Cineplex (TSE:CGX – Get Free Report) will announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of C($0.15) per share for the quarter.
Cineplex (TSE:CGX – Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported C($0.19) earnings per share for the quarter. The firm had revenue of C$315.08 million during the quarter, compared to analysts’ expectations of C$359.50 million.
Cineplex Stock Up 3.8 %
Shares of TSE:CGX opened at C$9.02 on Thursday. Cineplex has a 52-week low of C$7.14 and a 52-week high of C$10.26. The stock has a market cap of C$574.39 million, a P/E ratio of 5.01, a price-to-earnings-growth ratio of 0.30 and a beta of 2.84. The business’s 50 day moving average is C$7.77 and its 200 day moving average is C$8.16. The company has a quick ratio of 0.22, a current ratio of 0.55 and a debt-to-equity ratio of 7,933.30.
Insider Transactions at Cineplex
Analysts Set New Price Targets
Several analysts have issued reports on the company. Royal Bank of Canada dropped their target price on Cineplex from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research report on Friday, February 9th. National Bankshares reduced their target price on Cineplex from C$13.50 to C$12.50 and set an “outperform” rating for the company in a research note on Tuesday, January 16th. BMO Capital Markets raised their target price on Cineplex from C$11.50 to C$12.50 and gave the stock a “market perform” rating in a research note on Wednesday, March 6th. Canaccord Genuity Group reduced their target price on Cineplex from C$13.75 to C$13.00 and set a “buy” rating for the company in a research note on Friday, February 9th. Finally, Scotiabank raised their target price on Cineplex from C$11.00 to C$11.25 and gave the stock an “outperform” rating in a research note on Friday, March 8th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$12.88.
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.
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