus estimate of C$283.90 million.
CGX has been the subject of several other reports. Scotiabank raised 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. Canaccord Genuity Group reduced their price target on Cineplex from C$12.00 to C$11.50 in a research report on Wednesday, September 25th. TD Securities increased their price objective on Cineplex from C$14.00 to C$16.00 and gave the stock a "buy" rating in a report on Friday, August 16th. Royal Bank of Canada reduced their target price on Cineplex from C$14.00 to C$13.00 in a report on Wednesday, July 24th. Finally, Desjardins increased their price target on shares of Cineplex from C$52.00 to C$53.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Cineplex has a consensus rating of "Moderate Buy" and a consensus price target of C$18.64.
Read Our Latest Report on CGX
Cineplex Price Performance
Shares of TSE:CGX opened at C$10.53 on Wednesday. The company has a 50-day moving average price of C$10.21 and a two-hundred day moving average price of C$8.77. Cineplex has a twelve month low of C$7.10 and a twelve month high of C$11.16. The company has a quick ratio of 0.22, a current ratio of 0.36 and a debt-to-equity ratio of 30,533.69. The firm has a market capitalization of C$670.55 million, a PE ratio of -9.40, a P/E/G ratio of 0.30 and a beta of 2.75.
Cineplex Company Profile
(
Get Free Report)
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.
Featured Articles
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
