Cineplex (CGX) Stock Price, News & Analysis

Company Overview

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. The company also operates cineplex.com, a website that offers streaming video, movie information, showtimes and ability to buy tickets online, entertainment news, and box office reports, as well as advertising and digital commerce solutions; Cineplex mobile app; and the Cineplex Store, which provides transactional video-on-demand, including Home Premiere services, such as premium video on demand and premium electronic sell through services. In addition, it incorporates advertising mediums related to theatre exhibition; and offers digital signage solutions and in-store retail media networks for various brands in shopping centers, restaurants, retailers, and entertainment destinations. Further, the company operates location-based entertainment establishments, including The Rec Room, a social entertainment destination for millennials that offers a range of entertainment options, such as simulation, redemption, video, recreational gaming, attractions, and a live entertainment venue for watching entertainment programming; Playdium, a complex designed for teens and families; and Cineplex Junxion, an entertainment concept for movies, amusement gaming, dining, and live performances, as well as in-theatre gaming centers. Additionally, it offers Scene+, a customer loyalty program designed to offer members discounts and the opportunity to earn and redeem points. Cineplex Inc. was founded in 1912 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$12.30 to C$12.59
• 50-Day Range: C$9.96 to C$12.95
• 52-Week Range: C$7.10 to C$13.09
• Volume: 316,120 shs
• Average Volume: 348,625 shs
• Market Capitalization: C$786.45 million
• P/E Ratio: N/A
• Dividend Yield: 14.57%
• Price Target: C$18.71
• Consensus Rating: Moderate Buy

Cineplex Stock Analysis - MarketRank™

Cineplex scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cineplex has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Cineplex has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cineplex is -11.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cineplex is -11.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Cineplex has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CGX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Cineplex is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Cineplex does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CGX.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.67

News Sentiment

Cineplex has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Cineplex this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for CGX on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Cineplex to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cineplex insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$321,792.00 in company stock.

Percentage Held by Insiders

Only 1.85% of the stock of Cineplex is held by insiders.

Percentage Held by Institutions

Only 24.30% of the stock of Cineplex is held by institutions.

CGX Stock Analysis - Frequently Asked Questions

How have CGX shares performed this year?

Cineplex's stock was trading at C$8.37 at the beginning of the year. Since then, CGX stock has increased by 47.6% and is now trading at C$12.35.
View the best growth stocks for 2024 here.

How do I buy shares of Cineplex?

Shares of CGX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Cineplex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cineplex investors own include Intact Financial (IFC), Constellation Software (CSU), Air Canada (AC), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Enbridge (ENB) and Vermilion Energy (VET).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Communication Services
• Industry: Entertainment
• Sub-Industry: N/A
• Current Symbol: TSE:CGX
• CUSIP: N/A
• CIK: N/A
• Web: www.cineplex.com
• Phone: +1-416-3236600
• Fax: N/A
• Employees: 10,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$18.71
• High Stock Price Target: C$53.00
• Low Stock Price Target: C$12.00
• Potential Upside/Downside: +51.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($1.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.48
• P/E Growth: 0.3
• Net Income: C$-71,920,000.00
• Net Margins: 0.35%
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: 2.69%

Debt

• Debt-to-Equity Ratio: 30,533.69
• Current Ratio: 0.36
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: C$1.30 billion
• Price / Sales: 0.60
• Cash Flow: C$0.69 per share
• Price / Cash Flow: 17.80
• Book Value: C($0.22) per share
• Price / Book: -56.14

Miscellaneous

• Outstanding Shares: 63,680,000
• Free Float: N/A
• Market Cap: C$786.45 million
• Optionable: Not Optionable
• Beta: 2.74